Forex Daily Forecast, Analysis and Prediction

The USD/JPY pair went back and forth during the course of the session on Monday. The Australian dollar had a very positive day after initially falling on Monday, and even broke above the 0.7675 level at one point.

The S&P 500 rallied during the course of the session on Monday, as we continue to see buyers step into this marketplace. The NASDAQ 100 broke out to the upside during the course of the day on Monday, as we are clear of the 4800 level.

The WTI Crude Oil market rose during the course of the day on Monday again, as we are starting to grind our way towards the $46 level. The natural gas markets initially tried to rally during the course of the day on Monday, but turned right back around to form a bit of a shooting star.

The GBP/CHF pair initially tried to rally during the course of the session on Monday, but turned right back around to slam into the 1.25 handle.

Gold prices ended slightly higher Monday as a retreat in the dollar took some pressure off the precious metal.

Get the WTI Crude Oil and Natural Gas Forecast for August 15, 2016.

It is impossible not to be bullish of a stock market when it is making all-time highs.

The precious metal ended the week virtually flat, settling at $1337.19 an ounce, as the impressive run in major equity markets around the globe eroded demand for the precious metal.

Get the NZD/USD Forex Signal for August 15, 2016 here.

Get the AUD/USD Forex Signal for August 15, 2016 here.

Get the USD/JPY Forex Signal for August 15, 2016 here.

Get the USD/CAD Forex Signal for August 15, 2016 here.

Get the USD/CHF Forex Signal for August 15, 2016 here.

Get the GBP/USD Forex Signal for August 15, 2016 here.

Get the EUR/USD Forex Signal for August 15, 2016 here.