Forex Daily Forecast, Analysis and Prediction

GLD is the SPDR Gold Trust ETF. This ETF tracks the price of gold very well because they hold large amounts of physical gold. Get the signal here!

This pair certainly is one that has move quite a bit over the last several months, and as such taking a rest is in a huge surprise. However, this currency pair can go sideways forever and I believe that we will be seen a move fairly soon.

EUR/JPY rose during the session on Monday as the bullishness continues in this market. Find out why here.

See why one expert on the DailyForex team is buying this pair, and why you may want to as well.

The AUD/CAD daily chart printed a Bullish Engulfing candle yesterday after consolidating between 1.000 & 1.0080 for most of last week. Read more here.

According to the analysis of the NZD/USD and EUR/USD trader profited on a binary options platform.

See why one DailyForex expert recommends selling this pair (and maybe selling aggressively!).

EUR/JPY started out strong on Friday but turned around late in the day, forming a shooting star. Get the full report here.

The Kiwi dollar is probably one of the stronger commodity currencies as the RBNZ isn't looking to cut rates currently. Learn more here.

DailyForex experts help you get set up for the week with a Forex forecast of your favorite currency pairs. Check it out now!

The Greenback gained against Gold last week, or Gold weakend against the Greenback; however you look at it the pair XAU/USD dropped almost 300 pips last week and has started this week off by continuing to trade lower in Asian trading.

EUR/USD rose during the session on Thursday as we bounced off of the trend line that has been holding this market up since the early part of July. The Euro is one of my least favorite currencies, and as such I haven't been participating in this move higher.

GBP/USD rose during the session on Thursday, as we bounced off of the 1.60 handle in a show of strength. The fact that the Wednesday candle was a shooting star and we broke the top of it also suggests that we are starting to see a pickup of buyers as well.

The AUD/USD pair was bullish during the Thursday session, but like all other rallies that this pair has seen recently, the end of the day Saul profit-taking. The candle looks very much like a shooting star, and it is still well within the tolerance of what would be considered resistance from the bottom.

The EUR/AUD Daily Chart has printed a perfect Pin Bar at a fairly strong level of support. Yesterday's price action saw the pair reach down below the 61.8% retracement level for the last leg of the recent Bullish run, and closed above the 50% level at 1.2575.