Forex Daily Forecast, Analysis and Prediction

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.

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

This pair seems caught in a long-term consolidation and enjoys only limited price movement, the current signs are that this is likely to continue during February, but a lot will depend upon how this current week closes.

This pair is established in a long-term uptrend which is beginning to show some signs of weakening. Despite this, it seems likely to continue upwards during February, especially if January closes above 1.6450.

This cross has been established in a strong long-term uptrend since the summer of 2012, and has been rising strongly in its recent leg to reach a five-year high, but it is beginning to show signs of weakening or at least slowing.

This pair has been established in a strong long-term uptrend since the summer of 2012, and has been rising strongly in its recent leg to reach long-term new highs, but it is beginning to show signs of weakening or at least slowing.

The EUR/USD pair fell during the month of January, but you can see still remains locked in a fairly tight range. Essentially, with the exception of a little bit of a breakdown during the illiquid month of December, this market has been stuck between 1.35 and 1.38 for the last four months.

The USD/CAD pair had a very strong month in January. In fact, breaking above the 1.10 level for me was a relatively significant event.

The GBP/USD pair initially fell during the month of January, but as you can see spent quite a bit of time trying to gain support. It appears that the 1.65 level now offers enough support to become a potential buying zone, as the monthly candle is starting to turn into a hammer.