Forex Daily Forecast, Analysis and Prediction

The GBP/AUD pair broke higher during the course of the session on Tuesday, as we not only rose but managed to break the top of the shooting star from Monday.

The AUD/USD pair fell initially during the course of the session on Tuesday, testing the 0.7550 handle. We bounced enough to form a hammer though, so that suggests that we could get a little bit of a bounce and continuation going forward.

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Gold dropped for the fifth time in six sessions as concerns of an interest rate hike by the U.S. Federal Reserve some time this year continued to weigh on the market.

Get the USD/JPY Forex signal for April 14, 2015 here.

Get the GBP/USD Forex signal for April 14, 2015 here.

Get the EUR/USD Forex signal for April 14, 2015 here.

The EUR/USD pair fell during the bulk of the session on Monday, testing the 1.05 handle. This is an area that has been supportive in the past, so therefore it does not surprise me at all that we bounced.

The GBP/USD pair bounced rather hard during the session on Monday, as the 1.46 region offered enough support to turn things back around

It’s been a minute since I checked out the EUR/CAD pair for you readers, but as you can see we did in fact selloff at the 1.3750 level that got me so bearish in the first place.

The NZD/USD pair went back and forth during the course of the day on Monday, essentially settling nothing. The one thing that we did see during the day was that the 0.7450 level looks to be a bit supportive.

The USD/CHF pair rallied during the session initially on Monday, but as you can see struggled above the 0.98 handle in order to fall back down.

Get the USD/CAD Forex signal for April 13 2015 here.

Get the AUD/USD Forex signal for April 13, 2015 here.

Get the USD/JPY Forex signal for April 13, 2015 here.