Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 initially tried to rally during the trading session on Monday, and did in fact to a point, but has pulled back to show signs of exhaustion towards the end of the day.

The Australian dollar has broken out during the trading session on Monday, as we have cleared the 0.6450 level.

107.00 looks very pivotal

The WTI Crude Oil market broke down a bit during the trading session on Monday, losing quite a bit of the gains from last week.

Silver markets have done extraordinarily little over the last several trading sessions, as the market dances around the $15.20 level.

South African finance minister Mboweni outlined one possible labor market reform for the post-Covid-19 economy, targeting restaurants.

The Indian rupee is likely to find a bit of pressure when facing the greenback during the trading session on Tuesday.

Key resistance overhead beginning at $8,000.

Gold markets pulled back a bit during the trading session on Monday to continue to show weakness.

New higher support at 1.2400 looks pivotal

In a positive development, the Cabinet Office is realistic about market developments.

Canada’s economy is faced with increasing pressures from the sell-off across the oil market.

EUR/USD: Long-term bearish drift

Upon the return of the Australian government on May 12th, an unprecedented statement will be made regarding the Covid-19 pandemic.

Ripple has lost its second executive this year.