Forex Daily Forecast, Analysis and Prediction

Get the AUD/USD Forex signal for August 2, 2016 here.

Get the USD/JPY Forex signal for August 2, 2016 here.

Get the USD/CAD Forex signal for August 2, 2016 here.

Get the USD/CHF Forex signal for August 2, 2016 here.

Get the GBP/USD Forex signal for August 2, 2016 here.

Get the EUR/USD Forex signal for August 2, 2016 here.

Silver markets initially tried to rally during the course of the day on Monday, but the $20.50 level offered a bit too much resistance, forcing the market to turn things back around.

The Euro had a slightly negative session during the day on Monday, as the 1.12 level above continues to offer quite a bit of resistance. The GBP/USD pair initially tried to rally during the course of the session on Monday, but then fell enough to form a shooting star.

The WTI Crude Oil market initially tried to rally during the day on Monday but then turn right back around to slam into the $40 handle. Natural gas markets initially tried to rally during the day on Monday, but turned right back around to slam into the $2.75 region.

The USD/JPY pair did almost nothing to move the market during the day on Monday. With this, I believe that the market will continue to be very choppy, and perhaps trying to reach down to the 100 level will be what the market does.

The S&P 500 went back and forth during the course of the session, as we are going to continue to see quite a bit of back and forth type of trading. The NASDAQ 100 rose during the course of the session on Monday, but initially found a bit of negative pressure.

Get the NZD/USD Forex signal for August 1, 2016 here.

Get the AUD/USD Forex signal for August 1, 2016 here.

Get the USD/JPY Forex signal for August 1, 2016 here.

Get the USD/CAD Forex signal for August 1, 2016 here.