Forex Daily Forecast, Analysis and Prediction

The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.52 level to be far too resistive to continue going higher.

The CAD/CHF pair initially fell during the course of the session on Tuesday, but found enough support near the 0.72 level to turn things back around and form a bit of a hammer.

Gold prices dropped for a third day and settled at $1127.18 an ounce, losing $4.77, as upbeat U.S. economic data fanned concerns about higher interest rates.

Get the NZD/USD Forex signal for September 29, 2015 here.

Get the AUD/USD Forex signal for September 29, 2015 here.

Get the USD/JPY Forex signal for the September 29, 2015 here.

Get the USD/CHF Forex Signal for September 29, 2015 here.

Get the GBP/USD Forex signal for September 29, 2015 here.

Get the EUR/USD Forex signal for September 29, 2015 here.

Gold prices dropped $13.57 an ounce yesterday, extending losses into a second session, as concern about the strength of the global economy and the timing of a U.S. interest rate hike kept pressure on commodity prices.

The EUR/USD pair initially fell during the course of the session on Monday, but found enough support to turn things back around and form a fairly positive candle.

The GBP/USD pair initially broke higher during the course of the session on Monday, but turned back around to form a fairly negative looking shooting star by the time we closed.

The EUR/CAD pair broke higher during the course of the session on Monday, as we continue to see buyers step in and pushes the market higher.

The US Dollar trade was subdued ahead of a busy week of data points from across the globe. Markets are waiting to see if the data will show any improvement in growth in China and if inflation has finally started to edge higher in the Eurozone.

The USD/NOK pair initially went much higher during the course of the day on Friday, cracking above the 8.56 handle.