Forex Daily Forecast, Analysis and Prediction

This Forex technical analysis piece analyzes the EUR/USD pair and its heavy forecasts favoring the USD.

This Forex technical analysis piece analyzes the GBP/USD and EUR/USD major Forex pairs.

This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs.

This Forex technical analysis piece analyzes the EUR/USD pair.

Resistance level at 92.82 and support level at 92.36 forms a narrow trading range, candles are locked up in this range for a while. While support and resistance barriers holds, further bouncing is expected.

USDCAD bears overcome bulls position and are succesfully sliding further downside towards support barrier at 1.0205. Below this level, bears can extend their prior movement and reach new lows in a long a run. In order for bears to continue sliding downside, bullish trend line needs to be broken.

Each technical indicator being below it's centerline has a chance to enjoy enforcing it's desire in continuing the upward retracement that began late last week.  The lack of heavily weighted news being released today will allow this.

Price action showed comfort at 1.3350 level for the EUR/USD pair yesterday. Bollinger Bands, Full Stochastics, StochRSI and RSI are all screaming for a lift from the depths.

This Forex technical analysis piece analyzes the EUR/USD and NZD/USD major Forex pairs.

This Forex technical analysis piece presents the use in Fibonacci analysis on the GBP/USD pair.

The unemployment numbers will define the day for the EUR/USD.

Japanese CPI figures published this morning continued to point on subdued customer demand.

This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs.

This Forex technical analysis piece analyzes the EUR/USD and GBP/USD major Forex pairs.

NZD/USD narrow trading range between support and resistance continues.