Forex Daily Forecast, Analysis and Prediction

Gold prices rose $20.63 on Wednesday to settle at their highest level since September 9 after the Bank of Japan decided to scrap its focus on monetary base and set targets for long-term rates and the Federal Reserve left monetary policy unchanged.

Get the NZD/USD Forex signal for September 21, 2016 here.

Get the AUD/USD Forex signal for September 21, 2016 here.

Get the USD/JPY Forex signal for September 21, 2016 here.

Get the USD/CAD Forex signal for September 21, 2016 here.

Get the USD/CHF Forex signal for September 21, 2016 here.

Get the GBP/USD Forex signal for September 21, 2016 here.

Get the EUR/USD Forex signal for September 21, 2016 here.

Copper markets got a bit of a jolt to the upside during the day on Tuesday, as we broke above the top of the hammer that formed on Monday.

The EUR/USD pair initially tried to rally on Tuesday, but found enough resistance above to turn things back around. The GBP/USD pair fell on Tuesday, as the US Dollar strengthened a little bit overall.

The WTI Crude Oil market initially fell on Tuesday, but found the $43 level to be supportive enough to turn things around. The natural gas markets rallied during the session on Tuesday, breaking well above the $3 level.

The S&P 500 initially tried to rally during the course of the day on Tuesday, but Turn right back around at the 2150 handle. The NASDAQ 100 and rally during the course of the session on Tuesday, as we continue to try to break out to the upside.

The USD/JPY pair fell slightly during the session on Tuesday, but found a bit of support in a very quiet market. The AUD/USD pair rose slightly during the session on Tuesday, and as a result I think that the markets will continue to find buyers, but at the end of the day I believe that volatility will be the mainstay of this pair.

Get the NZD/USD Forex signal for September 20, 2016 here.

Get the AUD/USD Forex signal for September 20, 2016 here.