Forex Daily Forecast, Analysis and Prediction

According to the analyzes of the silver and EUR/USD, trader profited using a binary options platform. Find out how here for May 19, 2015.

Get the Forex forecast for major pairs for the week of May 18, 2015 here.

Get the AUD/USD Forex signal for May 19, here.

Get the USD/JPY Forex signal for May 19, here.

Get the GBP/USD Forex signal for May 19, here.

Get the EUR/USD Forex signal for May 19, here.

The EUR/USD pair had a fairly negative session on Monday as traders came back from the weekend. It seems that we continue to struggle out the 1.14 level, which of course is a not a huge surprise to me, because we are testing the last vestiges of true resistance.

Looking at the silver markets in the spot index, you can see that we have broken above the $17.50 level during the session on Monday, and out of the previous large consolidation area.

The WTI Crude Oil markets did very little during the session on Monday as traders came back from the weekend. It appears that the market is essentially settling at the $60 level, and as a result there isn’t much to do.

Gold prices initially advanced on Monday but encountered resistance below the 1235 level as a rebound in the dollar prompted investors to take profits after the precious metal's sharp rally the week before.

Get the AUD/USD Forex signal for May 18, 2015 here.

Get the USD/JPY Forex signal for May 18 2015 here.

Get the GBP/USD Forex signal for May 18, 215 here.

Get the EUR/USD Forex signal for May 18, 2015 here.

The EUR/USD pair initially fell during the session on Friday, but found enough support near the 1.13 level to turn things back around and form a hammer shaped candle for Friday.