Forex Daily Forecast, Analysis and Prediction

The GBP/USD pair went back and forth during the day on Tuesday, ultimately forming a shooting star.

The USD/JPY pair went back and forth during the course of the day on Tuesday, as we continue to hang above the 123.50 region. However, I believe that we are about to roll over, as we recently have broken out above the vital 122 handle.

The EUR/USD pair went back and forth during the course of the day on Monday, as we continue to show volatility. However, you have to keep in mind that we have recently just broken down below a significant uptrend line, and that of course is a very negative sign.

Get the NZD/USD Forex signal for November 10, 2015 here.

Get the Forex signal for the AUD/USD pair for November 10, 2015 here.

Get the USD/JPY Forex signal for November 10, 2015 here.

Get the USD/CAD Forex signal for November 10, 2015 here.

Get the Forex signal for the USD/CHF pair for November 10, 2015 here.

Get the GBP/USD Forex signal for November 10, 2015 here.

Check out the EUR/USD Forex signal for November 10, 2015 here.

The GBP/USD pair rose during the course of the day on Monday, but still remains a bit soft in my opinion as the 1.52 level should continue to be very resistive. After all, that area was previously supportive, so it should now offer equal and opposite pressure.

The USD/JPY pair fell slightly during the session on Monday after initially gapping higher. Ultimately though, this is a market that has more than enough support below to continue to drive it higher.

The AUD/USD pair went back and forth during the course of the session on Monday, as we continue to show quite a bit of volatility in a market that will certainly be one worth watching.

The EUR/CHF pair initially fell during the course of the session on Monday, but turned back around to form a little bit of a hammer.

Gold edged up on Monday, marking the first rise in nine trading sessions, as the market took a breather after tumbling to a three-month low on Friday.