Forex Daily Forecast, Analysis and Prediction

Gold prices dipped to a seven-week low on Wednesday as growing expectations of a Fed interest rate hike this year continued to weigh on the market.

The GBP/CHF pair rallied significantly during the course of the session on Tuesday, showing real strength as we ended up forming a very large green candle.

Get the NZD/USD Forex signal for May 25, 2016 here.

Get the AUD/USD Forex signal for May 25, 2016 here.

Get the USD/JPY Forex signal for May 25, 2016 here.

The EUR/USD pair fell significantly during the course of the day on Tuesday, breaking below the 1.12 handle. The GBP/USD pair rallied during the course of the day on Tuesday, breaking above the top of the shooting star from the Monday session.

The WTI Crude Oil market initially fell on Tuesday but found the area below the $48 level to be supportive enough to turn things around. Natural gas markets initially tried to rally during the day on Tuesday but ended up falling significantly.

The S&P 500 rally during the course of the day on Tuesday, breaking above the vital 2060 handle. The NASDAQ 100 broke higher during the course of the session on Tuesday, clearing the 4400 level.

The USD/JPY pair initially tried to fall during the course of the day on Tuesday, but turned around to crash into the vital 110 level.

Get the USD/CAD Forex signal for May 25, 2016 here.

Get the USD/CHF Forex signal for May 25, 2016 here.

Get the daily GBP/USD Forex signal for May 25, 2016 here.

Get the EUR/USD Forex signal for May 25, 2016 here.

Gold prices fell 1.77% on Tuesday, extending their losses to a fifth straight session, as interest rates talk and a friendly risk environment provided better investment opportunities elsewhere.

Get the NZD/USD Forex signal for May 24, 2016 here.