Forex Daily Forecast, Analysis and Prediction

The USD/CAD pair did very little during the Tuesday session, as the markets continue to digest all of the news surrounding the oil markets.

The EUR/USD pair fell hard during the session on Tuesday as the problems in Europe appear to be on the minds of traders again. This pair has essentially been relegated to a matter of which area is looking worse at the moment.

Is gold still a safe haven? This in-depth analysis will give you a look at what was once an obvious safe haven. Only at DailyForex.

Check out this CHF/JPY signal based on Elliott Waves and Fibonacci principles and find your position now!

The EUR/JPY daily chart has printed a double top with a lower high than September and a very bearish candle at the end of the day yesterday. The full analysis is here.

One DailyForex expert trader is neutral on EUR/USD right now - find out why here.

GBP/USD had a surprising fall in yesterday's trading session - but what does this mean for today's trading?

USD/CAD seems to be settling into a downward spiral - see why our expert trader recommends selling.

Start your week with the Forex forecast of the major pairs, make your moves carefully, and good luck!

EUR/USD: One more wave is expected to take off as of wave v reaching around 1.3100 theoretically.  However, lets wait for Eurozone Finance Minster summit for Greece funding and Spain bailout cues before we plan our next move.

Gold (XAU/USD) spent another week above 1750.00 but has basically traded sideways since breaking above 1750 on September 13.

The EUR/USD pair had an interesting session on Friday as the nonfarm payroll numbers came out. As you can see on the chart, there is an uptrend line that this market has been following.

EUR/JPY rose during the session on Friday as the Euro continues to gain against most currencies. This pair is particularly interesting to me as the Bank of Japan is actively working against the value of the Yen in various ways.

The NZD/USD pair fell on Friday after initially surging higher. This was in reaction to a sudden "risk off" attitude of currency markets.

The GBP/USD pair rose during the session on Thursday as the British pound continues its showing of strength against the US dollar.