Forex Daily Forecast, Analysis and Prediction

Lately, we've been paying quite a bit of attention to the EUR/CAD pair, which is very interesting to us because of the issues in the European Union as far as the economy is concerned, and of course what’s going on in the oil markets, as they are falling apart.

The Canadian dollar fell during the session on Thursday in relation to Swiss francs.

The TRY/JPY pair had a fairly neutral session during the day on Thursday, suggesting that perhaps we are running out of momentum to the upside.

During the session on Thursday, the EUR/USD pair went back and forth in a sign of support as the market could not continue to sell off.

The SGD/CHF pair initially rallied during the course of the day on Thursday, but as you can see turned back around and formed a bit of a shooting star.

Gold prices rose on Thursday for the second day in a row after touching their lowest level in more than five years as after breaching a key resistance at $1079 triggered some short-side profit taking as expected.

Get the NZD/USD Forex signal for November 19, 2015 here.

Get the AUD/USD Forex signal for November 19, 2105 here.

Get the USD/JPY Forex signal for November 19, 2015 here.

Get the USD/CAD Forex signal for November 19, 2015 here.

Get the USD/CHF Forex signal for November 19, 2015 here.

Get the GBP/USD Forex signal for November 19, 2015 here.

Get the EUR/USD Forex signal for November 19, 2015 here.

The Norwegian krone is normally thought of as a proxy for the crude oil market. More specifically, I find that it correlates nicely with the Brent market, as Brent North Sea is the grade that most often is found when drilling in the North Sea itself.

The USD/MXN pair initially tried to fall during the day on Wednesday, but the 16.70 level continues to attract buyers as this market is currently grinding sideways.