Forex Daily Forecast, Analysis and Prediction

The Australian dollar broke down significantly during the trading session on Friday, as we broke down below the 0.65 handle.

Silver markets initially dipped during the trading session on Friday but found enough support underneath the $15 level to turn things around.

The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Friday, as we continue to see crude oil recover.

Bitcoin has gone back and forth during the session on Friday, just as it had done on Thursday, albeit in a much less volatile range.

Gold markets pulled back initially during the trading session on Friday but found enough buyers underneath the turn things around and form a hammer.

The S&P 500 has gapped lower to kick off the trading session on Friday, reaching down towards the 50 day EMA.

EUR/USD: Pivotal Point @1.0923

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Financial markets embarked on a substantial recovery off of their March lows.

India is considering a series of financial support mechanisms for its ailing business sectors, as the Covid-19 pandemic keeps the global economy hostage.

While the Eurozone is facing multiple threats to its economy and union alike, it is trumped by increasingly weak US data

New Zealand implemented one of the most severe lockdown measures, which was successful in combating the Covid-19 outbreak.

The Euro rallied significantly during the trading session on Thursday, reaching towards the 1.10 level