Forex Daily Forecast, Analysis and Prediction

The USD/JPY pair tried to rally during the course of the session on Tuesday, but struggled at the 118 handle. The AUD/USD pair rallied during the course of the session on Tuesday, but struggled at roughly 0.6950 or so during the closing hours of the US session.

The EUR/USD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a fairly positive candle. The GBP/USD pair had an extremely volatile session during the day on Tuesday.

The S&P 500 initially tried to rally during the day on Tuesday but sold off and ended up forming a significant shooting star. The NASDAQ 100 tried to rally during the course of the day on Tuesday, but found more than enough resistance just above the 4200 level to turn things around and form a shooting star.

The WTI Crude Oil market initially tried to rally during the day on Tuesday, reaching as high as $31.50 during the day. The natural gas markets initially tried to rally as well, but struggled at the $2.15 level, and turned back around to form a shooting star.

Get the USD/CAD Forex Signal for January 20, 2016.

Get the USD/CHF Forex Signal for January 20, 2016.

Get the GBP/USD Forex Signal for January 20, 2016.

Get the EUR/USD Forex Signal for January 20, 2016.

Gold prices settled slightly lower on Tuesday after shuffling between gains and losses but remained within the trading range of the past 5 days.

Get the NZD/USD Forex Signal for January 19, 2016.

Get the AUD/USD Forex Signal for January 19, 2016.

Get the USD/JPY Forex Signal for January 19, 2016.

Get the USD/CAD Forex Signal for January 19, 2016.

Get the USD/CHF Forex Signal for January 19, 2016.

Get the GBP/USD Forex Signal for January 19, 2016.