Forex Daily Forecast, Analysis and Prediction

The silver markets have rallied significantly during the trading session on Friday, breaking above the $18 level.

India, home to Asia third-largest economy, was slowing before the outbreak of the Covid-19 pandemic forced a nationwide lockdown.

US President Trump announced he instructed his government to revoke all special considerations for Hong Kong after China passed a new security law governing its semi-autonomous regions.

New Zealand’s Finance Minister Robertson is defending his government's response to the Covid-19 pandemic.

Monthly chart suggests trend change from bearish to bullish

The DAX Index has come off short term highs made early last week but is still enjoying the fruits of a solid trend upwards since hitting lows near 8,500.000 mid-March.

Get the weekly Forex forecast for major currency pairs for the week of May 31, 2020 here.

Canadian companies are creating new jobs to comply with government-mandated Covid-19 protocols to allow a gradual resumption of economic activity.

Brazilian Real Has Become Stronger Recently

South African Rand on Firm Territory

The British pound rallied initially during the trading session on Thursday reaching towards the 50 day EMA before pulling back again.

The Australian dollar went back and forth during the trading session, in what has been very choppy trading.

Silver markets initially tried to rally during the trading session on Thursday but found resistance again at the $18 level.

New Zealand could be declared Covid-19 free in as little as 21 days.

A decisive moment arrives at the 3000 area, which is likely to be the bears’ last chance.