Forex Daily Forecast, Analysis and Prediction

Check out the recommendation for the CAD/JPY pair with this free Forex signal.

XAU/USD continues to grind lower during the Asian session today. Yesterday the markets turned their attention back to the U.S. data after Eurozone finance ministers and the International Monetary Fund (IMF) reached a deal and paved the way for Greece to receive €44 billion.

The EUR/USD pair fell during the session on Tuesday, engulfing the previous session that had formed a hammer. In other words, significant support had been broken down, and I do believe that this pair is going to roll over at this point.

The CAD/CHF is a pair that many of you will have rarely paid attention to. However, in a "risk on, risk off" type of environment like we find ourselves then, this pair makes a lot of sense to trade.

The EUR/JPY pair fell during the session on Tuesday, after initially gaining quite a bit. The resulting candle formed a shooting star, and this of course is a very bearish sign. This suggests that the Japanese yen will continue to strengthen, and as such I think we will enter a "risk off" type of environment.

The Loonie (USD/CAD) appears to be respecting a bullish channel that has formed since the pair hit an almost 2 year low on September 14 of this year at 0.9632.

Follow up on the CAD/CHF pair with this Forex signal using the Elliot Waves method. Learn the recommendation here.

According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform.

USD/CHF hit an expanded triangle below the resistance level. Get the full view on this pair here.

Check out this EUR/USD Signal as a potential trade today brought to you by Fadi at Dailyforex.com.

Keep the CAD/CHF pair in your watch list today with this Forex signal trade opportunity and stay tuned for where this pair is headed.

The EUR/USD pair had a relatively quiet session on Monday, as traders came back to more liquid markets after the US Thanksgiving holiday the previous week. The market fell somewhat, but found enough support at the 1.2950 level that it now looks like the Euro is very comfortable 1.30 on the whole.

XAU/USD (gold vs. the American dollar) looks like it is getting tight again, and as such it will be difficult to trade in the near term.

The USD/CAD pair initially rose during the session on Monday as traders came back from the extended weekend. However, we failed to hang onto gains over the course of the session, and as such formed a shooting star.

The AUD/USD pair initially fell on Monday, but did bounce in order to form a hammer at the top of a very significant move from Friday. Look in this pair, it is becoming very obvious that there is quite a bit of bullish pressure underneath, and as such I am much more comfortable buying now than I would have been just a few short days ago.