Forex Daily Forecast, Analysis and Prediction

The Australian Dollar is looking weaker against the American Greenback again as the pair kissed the 61.8% retracement level at 1.0207 last week and printed a strong Bearish candle the next day.

See where the USD/CAD pair went after last week's signal and where it is headed. This pair is trending down. Get the signal here.

Begin the trading week with this Forex signal for the NZD/USD. See where it is trending and find your target now!

Yesterday the GBP/USD reached the 50% retracement level of the Bearish move that began on April 30th at 1.63007 and ended after establishing a higher 6 month low at 1.52675.

Before you end your trades as the weekend approaches, see what our expert trader recommends for the AUD/CAD pair with this free Forex signal.

The cable had a rough go at it on Thursday as the risk appetite of traders around the world soured. The concerns of global slowdown seemed to be validated as the Chinese, Americans, and Germans all posted bad economic numbers during the session.

EUR/JPY has been in a massively bearish trend for some time now. However, over the last month or so, we have seen a bit of a rally. The real question when something like this happens is whether or not it is a rally, or merely a pullback.

The EUR/USD pair got absolutely whacked during the Thursday session as the risk appetite fell off of a cliff during the trading session. The pair has been a very consistent one – simply sell when everyone starts buying again.

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

Check out this free Forex AUD/NZD Signal, get your target and profit out of this.

The Kiwi (NZD/USD) continues is march higher after Statistics New Zealand released its quarterly GDP number showing growth of 1.1%, much better than the forecast 0.5%.

The USD/JPY pair has been one that has been a bit of a battlefield between two central banks that are racing towards the bottom when it comes to the value of their own currencies. The Bank of Japan has been actively working against the Yen, and the most recent move was an expansion of the asset purchase program by a whopping ten trillion Yen.

NZD/USD is one of my favorite pairs to trade. It is a great expression of global risk appetite, and as a result it is quite often a “binary” set up when it comes to trading it. Simply put, if everyone is comfortable with taking a bit of risk, this pair rises over time.

EUR/USD had a wild session as the Federal Reserve had a news conference after spending two days in a meeting to decide monetary policy. The Fed decided that it would continue “Operation Twist”, and as result bought itself some time in the current crisis.

While you are waiting for today's big announcement from the Federal Reserve, see where the EUR/USD is headed with this Forex signal.