Forex Daily Forecast, Analysis and Prediction

If you are curious about the major pairs and what may be in store for them this coming week, check out this Forex forecast and learn how last week's activities will impact your trading these next few days.

Begin your week with a Forex signal for the EUR/NZD pair that is currently heading upwards. Make your moves now.

The WTI Crude market had a good showing on Friday as the bullishness in this market continued. The market rose during the session, mainly pushed along by weakness in the US dollar. As the market is priced in US dollars, it makes sense that we see more of them needed to buy this commodity.

The XAU/USD pair closed the session slightly higher than opening but remained within the last 3 days trading range. Gold prices gained some ground against the greenback after a series of weaker than expected economic data out of the United States increased investors' appetite for the shiny metal.

The EUR/USD pair had a positive session on Friday, as the 1.30 level continued to offer support. The market has been attracted to this level more than once, and the idea that this market could continue to consolidate around this area is no real stretch of imagination.

The GBP/USD pair rose during the majority of the session on Friday, only to turn back around and fall in the US afternoon session. This move was rather quick, and as a result, the markets formed a shooting star.

The EUR/JPY pair had an interesting week over the last several sessions, and Friday wasn’t any different. The 125 level acted as resistance as one would expect, but gave the buyers enough trouble to form the shooting star for the day that you see.

The AUD/CHF has printed a Weekly Pin Bar Reversal. The Pin Bar Reversal, for those that don't know already is an excellent trading tool when it forms at a key Support or Resistance Level as is the case with this weeks's AUD/CHF.

Check out this EUR/USD Forex forecast for the second quarter here as it is fast approaching. The experts at DailyForex.com have all the information you need to be prepared.

The second quarter of 2013 is approaching and the experts at DailyForex.com have all the information you need to be prepared. Check out this Forex forecast for the USD/CHF pair here and stay ahead of the game.

End your week with a Forex signal for the EUR/JPY pair from Fadi. The recommendation is to buy, see why here.

The WTI Crude market had a positive showing on Thursday, as we continue to grind up against the $93.00 level. In fact, we may so close above that for the first time in a couple of weeks, and this of course is a bullish turn of events.

The XAU/USD pair closed the day higher than opening as the Obama administration's opposition to Republicans' plan to balance the U.S. budget in the long term renewed fears that the lawmakers will continue play their political games and wait until the last minute.

The EUR/USD pair fell during the early part of the session on Thursday, but as you can see by the charts bounced enough in order to form a bit of a hammer. However, there is just as many reasons to be negative of this pair as there are positive, and as a result it very difficult to take a longer-term stance at this moment.

The EUR/JPY pair had a positive showing on Thursday, challenging the 125 handle as resistance. As you can see by the daily chart, the 125 handle did in fact told as resistance, but it seems more like a market that is simply bouncing around the handle, rather than failing at it.