Forex Daily Forecast, Analysis and Prediction

The New Zealand dollar had been a highflyer until the last couple of weeks, which suggests that perhaps it has run out of momentum.

In the beginning of this week’s trading, the EUR/USD pair attempted to correct upwards with gains reaching the 1.1288 resistance

Increasing pressure has pushed the GBP/USD pair to continue the sharp losses which pushed it towards the 1.2250 level, the lowest for a month,

The price of gold almost didn’t move at all at the beginning of this week’s trading, as the movement during yesterday's session ranged

After four trading sessions in which the USD/JPY pair attempted an upward correction with gains to 107.88, it returned to stability around the 107.55 level

AUD/USD: Bears are winning

Risk appetite for the Brazilian Real has eroded the past few trading days and seen a wave of USD/BRL buyers step up and push the forex pair towards important resistance levels.

The Indian Rupee continues to demonstrate an ability to test a wide range.

USD/JPY: 107.86 looks likely to be today’s pivotal point

BTC/USD: Bulls holding support at $9,014

The NASDAQ 100 gapped lower to kick off the trading session on Monday, dropped a bit, but then found buyers underneath at what would be the bottom of the overall channel.

The US dollar has rallied a bit against the Japanese yen during the trading session on Monday, as we have seen a bit of US dollar strength in general.

The S&P 500 initially gapped lower to kick off the trading session on Monday as people started to worry about coronavirus figures again

The British pound initially tried to rally during the trading session on Monday, but then rolled over again to break down below the 1.23 level.

The Euro has initially rally during the trading session on Monday, but then gave back quite a bit of the gains once the market reached towards the 1.13 level.