Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair went back and forth on Friday, ultimately printing a slightly negative candle.

The USD/JPY pair initially fell during the day on Friday but found enough support near the 122 level to turn things around and form a bit of a hammer.

The NZD/CAD pair is a market that we’ve been paying attention to recently. While they are both driven by moderate easing general, the reality is that certain commodities are going to be more sensitive to economic conditions at the moment than others.

The GBP/USD pair initially tried to rally on Friday, but then turned back around to fall significantly.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 30, 2015.

Check out our newest trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of November 30, 2015 here.

The EUR/USD pair broke down during this last month, slicing through the uptrend line that had previously made the bottom of an ascending triangle.

The USD/CAD pair has been grinding its way higher over the last several weeks, and we believe this will continue to be the case going forward as we reach towards December.

The EUR/CHF pair has been grinding sideways overall for the last couple of months, but there are a couple of reasons that we think this market could be one that you have to pay attention to.

The GBP/CHF pair has been very impulsive to the upside recently, and as a result we are trying to build up enough pressure to finally break out above the 1.55 level.

The USD/MXN pair continued to go sideways during the course of November, using the 16.40 level as support.

This is an important week ahead. We have central banks expounding on 4 major currencies this week, we can expect an active week with reasonably high volatility. Get the economic and political calendar for the popular currencies for the week of November 30, 2015.

Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of November 30, 2015.

The EUR/CAD pair initially tried to rally during the day on Thursday, but then turned back around to form a somewhat negative candle.

The EUR/USD pair fell slightly during the course of the session on Thursday, as the Americans would’ve been away from the markets as the Thanksgiving holiday took focus.