Forex Daily Forecast, Analysis and Prediction

Get the NZD/USD Forex signal for November 10, 2016 here.

Get the AUD/USD Forex signal for November 10, 2016 here.

Get the USD/JPY Forex signal for November 10, 2016 here.

Get the USD/CAD Forex signal for November 10, 2016 here.

Get the USD/CHF Forex signal for November 10, 2016 here.

Get the GBP/USD Forex signal for November 10, 2016 here.

Get the EUR/USD Forex signal for November 10, 2016 here.

The Euro initially rallied during the day on Wednesday, reaching all the way to the 1.13 level above. The British pound initially tried to rally during the day on Wednesday, but found the area above the 1.25 level to be massively resistive, so we ended up falling to form a shooting star.

The WTI Crude Oil market initially fell during the day on Wednesday, but found the $43 level below to be far too supportive to continue to fall from here. The natural gas markets fell initially during the day but turned around to form a relatively positive candle.

The USD/JPY pair initially fell during the course of the session on Wednesday as the word got out that the presidential election was over, and Donald Trump won. The Australian dollar initially tried to break out during the day on Wednesday, but the 0.7750 level offered far too much in the way of resistance and because of this it looks like a very negative sign

The S&P 500 fell initially during the day on Wednesday, reaching all the way down to the 2030 handle. The NASDAQ 100 fell during the session on Wednesday, for the exact same reason: Donald Trump being elected.

Although safe-haven bids pushed up gold prices to their highest level since September 27, the market erased gains as global stock markets recovered and investors digested Donald Trump's surprise victory, leaving a tall upper shadow on the daily candle.

Get the NZD/USD Forex Signal for November 9, 2016 here.

Get the AUD/USD Forex Signal for November 9, 2016 here.

Get the USD/JPY Forex Signal for November 9, 2016 here.