Forex Daily Forecast, Analysis and Prediction

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.

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

Into the end of last year, the Euro was one of the market’s best performing currencies. There were a few different reasons for this but whether or not this strength is ultimately sustainable is an entirely different story.

Gold gave up some of its recent gains against the American dollar during yesterday's session on signs of stabilization in the risk environment.

The WTI Crude Oil markets rose significantly during the session on Tuesday, climbing back above the $97 level again. This candle simply retraced all of the losses that we found on Monday, ultimately keep in the market going sideways.

The EUR USD pair fell initially during the session on Tuesday, but did find enough support just below the 1.35 level in order to bounce and form a relatively nice-looking candle.

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.

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

The XAU/USD pair (Gold vs. the American dollar) scored a gain of 1.17% on Monday as the American dollar lost strength after the manufacturing activity data out of the world largest economy disappointed the market.

The WTI Crude Oil markets tried to rally during the session on Monday, but didn’t hang onto the gains as selling pressure intensified.

The EUR/USD pair rose during the session on Monday, proving the 1.35 level to be a supportive as I had anticipated. Whether or not we can go far from here is probably a completely different question, especially considering that the jobs numbers out of America are due on Friday.