Forex Daily Forecast, Analysis and Prediction

GBP/USD: Strong pivotal point likely at 1.2456

Brazil and the US are leading the total global Covid-19 count, as well as new daily infections.

Global Covid-19 infections are surging to new daily records, led by the US.

India and China are attempting to defuse the border conflict at Galwan River valley peacefully after a brawl left dozens of troops dead.

Australia is heading towards an economic collapse unless the government maintains its present support.

The value range of the USD/ZAR continues to deliver a known trading range which speculators may find opportunistic and worthy of taking positions.

EUR/USD: Bearish head & shoulders pattern completed

Safety means a lot to traders particularly as the weekend approaches.

Silver markets have rallied a bit during the trading session on Thursday as we continue to see strength in precious metals markets overall.

The USD/PKR does not trade in a vacuum, but recent trading of the Pakistani Rupee suggests that its trend is not correlated to many forex pairs.

Bitcoin markets have gone back and forth during the trading session on Thursday, as we continue to see a lot of noise in this market.

Gold markets have rallied significantly during the trading session on Friday, reaching above the $1750 level for the first time in a while.

The West Texas Intermediate Crude Oil market looks as if it is trying to rally towards the $41 level, which is the top of the gap.

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