Forex Daily Forecast, Analysis and Prediction

Check out the AUD/USD Forex signal for May 15, 2017 here.

Get the USD/JPY Forex signal for May 15, 2017 here.

The EUR/USD pair rose during the Friday session after we had less than stellar US economic announcements come out. The British pound initially fell during the day on Friday but found support near the 1.2850 level again, just as we had on Thursday.

The US dollar fell against the Japanese yen on Friday, breaking through the 113.50 level. The Australian dollar tried to rally on Friday but struggled as we reached above the 0.74 level.

The S&P 500 initially fell on Friday but did recover some of the losses later in the day. The NASDAQ 100 fell during the day on Friday initially, but continues to find plenty of support at the 5650 handle, showing that there is real resiliency in this market.

The WTI Crude Oil market initially fell on Friday, but then turned around to form a bit of a hammer. Natural gas markets broke higher during the day on Friday, after we had cleared the $3.33 handle.

Check out the USD/CAD Forex signal for May 15, 2017 here.

Get the USD/CHF Forex signal for May 15, 2017 here.

Get the GBP/USD Forex signal for May 15, 2017 here.

Get the EUR/USD Forex signal for May 15, 2017 here.

Gold prices rose for a second straight session and settled at $1228.17 an ounce on Friday as a series of economic data out of the world’s largest economy disappointed the market and weighed on the American dollar.

Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for May 15, 2017

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of May 15, 2017.

Begin the trading week prepared with the Forex forecast focusing on the major pairs you should watch out for during the week of May 15, 2017 here.

The EUR/USD pair went back and forth during the day on Thursday, testing the 1.09 level for resistance, and the gap below for support.