Forex Daily Forecast, Analysis and Prediction

The EUR/JPY bullish trend has remained strong long term and in early September the forex pair tested the 127.000 briefly before reversing lower.

Total Covid-19 cases in Switzerland crossed above 44,400 in the Alpine financial center with a population shy of 8,700,000, while the death toll climbed above 2,000.

India faces an acceleration in new daily Covid-19 infections, breaching the 90,000 level, overtaking Brazil as the second-most infected country globally, while remaining number four in the total death count.

The silver markets have initially rallied during the trading session on Friday but gave back the gains in order to form a less than impressive candlestick.

The Australian dollar has fallen a bit during the trading session on Friday, only to turn around and form a bit of a hammer.

The British pound initially was slightly positive during the trading session on Friday as we headed into the Non-Farm Payroll announcement but gave up a lot of the gains as the jobs number came out.

The past month of trading within the EUR/ZAR has seen a strong bearish trend develop.

The silver markets got hammered during the trading session on Thursday, as the risk appetite of traders were all over the place.

The Australian dollar has fallen during the trading session on Thursday as a lot of risk was taken off of the table.

The British pound has pulled back during the trading session on Thursday as there was a bit of a “risk off” feel that the markets.

While new Covid-19 cases continue to close the gap between Mexico and South Africa, currently the eight and seventh-most infected countries with the virus,

With South Africa reporting more than 2,000 new daily Covid-19 infections and strained public finances, the National Treasury commenced research into a wealth tax.

For two trading sessions in a row, the GBP/USD currency pair has been moving lower, giving up its highest levels in 2020 trading,

Economic data from Mexico continues to deliver troubling statistics.

The USD/INR has produced difficult trading the past week.