Forex Daily Forecast, Analysis and Prediction

The S&P 500 fell slightly during the day on Thursday, but quite frankly after the run we’ve had it’s not a huge surprise.

Gold markets fell initially on Wednesday, showing quite a bit of negativity.

The EUR/USD pair fell during the day on Wednesday, testing the 1.05 level for support. The GBP/USD pair broke down during the day on Wednesday, slicing below the 1.24 level significantly.

The WTI Crude Oil market initially rallied on Wednesday, but continued to find resistance near the $54.50 level. The natural gas markets had a slightly positive session on Wednesday, clearing the $2.75 level.

The USD/JPY pair broke higher during the session on Wednesday, clearing the top of the hammer from the Tuesday session which of course is a strong buying signal.

The S&P 500 showed signs of real strength during the day on Wednesday, as we touched the 2400 level. The NASDAQ 100 broke higher as well, reaching towards the 5400 level.

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

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

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

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

Get the USD/CHF Forex signal for March 2, 2017 here.

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

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

Gold prices initially fell yesterday but rebounded well off the daily lows and closed the session slightly higher.

Get the NZD/USD Forex signal for March 1, 2017 here.