Forex Daily Forecast, Analysis and Prediction

Gold prices fell $10.90 on Tuesday, ending a six-day streak of gains, as a firm dollar and the market’s inability to penetrate the $1342 level prompted investors to book profits from a recent rally to a two-week high.

Get the NZD/USD Forex signal for September 27, 2016 here.

Get the AUD/USD Forex signal for September 27, 2016 here.

Get the USD/JPY Forex signal for September 27, 2016 here.

Get the USD/CAD Forex signal for September 27, 2016 here.

Get the USD/CHF Forex signal for September 27, 2016 here.

Get the GBP/USD Forex signal for September 27, 2016 here.

Get the EUR/USD Forex signal for September 27, 2016 here.

The GBP/JPY pair fell significantly during the day, as we did go below the 130 handle. However, we bounced back above there during the day, showing that the 130 level is going to continue to be very supportive.

The EUR/USD pair had a fairly volatile day on Monday, as we continue to see quite a bit of choppiness. The GBP/USD pair initially fell during the course of the session on Monday, but turned around to form a bit of a hammer.

The S&P 500 had a tough session on Monday, dropping down below the 2150 level. The NASDAQ 100 initially fell during the day but you can see that the 4800 level below is massively supportive, so given enough time there should be buyers that reenter this market and push higher.

The US dollar fell against the Japanese yen during the course of the day on Monday, as we continue to grind our way towards the 100 level below. The Australian dollar rally during the course of the session on Monday, reaching above the 0.76 level.

The WTI Crude Oil market had a very volatile session during the course of the day on Monday, but ended up showing a fairly positive candle. The natural gas markets rose during the course of the session on Monday, testing the $3 level.

Get the NZD/USD Forex signal for September 26, 2016 here.

Get the AUD/USD Forex signal for September 26, 2016 here.