Forex Daily Forecast, Analysis and Prediction

Get the bitcoin forecast for August 19, 2014 here.

Get the USD/JPY Forex signal for August 19, 2014 here.

Get the GBP/USD Forex signal for August 19, 2014 here.

Get the EUR/USD Forex signal for August 19, 2014 here.

Gold prices continued to fall during yesterday's session and closed the day at $1298.26 an ounce as a friendly risk environment have provided better investment opportunities elsewhere.

The WTI Crude Oil markets fell during the course of the day on Monday, breaking to a fresh, new low. Because of this, it’s more than likely that we will continue to go lower, probably aiming for the $92.00 level first which I see as a significant support level on the longer-term chart.

The EUR/USD pair fell during the day on Monday, but remained within the consolidation area that we had been trending in for a couple of weeks now. The 1.33 level below of course is very supportive, and as a result we need to get down below there before I would consider selling this market.

The EUR/GBP pair fell during the session on Monday, closing below the 0.80 handle again. After forming two shooting stars in a row last week, this is not much of a surprise as it appears that the buyers have run out of steam a little bit at this point.

Get the trading signal updates for the month of July 2014 here.

BTC/USD on the daily charts has been in a very strong downtrend right from the time it has broken below the important support level at $556.

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Get the USD/JPY Forex signal for August 18, 2014 here.

Check out the GBP/USD Forex signal for August 18, 2014 here.

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

Gold weakened against the American dollar for the first time in four sessions after the Labor Department's report revealed that concerns about inflation were insubstantial.