Forex Daily Forecast, Analysis and Prediction

Check out the AUD/USD Forex signal for June 16, 2015 here.

Check out the USD/JPY Forex signal for June 16, 2015 here.

Check out the GBP/USD Forex signal for June 16, 2015 here.

Check out the EUR/USD Forex signal for June 16, 2015 here.

Gold prices rose 0.42% yesterday, posting the first gain in three sessions, and settled at $1186.07 an ounce. Gold’s rebound on Monday came as weak U.S. economic data hammered stocks and pushed investors towards the safe-haven metal.

Looking at the EUR/USD pair, you can see that we gapped lower at the open on Monday but found enough support near the 1.12 level to turn things back around and form a fairly positive candle.

According to the analyzes of the EUR/CAD and GBP/USD, trader profited using a binary options platform. Find out how here for June 15, 2015.

The EUR/USD pair initially fell during the session on Friday, but yet again ended up forming a hammer. Three out of the last four sessions have formed this particular candlestick, which of course is very bullish.

The USD/SEK pair looks very vulnerable after trading on Friday, as we initially tried to rally but found the 8.29000 level to be a bit too resistive. Because of this, we ended up forming a shooting star which of course is very bearish.

The AUD/NZD pair initially tried to rally during the session on Friday breaking out to a fresh new high. However, we ended up pulling back and formed a shooting star.

The GBP/USD pair initially fell during the course of the session on Friday, breaking below the 1.55 handle. However, that area offered enough buying pressure to turn things back around and form a relatively positive candle.

The EUR/CAD pair broke down during the session initially on Friday, but found enough support near the 1.3750 level to turn things back around and form a hammer.

Check out the AUD/USD Forex signal for June 15, 2015 here.

Check out the USD/JPY Forex signal for June 15, 2015 here.

Check out the GBP/USD Forex signal for June 15, 2015 here.