Forex Daily Forecast, Analysis and Prediction

Get the NZD/USD Forex signal for September 2, 2015 here.

Get the AUD/USD Forex signal for September 2, 2015 here.

Get the USD/JPY Forex signal for September 2, 2015 here.

Get the USD/CHF Forex signal for September 2, 2015 here.

Get the GBP/USD Forex signal for September 2, 2015 here.

Get the EUR/USD Forex signal for September 2, 2015 here.

During the session on Tuesday, the EUR/USD pair had a very volatile back and forth type of day, as the markets continue to look for some type of stability. As long as markets around the world continue to go back and forth, this pair will as well.

The WTI Crude Oil markets fell rather significantly during the course of the session on Tuesday, slamming into the $45 handle. We initially trying to break above $48, but that offered resistance yet again as we had seen quite a bit of selling pressure above there on Monday as well.

The EUR/CAD pair fell initially during the session on Tuesday but found enough support at the 1.4750 level to turn things back around and show a significant green candle.

The AUD/USD pair fell hard during the course of the day on Tuesday, stopping just above the 0.70 level. This of course is a large, round, psychologically significant number, and one that will attract a lot of attention by traders worldwide.

The EUR/GBP pair broke higher during the session on Tuesday, testing the 0.74 handle. This is an area that has caused quite a bit of resistance previously, so I believe that the sellers will probably be somewhat active.

The GBP/USD pair fell hard during the course of the day on Tuesday, breaking the bottom part of the previous hammers that have been a feature of this market.

Gold prices rose $5.31 an ounce yesterday, up for the third straight session to $1139.98, as losses across global equities increased investors’ appetite for the precious metal as an alternative investment.

Get the NZD/USD Forex signal for September 1, 2015 here.

Get the AUD/USD Forex signal for September 1, 2015 here.