Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 4, 2017.

The EUR/USD pair has been extraordinarily strong over the last several weeks, and even when as high as the 1.20 level.

The British pound has been very volatile over the last several weeks, and as we roll into September we should see a significant amount of volume jump into the marketplace.

The New Zealand dollar has been negative during most of August, as we are approaching the 0.72 level.

The US dollar has been very choppy over the last several weeks, as we test the massive uptrend line I have marked on the chart.

The Swiss franc and the Japanese yen both have been in favor over the last couple of months, so this pair will be vital to pay attention to if you choose to play a risk appetite type of trade.

Begin the new month of September 2017 with our weekly Forex forecast focusing on major currency pairs here.

Gold prices rose $12.06 an ounce on Thursday after the Fed’s preferred inflation gauge remained below its annual target and the latest housing data came in weaker than expected.

The WTI Crude Oil market initially fell, but we turned around to form a massive bullish candle for the week.

The USD/JPY pair initially tried to rally during the session on Thursday, but turned around to show signs of trouble as we closed near the bottom of the session.

The EUR/USD pair fell during most of the session on Thursday, but found enough support below the 1.19 level to turn around and form a hammer.

The S&P 500 rallied during the Thursday session, approaching the 2475 handle.

Get the NZD/USD Forex signal for August 31, 2017 here.

Get the AUD/USD Forex signal for August 31, 2017 here.

Get the Bitcoin Forex signal for August 31, 2017 here.