Forex Daily Forecast, Analysis and Prediction

Get the EUR/USD Forex Signal for March 17, 2016.

Gold rallied nearly 2.5% on Wednesday as the dollar plunged after the U.S. Federal Reserve opted to leave interest rates unchanged and cut its expectations for rate rises this year.

The USD/JPY pair fell during the course of the day on Tuesday, but found enough support below at the 112.50 level to turn things back around and form a bit of a hammer. The AUD/USD pair broke down during the course of the day on Tuesday, as we sliced through the 0.75 level.

The EUR/USD pair initially fell during the day on Tuesday, testing the 1.1050 level below for support. The GBP/USD pair fell during the course of the day on Tuesday, as it looks like we are ready to head down to the 1.40 level below.

The WTI Crude Oil market fell during the course of the session on Tuesday, testing the $36 level. The natural gas markets initially tried to rally during the course of the session on Tuesday, testing the $1.90 level for resistance.

The S&P 500 fell during the course of the session on Tuesday, testing the 2000 region and finding plenty of support. The NASDAQ 100 initially fell during the day on Tuesday, but turned back around to form a nice-looking supportive candle in the form of a hammer.

Get the NZD/USD Forex Signal for March 16, 2016.

Get the AUD/USD Forex Signal for March 16, 2016.

Get the USD/JPY Forex Signal for March 16, 2016.

Get the USD/CAD Forex Signal for March 16, 2016.

Get the USD/CHF Forex Signal for March 16, 2016.

Get the GBP/USD Forex Signal for March 16, 2016.

Get the EUR/USD Forex Signal for March 16, 2016.

Gold prices fell for a third straight session on Tuesday and settled at $1232.36 an ounce as investors continued to trim bullish bets ahead of the Fed's announcement.

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