Forex Daily Forecast, Analysis and Prediction

The USD/JPY pair fell hard during the session on Thursday as the “risk off” attitude permeated the markets.

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The XAU/USD pair scored its highest settlement in six months as heightened risk aversion, weaker American dollar and strong physical demand in Asia combined to lift prices above $1366 an ounce.

Check out the Forex signal for the USD/JPY pair here.

Check out the Forex signal for the GBP/USD pair here,

Check out the Forex signal for the EUR/USD pair here.

The XAU/USD pair (Gold vs. the American dollar) had a positive day as growing concerns over the Russian occupation of Crimea continued to attract buyers.

Check out the Forex signal for the USD/JPY pair here.

Check out the Forex signal for the GBP/USD pair here.

Check out the Forex signal for the EUR/USD pair here.

The WTI Crude Oil markets fell during the session on Tuesday, slicing through the $100 level. However, we’re not completely through the support yet, so I am not comfortable shorting.

The EUR/USD pair fell during the session on Tuesday, but found enough support below in order to turn things back around and form a little bit of a hammer.

The GBP/USD pair fell during the bulk of the session on Tuesday, but as you can see found enough support just below the 1.66 level to turn things back around and form a candle looks somewhat like a hammer.

The NZD/USD pair had a positive session initially during the day on Tuesday, but as you can see failed at the 0.85 level again. However, there is also a hammer from the Monday session, which tells me that the market is probably trying to catch its breath here before making a serious attempt to break out to the upside.

The USD/CAD pair initially fell during the session on Tuesday, but found enough support below the 1.11 level to turn things back around and form a hammer.