Forex Daily Forecast, Analysis and Prediction

Check out the USD/CHF analysis for January 28, 2015 here.

The EUR/USD pair broke higher during the course of the session on Tuesday, testing the 1.14 level.

The USD/CHF pair initially went higher during the course of the session on Tuesday, but as you can see turned back around to form a shooting star.

The AUD/USD pair broke higher during the course of the session on Tuesday, reaching towards the 0.80 handle.

The EUR/CHF pair initially broke higher during the course of the session on Tuesday, but ran into a bit of resistance at the 1.03 level. That being the case, we ended up turning back around and forming a shooting star of sorts.

The USD/JPY pair fell during most of the session on Tuesday, but as you can see found a bit of support near the 117.25 level. With that being the case, the market appears as if it is ready to continue grinding sideways as it has over the last week or two.

Gold prices rose $11 an ounce on Tuesday, propelled by a disappointing report on U.S. durable goods orders and a weak session for equities that helped push the precious metal into positive territory for the first time in three sessions.

According to the analyses of the NZD/USD and AUD/USD pairs, trader profited on a binary options platform. See how here for January 27, 2015.

Check out the GBP/USD weekly Forex signal for January 27, 2015 here.

The EUR/USD pair initially gapped lower at the open on Monday as the Greek election brought in the far left and a potential decoupling from previous austerity measures.

The GBP/CHF pair broke higher during the course of the day on Monday, and even managed to clear the 1.35 handle. Because of this, I have drawn the eighth Fibonacci retracement tool on the chart as well, trying to find some type of convergence.

The GBP/USD pair broke higher during the course of the session on Monday as the 1.50 level offered significant support. That being the case, it appears that the market is trying to reenter the previous consolidation area, as the 1.50 area has of course offered enough buying pressure.

The AUD/USD pair initially gapped lower at the open on Monday, as Greek elections have the markets in a general “risk off” type of attitude. However, we turned back around and close towards the highs of the session.

The NZD/USD pair initially tried to take off during the session after gapping lower for Monday, but as you can see the sellers stepped back into the marketplace and pushed it lower.

Get the USD/JPY Forex signal for January 27, 2015 here.