Forex Daily Forecast, Analysis and Prediction

According to the analyses of the USD/CAD and EUR/USD, trader profited using a binary options platform. Find out how here for February 3, 2015.

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Get the USD/CHF Forex signal for February 3, 2015 here.

The EUR/USD pair did very little during the session on Monday, as we continue to grind just below the 1.14 handle. That area has been rather resistive, and I believe that there is a significant amount resistance all the way to the 1.15 handle at that point.

The GBP/USD pair fell during the course of the session on Monday, as the downtrend continues in this very bearish market. However, the 1.50 level is of course a large, round, psychologically significant number.

The USD/CAD pair fell during the course of the session on Monday, forming a very bearish candle. That being the case, the market looks as if it’s ready to test serious support down at the 1.25 handle.

Gold prices closed lower on the first trading day of the week after a 2.1% rally on Friday, but losses were modest in the wake of worse than anticipated U.S. data.

According to the analyses of the USD/CHF and EUR/USD, trader profited using a binary options platform. Find out how here for February 2, 2015.

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

Check out the GBP/USD Forex signal for February 2, 2015 here.

Check out the USD/CHF Forex signal for February 2, 2015 here.

Get the Forex forecast for the week of February 2, 2015 here.

The EUR/USD pair initially tried to rally during the session on Friday, but then turned back around to form a slightly negative candle.