Forex Daily Forecast, Analysis and Prediction

The EUR/CHF pair fell initially during the session on Friday, but as you can see bounced off of support at the 1.0650 level. By doing so, we ended up forming a hammer, which of course is a bullish sign.

The USD/JPY pair surge higher during the session on Friday, but as you can see struggled at the 120 level.

The EUR/USD pair initially broke higher during the course of the session on Friday, but found enough resistance to turn things back around and form a shooting star.

Get the March 2015 forecast for Gold here.

Get the March 2015 forecast for the EUR/USD pair here.

Get the USD/JPY forecast for the month of March 2015 here.

Get the Forex forecast learning about quant vs chart reading for the week of March 1, 2015 here.

Begin the month of March 2015 with a weekly forecast for some of the major Forex pairs here.

Gold prices climbed for a second day and settled at $1209.08 an ounce, gaining $4.93, on hopes that the Federal Reserve will not be in a hurry to hike rates.

The GBP/USD pair fell rather hard during the session on Thursday, as the 1.55 level continues to offer significant resistance.

The EUR/USD pair fell hard during the session on Thursday, breaking well below the 1.12 level.

The EUR/GBP pair initially tried to rally on Thursday, but fell significantly from there.

The AUD/USD pair initially tried to rally during the course of the day on Thursday, but ran into quite a bit of resistance at the 0.79 level.

Get the USD/JPY Forex signal for February 26, 2015 here.

Get the USD/CHF Forex signal for February 26, 2015 here.