Forex Daily Forecast, Analysis and Prediction

Get the USD/CHF Forex signal for June 28, 2016 here.

Get the GBP/USD Forex signal for June 28, 2016 here.

Get the EUR/USD Forex signal for June 28, 2016 here.

The EUR/USD pair gapped lower at the open on Monday, and then slammed into the 1.10 level. The GBP/USD pair gapped lower at the open on Monday and then continued to fall.

The WTI Crude Oil market did try to rally during the course of the day on Monday, but found the $48 level be far too resistive. The natural gas markets rose during the course of the day after initially gapping lower on Monday, using the very top of the range showing real strength.

The S&P 500 initially gapped lower during the open on Monday, turned back around to fill that gap, and then fell below the 2000 level rather rapidly. The NASDAQ 100 and gapped lower at the open on Monday as well, and even showed much more weakness than the S&P 500 did.

The USD/JPY pair did very little during the day on Monday, which might be surprising for some out there, but the reality is that we are at such low levels that one has to wonder whether or not the Bank of Japan is going to get involved.

Gold prices rose on Monday but the precious metal's gains were limited by signs of stabilization in riskier markets and the strength in the dollar.

Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of June 27, 2016 here.

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

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

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

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

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

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