Forex Daily Forecast, Analysis and Prediction

The Eurozone Manufacturing sector improved considerable from November, confirming the euro-area is on the right track to recovery.

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

As all eyes turn and focus on the upcoming XXII Winter Olympic Games about to open in Sochi, Russia, it seems appropriate for a topical take on how the Russian Ruble fits into the Forex world.

The XAU/USD pair closed the week lower after five consecutive weeks of gains as the bulls encountered heavy resistance in the 1268 - 1278 zone.

The WTI market fell during the session on Friday, testing the $97 level finding support at that exact area. We have recently broken out over the last 48 hours, so it makes sense that we would pull back to try and find more buyers.

The EUR/USD pair fell again during the session on Friday, but this time managed to break down below the 1.35 handle.

The USD/CAD pair had a pretty wild session on Friday as we went back and forth in a very wide range. However, what I am paying attention to at the moment is the 1.10 level, as I believe it is essentially a floor in this market.

Begin the new month of February with this weekly Forex forecast of some of the major pairs here.

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

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

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

The XAU/USD pair fell sharply and give back all of the gains made in the previous session as the American dollar strengthened across the board.

The WTI Crude Oil markets rose during the session on Thursday, breaking above the $98 level. With that, we have finally broken out above the level that I thought would be the biggest problem in the near term.

The EUR/USD pair fell rather hard during the session on Thursday, testing the 1.3550 level.

The USD/CAD pair fell slightly during the session on Thursday, showing signs of weakness.