Forex Daily Forecast, Analysis and Prediction

The USD/JPY pair found support at the 115 handle yet again, as the market continues to show bullish behavior.

The AUD/USD pair tried to rally during the session on Thursday, but as you can see struggled to keep the gains above the 0.87 handle.

According to the analyses of the EUR/USD and USD/CAD, trader profited on a binary options platform. See how here for November 13, 2014.

According to many industry experts, Bitcoin is primed for greater expansion in the near future. Get the Bitcoin/USD analysis for November 13, 2014 here.

CBS Corporation (NYSE:CBS) and Walt Disney Co. (NYSE:DIS) have gone to court to block the disclosure of programming contracts as part of the ongoing review concerning merger deals in the U.S. The two companies argue that a possible leak of some of the sensitive information may jeopardize their competitive advantage in the media space.

Check out the USD/JPY Forex signal for November 13, 2014 here.

Check out the GBP/USD Forex signal for November 13, 2014 here.

Check out the EUR/USD Forex signal for November 13, 2014 here.

Gold prices closed lower on Wednesday, giving back a portion of the previous day’s gains, as the greenback edged higher. The XAU/USD pair is currently trading at $1158.30 an ounce but the trading range is narrowing.

The EUR/USD pair continues to fail out the 1.25 level, and the Wednesday session of course was no different. With that being the case, the market looks as if it’s ready to continue falling, as the market is most certainly in a fairly negative downtrend.

The USD/CAD pair fell during the course of the session on Wednesday, but found enough support at the 1.13 level to turn things back around and form a little bit of a hammer.

Yesterday the Bank of Ukraine announced via its website that Bitcoins cannot be used as a form of payment in Ukraine.

The net neutrality debate has finally reached the Whitehouse, with President Barack Obama calling for a ban on internet ‘fast lanes’. This news is especially exciting to data hogs such as Netflix, Inc. (NASDAQ:NFLX) that recently exchanged bitter words with internet providers concerning lower internet speeds.

The EUR/USD pair tried to rally during the course of the day on Tuesday, and although we did keep some of the gains, the most telling thing about this candle in my opinion is the fact that we struggled so hard at the 1.25 handle.

The USD/JPY pair broke higher during the session on Tuesday, finally breaking out to the next move higher. Now that we have cleared this area, it’s very likely that we will continue to go much higher, although it will be choppy from time to time.