Forex Daily Forecast, Analysis and Prediction

The Forex market was quiet during the Thursday session, and the USD/JPY pair wasn’t any different. The Australian dollar of course fell during the session on Thursday, after initially trying to rally.

The S&P 500 fell a bit during the day on Thursday, approaching the 2250 region. The NASDAQ 100 fell also, dropping down to the 4900 level.

Get the NZD/USD Forex Signal for December 22, 2016 here.

Get the AUD/USD Forex Signal for December 22, 2016 here.

Get the USD/JPY Forex Signal for December 21, 2016 here.

Get the USD/CAD Forex Signal for December 22, 2016 here.

Get the USD/CHF Forex Signal for December 22, 2016 here.

Get the GBP/USD Forex Signal for December 22, 2016 here.

Get the EUR/USD Forex Signal for December 22, 2016 here.

The S&P 500 fell slightly on Wednesday as the market continues to grind back and forth during the holiday season. The NASDAQ 100 fell slightly on Wednesday, but found enough support to turn things back around and form a hammer.

The WTI Crude Oil markets fell on Wednesday, as we continue to see quite a bit of volatility in the oil market. On the other hand, natural gas markets exploded to the upside during the Wednesday session, breaking above the $3.50 level.

The USD/JPY pair initially fell on Wednesday as we continue to see volatility in the USD/JPY pair overall. The Australian dollar initially rallied on Wednesday, but fell and reached down to the 0.7250 level.

The Euro rallied on Wednesday, as we continue to see quite a bit of volatility in the Forex markets overall. The GBP/USD pair had a volatile session on Wednesday as we bounced around below the bottom of the uptrend line that had been supporting the market.

Get the NZD/USD Forex Signal for December 21, 2016 here.

Get the AUD/USD Forex Signal for December 21, 2016 here.