Forex Daily Forecast, Analysis and Prediction

I do see this is a market that is very negative at the moment, and any chance that the Federal Reserve is going to taper off of quantitative easing will absolutely crush this pair.

This shooting star of course is a negative sign, but I'm not necessarily looking for any type of meltdown anytime soon.

The NZD/CHF pair is one that I talk about often, but what I do love about this pair is that it shows the risk tolerance of traders in general.

GBP/USD hit its highest point since June - see what opportunities this presents with a free Forex signal from Andrew Keene.

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The signs are bullish, but the strong resistance overhead is going to take more momentum to be broken.

After three consecutive days of gains, gold prices rose to its highest levels since June 19.

Last week's candle was bullish, closing close to its high, following the previous week's bullish reversal candle.

The bearish run on the AUD that has been ongoing since around March has resulted in an uptrend on other pairs, such as the EUR/AUD.

At this time of year, it's going to be difficult to breakout simply because the real money isn't in the market right now.

Unfortunately, certainty won't come into the marketplace until September.

The NZD/USD pair had another positive showing on Friday, breaking above the 0.81 handle money and the day.

Somewhere between the 0.8450 level, and the 0.85 level, I believe that there is a significant amount of support that will let this market back up.

This EUR/GBP signal comes from Alp Kocak, our senior trader. Get this free Forex signal here.

Check out the forecast for the week on some of the major Forex pairs here.