Forex Daily Forecast, Analysis and Prediction

The GBP/JPY pair is trending upward. Check out this Forex signal using the Ichimoku technical analysis method and make your move now.

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

The EUR/USD pair fell during the session on Tuesday as the "risk off" trade came back into play. I currently see several markets showing extreme weakness about anything relating to risk, and it is because of this that I am not a fan of shorting the US dollar in general right now.

The AUD/USD pair had an extremely bearish session during the Tuesday trading day, and I believe that we are starting to see a serious surge in downward pressure in this currency.

The NZD/USD pair fell during the session on Tuesday as the riskier assets around the world lost value. The 0.8100 level is a support area that has held up in the past, but is currently being pressed upon by the sellers.

The day before yesterday the USD/JPY surged some 75 pips higher after opening to close just shy of 80.00 at 79.994. Then yesterday the pair peaked at 79.978 before falling to the 38.2% retracement level of the day before, closing just 11 pips above the Weekly R1 at 79.808.

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

The EUR/USD pair had a positive session on Monday, but gave back a little bit of the gains late in the day. We are currently at the top of what I think is going to be consolidation between the 1.3150 and 1.28 levels.

What does Gold have to do with the upcoming U.S. elections, and what does it mean for your trading once America has a new president? Check out this analysis on the XAU/USD pair here.

The USD/CAD currency pair fell during the Monday session as the buffer above the 0.9950 level held as resistance. The area extends all the way to the parity level as far as I can tell, and as such this will be a very significant area to over, if the buyers are to take over.

EUR/JPY had a strong day on Monday as the bulls took over in almost all “risk related assets.” Perhaps even more importantly, it cross the 104 handle, an area that I have been wanting for quite some time.

The GBP/JPY, like most of the major JPY pairs, pushed higher yesterday showing the Japanese Yen's weakness against all of the 'majors' and most of the 'minors' as well.

The ETF FXE seeks to track or reflect the price of the Euro, net of trust expenses. The strength of the Euro reflects the desire of foreign consumers and investors to hold Euros or to buy European products.

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

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