Forex Daily Forecast, Analysis and Prediction

The USD/CAD pair rose during the session on Tuesday, capturing about half of the losses that it had suffered on Monday. However, we are not out of the woods yet, as we certainly look like we could drift a little bit lower at this point.

Check out the Forex signal for the GBP/USD pair here.

Check out the Forex signal for the EUR/USD pair here.

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The XAU/USD pair rose for a third consecutive day as concerns over the world's largest economy continued to lure some investors to relative safety of the precious metal. Gold prices reached $1338.85 an ounce yesterday, the highest level in 16 weeks, before pulling back slightly to the 1335.

The WTI Crude market went back and forth during the session on Monday, essentially settling nothing. The one thing that the chart does show me is that the $102 level is currently acting as a little bit of a support level.

The EUR USD pair went back and forth during the session on Monday, essentially settling nothing. However, we did show the 1.37 level to be supportive still, and as a result I believe that we are still in the consolidation area that is bordered by both that level, and the 1.38 level on the top.

The USD/CAD pair has been one that’s been interesting to follow lately, as we have had such a bullish run by the US dollar. However, they did in fact come to an end, if only temporarily so, during the Monday session.

Check out the Forex signal for the GBP/USD pair here.

Check out the Forex signal for the EUR/USD pair here.

According to the analyses of the USD/CAD and GBP/USD, trader profited on a binary options trading platform. See how here

Check out the signal for the EUR/USD pair here.

Check out the Forex signal for the USD/CHF pair here.

Check out the Forex signal for the EUR/CAD pair here.

Check out the weekly signal for the EUR/CHF pair here.