Forex Daily Forecast, Analysis and Prediction

Get the GBP/USD Forex signal for December 18, 2014 here.

Get the EUR/USD Forex signal for December 18, 2014 here.

The XAU/USD pair fell to its lowest level in two weeks as a rally in U.S. equities and a stronger dollar dim gold’s appeal.

Microsoft Corporation (NASDAQ:MSFT) is not planning to unveil any flagship Windows Phone at next year’s MWC conference, which will take place in Barcelona from March 2 to March 5.

Major magazine publisher Time Inc. just announced a partnership with Coinbase that will enable readers to pay for their subscriptions in Bitcoin.

Check out the USD/JPY Forex signal for December 17, 2014 here.

Get the GBP/USD Forex signal for December 17, 2014 here.

Check out the EUR/USD Forex signal for December 17, 2014 here.

Gold prices closed slightly higher on Tuesday after falling 2.5% the session before. The XAU/USD pair initially tried to rally, at one point even managed to climbed above the $1212 level and tested the resistance at $1221.

The EUR/USD pair broke higher during the course of the session on Tuesday, but as you can see struggled as we climbed above the 1.25 handle.

The USD/JPY pair formed a hammer during the session on Tuesday, as we trying to to break down below the 115 level, but failed.

The GBP/USD pair initially fell during the course of the day on Tuesday, but found enough support near the 1.56 level to turn things back around and head towards the top of the consolidation area.

Yahoo! Inc. (NASDAQ:YHOO) is aggressively pushing for market share in the search engine business, a field it has struggled in over the years thanks to stiff competition from Google Inc. (NASDAQ:GOOGL).

Swedish based Bitcoin exchange, Safello announced that a new banking partnership will now allow U.K. customers to hold deposits. According to Safello this is a huge opportunity, considering many start-ups in the U.K.

Get the USD/JPY Forex signal for December 16, 2014 here.