Forex Daily Forecast, Analysis and Prediction

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

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

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

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

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

The EUR/USD pair initially broke higher during the course of the session on Monday, but gave back quite a bit of the gains in order to form a likely shooting star. The British pound initially tried to rally during the course of the day on Monday, but gave up gains just as the Euro did.

The US dollar fell during the course of the session on Monday, testing the 101.50 level. The AUD/USD pair broke higher during the course of the session on Monday, testing the 0.7550 level for resistance.

The S&P 500 went back and forth during the day on Monday, as we formed a very neutral looking candle. I believe that the NASDAQ 100 has been running into a significant amount of resistance lately, and the candle that form during the day on Monday seems to acknowledge this.

The WTI Crude Oil market had a very choppy day during the Monday session, forming a fairly neutral candle. The natural gas markets initially fell during the day on Monday, but did turn right back around to form a bit of a hammer.

The world’s major markets were mixed last week with only the American stock markets closing up on the previous mark.

Get the NZD/USD Forex signal for September 19, 2016 here.

Get the AUD/USD Forex signal for September 19, 2016 here.

Get the USD/JPY Forex signal for September 19 2016 here.

Get the USD/CAD Forex signal for September 19, 2016 here.

Get the USD/CHF Forex signal for September 19, 2016 here.