Forex Daily Forecast, Analysis and Prediction

Singapore gained relative control over the Covid-19 pandemic, but the risk of a secondary wave remains globally.

According to the assessment of Hugo Lopez-Gatell, the Deputy Health Minister of Mexico, the Covid-19 pandemic is in a sustained decline across the country.

BTC/USD: Support at $11,400 likely to be tested soon

GBPUSD: Stuck between buyers and sellers

EUR/USD: Slight bearish bias

The Australian dollar has gone back and forth during the course of the trading session on Monday, but ultimately ended up forming a little bit of a negative candlestick.

The Euro initially rally during the trading session on Monday but has fallen quite a bit from the highs in order to form a less than ideal candlestick.

The US dollar has rallied a bit during the trading session on Monday to kick off the week, but against the Japanese yen it has been extraordinarily sleepy.

The S&P 500 has rallied quite nicely during the session on Monday, breaking above the 3400 level and making an all-time high finally.

The British pound initially tried to rally during the trading session on Monday but gave back the gains in order to show less than impressive momentum.

The NASDAQ 100 has gone back and forth during the trading session on Monday, reaching all-time highs yet again.

The US dollar has pulled back a bit against the Brazilian real but still looks very bullish as we have recently broken out of an ascending triangle

The silver markets initially tried to rally during the trading session on Monday but gave back the gains in order to show a less than desirable candlestick.

The West Texas Intermediate Crude Oil market continues to be very uninspiring, as we simply go sideways.

Gold markets have initially tried to rally during the trading session on Monday but gave back quite a bit of the gains as the US dollar strengthened.