Forex Daily Forecast, Analysis and Prediction

The NZD/USD pair initially fell during the course of the day on Thursday, but found enough support near the 0.7550 reason to turn things back around completely, and form a nice-looking hammer.

Gold ended higher on Thursday, recouping some of yesterday's losses, as disappointing U.S. economic data pressured the dollar.

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Gold fell to its lowest level in six sessions on Wednesday as the greenback rallied across the board following better than expected housing data.

The USD/JPY pair initially fell during the day on Wednesday, but found enough support below to turn things back around and form a very bullish candle.

The New Zealand dollar initially rallied during the day on Wednesday, but found the 0.7750 level above to be a bit too resistive yet again, and pulled back to fall significantly.

The EUR/USD pair tried to rally during the session on Wednesday, but gave back all of the gains in order to form an unchanged candle.

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Get the GBP/USD Forex signal for April 22, 2015 here.

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Gold settled up $6.27 at $1202.34 on Tuesday, helped by safe-haven bids over concerns that Greece will be unable to make all of the required payments and ultimately default on its debt, but remained within the trading range of the past 9 sessions.

The AUD/USD pair initially tried to rally during the day on Tuesday, and took back about half of the losses from Monday.

The USD/JPY pair went higher during the course of the day on Tuesday, testing the 120 level. This level offered resistance, and we pulled back ever so slightly.