Forex Daily Forecast, Analysis and Prediction

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

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

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

The XAU/USD pair posted first weekly gain in two weeks as the conditions in the marketplace increased desire for safe-haven diversification.

Check out the weekly forecast for some of the major Forex pairs here.

Gold strengthened against the American dollar for a second session on Thursday after comments from Russian President Vladimir Putin boosted anxiety that tensions over Ukraine could escalate.

The WTI Crude Oil markets tried to rally during the session on Thursday, but as you can see ran into a bit of resistance at the $102 level. With that, the market pulled back enough to form a shooting star, which of course looks very bearish.

The USD/JPY pair spent most of the session on Thursday falling, but found enough support near the 102 level to bounce. However, the candle is in exactly overly supportive looking, so I feel that the market will continue to struggle in the short term.

The USD/CAD pair did very little during the session on Thursday, as we continue to meander just above the 1.10 level. With that, I believe that this market will continue to grind sideways, but in the end I also believe that the buyers will start take over again.

The AUD/USD pair fell during the bulk of the session on Thursday, but as you can see found plenty of support at the 0.9250 handle.

The XAU/USD pair closed yesterday's session slightly higher than opening after three consecutive days of losses.

The WTI Crude Oil markets fell slightly during the session on Wednesday, but found a bit of support at the $101.50 level.

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

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

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