Forex Daily Forecast, Analysis and Prediction

GBP/USD: Price is clearing trend line and 1.2250 so far

EUR/USD: Yet strong long-term resistance in pivotal area above 1.0961

The US dollar went sideways against the Japanese yen during the trading session on Monday, which of course was Memorial Day in the United States

The British pound has rallied slightly during the trading session on Monday, as banks in both countries were closed.

The Euro currently sits around the 1.09 level, as would be expected as the Memorial Day holiday kept a lot of liquidity away from the markets.

The S&P 500 looks as if it is trying to get to the 3000 handle, which is a major round figure that will attract a lot of attention.

The NASDAQ 100 rallied a bit during the session on Monday, but keep in mind that it was Memorial Day, so it really does not matter.

The Australian dollar has rallied a bit during the trading session on Monday in very thin holiday trading as it was Memorial Day in the United States

Silver markets have initially fallen during the trading session on Monday, but then bounced a bit as we would have had a very thin trading session

The Bitcoin markets fell a bit during the trading session on Monday, which was Memorial Day in the United States

Gold markets pulled back a bit during the trading session on Monday, as Memorial Day trading is of course thin.

The West Texas Intermediate Crude Oil market has been going back and forth during the trading session on Monday, but it was also Memorial Day,

Mexico’s President Lopez Obrador believes the economic slowdown in China will benefit his country, entice a spike in foreign investment,

Despite new Covid-19 infections surging across the globe, financial markets remain disconnected from fundamentals.

Australia attempts to utilize the Covid-19 pandemic as a catalyst to achieve economic sovereignty.