Forex Daily Forecast, Analysis and Prediction

The CHF/JPY pair fell during the majority of the session on Wednesday, but bounced enough to form a hammer as the 115 level continues to offer a reactionary level to the market.

Check out the GBP/USD signal here.

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

According to the analyses of the EUR/USD and EUR/GBP, trader profited on a binary options trading platform. See how here

Gold gave up some of its recent gains against the American dollar during yesterday's session as investors took a cautious stance and took some profit off the table prior to the release of the Federal Open Market Committee meeting minutes.

The WTI Crude Oil markets rose during the session on Tuesday, and in fact even managed to break out rather successfully. I have been looking at the $101.50 level as the resistance it needs to be overcome, and now I believe that the market is going to chew into the previous consolidation area from the month of October.

The EUR/USD pair continued its bullish attitude during the session on Tuesday, breaking well above the 1.37 level. This is an area that has been resistive lately, but I feel that there is quite a bit more resistance above anyway.

The EUR/GBP pair is one that I don’t want to trade very often. This is simply because it tends to chop around a lot, as one would expect considering that the two economies are so heavily intertwined.

The AUD/USD pair had an interesting session on Tuesday, as it went back and forth, but ultimately settled slightly negative in order to form a shooting star. What I find most interesting about this is the fact that the shooting star sits right on top of the 0.90 handle.

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

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

According to the analyses of the CHF/JPY and EUR/JPY, trader profited on a binary options trading platform. See how here

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

The XAU/USD pair (Gold vs. the American dollar) scored a gain of 0.76% yesterday as safe-haven demand continued to lure some investors back into the market.

The WTI Crude Oil markets found strength during the session on Monday, but it should be noted that the session would have been weighted towards the Asian and European time frames, as the Americans celebrated President’s Day, therefore limiting the liquidity during part of the session.