Forex Daily Forecast, Analysis and Prediction

Gold prices ended slightly higher Monday as a retreat in the dollar took some pressure off the precious metal.

Get the WTI Crude Oil and Natural Gas Forecast for August 15, 2016.

It is impossible not to be bullish of a stock market when it is making all-time highs.

The precious metal ended the week virtually flat, settling at $1337.19 an ounce, as the impressive run in major equity markets around the globe eroded demand for the precious metal.

Get the NZD/USD Forex Signal for August 15, 2016 here.

Get the AUD/USD Forex Signal for August 15, 2016 here.

Get the USD/JPY Forex Signal for August 15, 2016 here.

Get the USD/CAD Forex Signal for August 15, 2016 here.

Get the USD/CHF Forex Signal for August 15, 2016 here.

Get the GBP/USD Forex Signal for August 15, 2016 here.

Get the EUR/USD Forex Signal for August 15, 2016 here.

Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of August 14, 2016 here.

There will be a much heavier news schedule this week compared to last week, which includes crucial central bank input from the Federal Reserve concerning the U.S. Dollar (the monthly FOMC statement), as well as a key U.S. data tranche. The Reserve Bank of Australia will also be releasing its Monetary Policy Meeting Minutes.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 14, 2016.

The WTI Crude Oil market had an explosive session during the day on Thursday, flying in the face of the resistance that we’ve seen recently. Natural gas markets fell significantly during the course of the day, but found support near the $2.50 level, an area that has been supportive in the past and I see as the signal that we’re changing trends to the downside for the longer term.