Forex Daily Forecast, Analysis and Prediction

The S&P 500 initially tried to rally during the trading session on Monday, but gave back the gains as we continue to see exhaustion above the 3600 level.

Gold markets fluctuated during the course of the trading session on Tuesday, as we bounce around just below the 50-day EMA.

Silver markets have fluctuated during the trading session on Monday, as we continue to bounce around just above the 50-day EMA.

The US dollar pulled back slightly during the trading session on Monday but found enough support at the previous uptrend line that we continue to grind higher in general.

The Australian dollar has rallied during the trading session on Monday after a vaccine showing 95% efficacy was announced.

The US dollar tried to rally during the trading session on Monday but continues to see a lot of noise near the ¥105 level.

While Switzerland handled the first wave of the COVID-19 pandemic better than most of its European neighbors, the conditions during the second wave are notably worse.

Unlike Europe and the US, Singapore maintains control over the COVID-19 pandemic.

Another new long-term high price.

Sideways action dominates.

Area at 1.1865 remains pivotal.

Aussie supported by growing risk-on market sentiment.

The EUR/USD currency pair did not celebrate much of the recent optimism about the coronavirus vaccines, and is waiting for the markets to officially approve their handling.

The pound was second in strength over the course of last week's trading amid strong performance from global stock markets, as well as possible indications that Downing Street may be about to make concessions in trade talks on Brexit.

The gold performance was disappointing during last week's trading as the sales increased strongly.