Forex Daily Forecast, Analysis and Prediction

The USD/JPY pair fell initially during the day on Wednesday, as the 105 level of course continues offer quite a bit of resistance. The AUD/USD pair broke higher during the course of the session on Wednesday, and of course cleared the top of the shooting star from Tuesday.

Get the USD/CAD Forex signal for June 23, 2016 here.

Get the USD/CHF Forex signal for June 23, 2016 here.

Get the GBP/USD Forex signal for June 23, 2016 here.

Get the EUR/USD Forex signal for June 23, 2016 here.

Get the AUD/USD Forex signal for June 22, 2016 here.

Get the NZD/USD Forex signal for June 22, 2016 here.

The WTI Crude Oil market initially fell during the day on Tuesday but found enough support just above the $40 level to turn things around and form a hammer. Natural gas markets went back and forth during the day but eventually ended up forming a fairly positive candle.

The S&P 500 initially tried to rally during the day on Tuesday, but as you can see failed at the moving average line in the middle, and as a result it looks like the market continues to simply go sideways and perhaps have a slightly negative connotation to it.

The EUR/USD pair initially tried to rally during the course of the session here on Tuesday, but as you can see we fell rather significantly to not only fill the gap, but break down below it. The British pound initially tried to rally during the course of the day on Tuesday, reaching towards the 1.48 level.

The USD/JPY pair rallied during the course of the day on Tuesday, grinding all the way to the 105 level. The Australian dollar of course tried to rally during the course of the day on Tuesday, but struggled at the 0.75 level and turned right back around to form a shooting star.

Get the USD/JPY Forex signal for June 22, 2016 here.

Get the USD/CAD Forex signal for June 22, 2016 here.

Get the USD/CHF Forex signal for June 22, 2016 here.

Get the GBP/USD Forex signal for June 22, 2016 here.