Forex Daily Forecast, Analysis and Prediction

Check out the EUR/USD Forex signal for July 2, 2015 here.

Check out the AUD/USD Forex signal for July 1, 2015 here.

Check out the USD/JPY Forex signal for July 1, 2015 here.

Check out the GBP/USD Forex signal for July 1, 2015 here.

Check out the EUR/USD Forex signal for July 1, 2015 here.

Gold prices fell for a second day and settled at $1171.94 per ounce, losing $7.67, as strength in the U.S. dollar and a recovery in stock markets weighed on the market. Although ongoing concerns surrounding Greece lured some buyers back into the market, gold continues to struggle with multiple headwinds.

According to the analyzes of the CAD/CHF and GBP/USD, trader profited using a binary options platform. Find out how here for June 30, 2015.

The EUR/USD pair broke higher during the course of the day on Monday after initially gapping massively. Quite frankly, the fact that we gapped that low and turned back around to not only fill the gap, but to continue going higher is a very impressive sign.

We had a pretty strange day in the Forex markets, as we learned over the weekend that Greek banks were being closed in order to prevent a run as liquidity was going to be a serious issue. Because of that, everything ran away from the European Union and the continent in general.

The CAD/CHF pair is one that I like a lot because it represents a “risk on/risk off” type environment. That's wrong, I think it’s a bit harsh to consider the Canadian dollar a “risky currency”, but at the end of the day it is highly influenced by oil. Quite frankly, I trust Canadian finance is better than my own in the United States, but I digress.

The GBP/CAD pair continues to show strength, as Monday saw the pair test the 1.95 level yet again. We did break above there, and have essentially made what could be a double top, but it’s a bit early to start thinking about selling this pair.

Check out the AUD/USD Forex signal for June 30, 2015 here.

Check out the USD/JPY Forex signal for June 30, 2015 here.

Check out the GBP/USD Forex signal for June 30, 2015 here.

Check out the EUR/USD Forex signal for June 30, 2015 here.