Forex Daily Forecast, Analysis and Prediction

The S&P 500 went back and forth during the Wednesday session, as we continue to see volatility after a significant break out.

The EUR/USD pair has had a very strong month of May, reaching above the 1.12 handle.

The Australian dollar has sold off against the Swiss franc during the month of May, as we have broken an uptrend line.

The GBP/CAD pair had a rocky month of May, as we fell from the previous gap that was filled.

The British pound went sideways during the month of May, after breaking out above the 1.2750 level.

The AUD/NZD pair had a negative month of May, reaching towards the 1.05 level.

Gold prices ended Tuesday’s session moderately lower as lack of bullish fundamental developments prompted some investors to lock in gains from a recent rally to a four-week high.

The EUR/USD pair had a volatile session during the day on Tuesday, but found enough support to turn around and form a nice-looking hammer.

The USD/JPY pair initially rally during the day on Tuesday, but found resistive enough to turn the market back around and sell off significantly.

The WTI Crude Oil market fell significantly during the day but turned around to form a supportive looking candle.

The S&P 500 fell a bit during the day on Tuesday, but found enough support at the 2410 level to turn things around and form a bullish looking candle.

Get the NZD/USD Forex signal for May 30, 2017 here.

Get the AUD/USD Forex signal for May 30, 2017 here.

Get the USD/JPY Forex signal for May 30, 2017 here.

Get the USD/CAD Forex signal for May 30, 2017 here.