Forex Forecast and Cryptocurrencies Forecast for June 22 – 26, 2020

<p>First, a review of last week’s events: – EUR/USD . The Financial Times reported in a recent article that analysts began to have problems as Forex stopped responding to fundamental factors as before. Against the backdrop of uncertainty in global financial markets, investor risk moods dominate, which are determined by the actions of regulators on quantitative easing (QE) and support for stock markets, on the one hand, and fear of the second wave of the COVID-19 pandemic, on the other. And this fear is becoming stronger due to a new outbreak of coronavirus in China and an increase in the number of infected in several US states. This confusion of investors is clearly visible on the EUR/USD chart. There is a side trend at the start of the week, then a 150-point rise, followed by a “ladder” down with four neat steps. Finally, the finish at 1.1180 is 80 points below the start level at the beginning of the five-day period. (Recall that two weeks ago, the final amplitude of fluctuations of the</p>