Forex Daily Forecast, Analysis and Prediction

During the session on Thursday, the USD/CAD pair initially tried to rally during the day, but turned back around in order to form a relatively negative candle.

The EUR/USD pair fell during the session on Thursday as we continue to grind away in the previous consolidation region.

The GBP/USD pair fell significantly during the course of the session on Thursday, as we continue to make new lows.

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 January 4, 2016 here.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 4, 2016.

Stay up to date for the trading year ahead with our Forex forecast for the USD/JPY pair.

Stay up to date for the trading year ahead with our Forex forecast for the GBP/USD pair.

Stay up to date for the trading year ahead with our Forex forecast for the EUR/CHF pair.

Stay up to date for the trading year ahead with our Forex forecast for the USD/MXN pair.

Stay up to date for the trading year ahead with our Forex forecast for the EUR/USD pair.

Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of January 4, 2015.

Get the NZD/USD Forex Signal for December 31, 2015.

The USD/MXN pair continues to grind its way higher over the last several months, and we don’t think that January will be any different.

The EUR/GBP broke higher during the course of the last several weeks.

The EUR/CHF pair has been going sideways for some time now.