Forex Daily Forecast, Analysis and Prediction

Get the AUD/USD Forex Signal for February 1, 2016.

Get the USD/JPY Forex Signal for February 1, 2016.

Get the USD/CAD Forex Signal for February 1, 2016.

Get the USD/CHF Forex Signal for February 1, 2016.

Get the GBP/USD Forex Signal for February 1, 2016.

Get the EUR/USD Forex Signal for February 1, 2016.

The S&P 500 broke higher during the course of the session on Friday, breaking above the 1920 level. The NASDAQ 100 rose during the course of the day, using the 4150 level as a bit of a support level.

The WTI Crude Oil market gapped higher initially during the day on Friday, and then went back and forth to show quite a bit of volatility. The natural gas markets gapped higher at the open on Friday, breaking above the $2.20 level.

The USD/JPY pair rallied during the session on Friday as the Bank of Japan has indicated that negative interest rates are coming. The AUD/USD pair initially tried to rally during the session on Friday, but turned back around to form a nice-looking shooting star.

The EUR/USD pair fell rather significantly, forming a very negative looking candle. The GBP/USD pair fell significantly during the course of the day on Friday, as we continue to see quite a bit of selling pressure against the British pound.

Check out our newest trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of February 1, 2016 here.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 1, 2016.

Gold prices settled at $1117.83 an ounce on Friday, making a gain of 1.8% on the week and 5.2% over the month.

Gold declined for the first time in four sessions as investors took profits from a recent rally to twelve-week highs.

Get the NZD/USD Forex Signal for January 28, 2016.