Forex Daily Forecast, Analysis and Prediction

The Bitcoin market initially pulled back just a bit during the trading session on Tuesday after the long-awaited halving on Monday.

Australian consumer sentiment for May recovered due to gradual easing of lockdown measures, but extreme caution is warranted.

At the beginning of this week’s trading, despite the gloomy US job numbers, the price of the EUR/USD currency pair fell back to the 1.0800 psychological support area ​​again

After the markets absorbed the US jobs numbers for April, which were announced last Friday, the markets will monitor the reaction from the announcement of inflation figures

The GBP/USD currency pair failed again to correct upwards, as the pair tumbled in the beginning of this week's trading to the 1.2282 support

The return of the US dollar strength after the markets absorbed the jobs report results for the month of April, which carried a lot of alarming numbers

South African companies started to implement wage cuts to preserve dwindling cash piles due to the nationwide lockdown in response to the Covid-19 outbreak.

AUD/USD: Medium-term strength in the AUD

The US dollar rallied rather significantly during the trading session on Monday, slamming into the 50 day EMA.

The British pound initially tried to rally during the trading session on Monday, but then broke down towards the 1.23 level yet again.

The Euro initially tried to rally during the trading session on Monday but gave back quite a bit of the gains as we broke above the 1.08 level.

The NASDAQ 100 continues its extreme battle with gravity, but you should keep in mind that this is essentially an ETF of Wall Street’s favorite stocks.

The Australian dollar continues to go back and forth around the 0.65 level, which is an area that should attract a lot of attention.

The S&P 500 went back and forth during the trading session on Monday, as the market has gotten far ahead of itself

BTC/USD: Support holding