Forex Daily Forecast, Analysis and Prediction

The AUD/USD pair fell rather significantly during the session on Friday, as we sliced through the 0.7750 level by the end of the day.

The USD/CAD pair broke much higher during the course of the session on Friday, clearing the 1.25 level.

The GBP/CHF pair continued to bounce off of the 38.2% Fibonacci level during the Friday session as the market is trying to catch its footing.

Gold prices ended Friday's session down 0.46%, or $5.51, to settle at $1198.07 an ounce as traders took profits from a seven-day run of gains.

Get the Forex forecast learning about quant vs chart reading for the week of March 30, 2015 here.

Get the weekly Forex forecast for the week of March 29, 2015 here.

Gold prices advanced to their highest levels since early March as concerns over escalating tensions in the Middle East hammered stocks and sent market players toward safety plays.

The EUR/USD pair tried to rally during the course of the day on Thursday, but found far too much in the way of bearish pressure above the 1.10 level yet again.

The USD/CAD pair initially fell during the course of the session on Thursday, but as you can see found enough support near the 1.24 level to turn things back around and form a nice-looking hammer.

The EUR/CAD pair broke down during the session on Thursday, clearing the bottom of the shooting star that had formed on Wednesday.

The USD/JPY pair fell hard during the course of the session on Thursday, but as you can see found enough support at the 118 level to turn things back around and form a nice-looking hammer.

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Check out the USD/CAD Forex signal for March 26, 2015 here.

Check out the USD/JPY Forex signal for March 26, 2015 here.

Get the GBP/USD Forex signal for March 26, 2015 here.