Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair has recently broken down below a head and shoulders pattern on the daily chart, which had a neckline near the 1.17 level.

The US dollar had to rally during most of the month of October against the Japanese yen, but as you can see, we continue to find resistance at the 114.50 level above.

The GBP/USD pair rallied a bit over the last month after initially falling with significance.

The New Zealand dollar was very negative during the back half of October, as the election results poured in from New Zealand.

The WTI Crude Oil market has been very bullish of the last several weeks, as October ended up being one of the better months that I have seen recently. T

Get the NZD/USD Forex signal for November 2, 2017 here.

Get the AUD/USD Forex signal for November 2, 2017 here.

Check out the BTC/USD Forex signal for November 2, 2017 here.

Get the USD/JPY Forex signal for November 2, 2017 here.

Get the USD/CAD Forex signal for November 2, 2017 here.

Get the GBP/USD Forex signal for November 2, 2017 here.

Get the EUR/USD Forex signal for November 2, 2017 here.

The EUR/USD pair has fallen a bit during the day on Wednesday, as we continue to look at negativity in the market.

The WTI Crude Oil market tried to rally during the session on Wednesday, reaching towards the $55 level.

The US dollar rallied significantly during the session on Wednesday, reaching towards the 114.50 level above.