Forex Daily Forecast, Analysis and Prediction

The USD/JPY pair fell during the session on Thursday, breaking below the 115-support barrier. The Australian dollar rallied on Thursday, crashing into the 0.75 resistance barrier.

Gold prices ended Thursday's session up $4.48, extending gains to a fourth straight session, as the dollar continued to slide.

Get the NZD/USD Forex signal for January 12, 2017 here.

Get the AUD/USD Forex signal for January 12, 2017 here.

Get the USD/JPY Forex signal for January 12, 2017 here.

Get the USD/CAD Forex signal for January 12, 2017 here.

Check out the USD/CHF Forex signal for January 12, 2017 here.

Get the GBP/USD Forex signal for January 12, 2017 here.

Check out the EUR/USD Forex signal for January 12, 2017 here.

The Euro initially fell below the 1.05 level during the day on Wednesday, but during the press conference from Donald Trump, the market turned around and formed a rather bullish candle. British pound fell initially during the day as well, but then turned around to form a massive hammer.

The US dollar initially tried to rally on Wednesday, but turned around and broke down through the 115 handle. The Australian dollar showed a certain amount of stubbornness during the day on Wednesday, as we broke down to the upside and screamed towards the 0.75 handle.

The S&P 500 had a volatile session on Wednesday, chomping around all day. The NASDAQ 100 went back and forth on Wednesday as well, as we continue to see volatility.

The WTI Crude Oil market bounced significantly during the Wednesday session, which was a bit ironic considering that the oil markets produced a very bearish inventory number coming out of the United States.

Check out the NZD/USD Forex signal for January 11, 2017 here.

Get the AUD/USD Forex signal for January 11, 2017 here.