Forex Daily Forecast, Analysis and Prediction

The NZD/USD pair rose during the session on Tuesday, breaking the top of the hammer from the Monday session. The hammer from the Monday session of course suggested that we were going to see more buyers step into this marketplace, and that has in fact happened.

The GBP/USD pair shot straight up during the session on Tuesday, acting much like a rocket taking off.

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Check out the weekly signal for the AUD/NZD pair here.

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 (Gold vs. the American dollar) settled lower yesterday, pulling back after sizable gains in Friday's sessions, as that investors took some of profit off the table.

The WTI Crude Oil markets rose during the session on Monday, breaking the top of the hammer from the Friday session. This shows that the market does in fact have buying pressure underneath, mean that we will more than likely continue to go higher.

The EUR/USD pair broke higher during the session on Monday, breaking the top of the hammer from the Friday session.

The AUD/USD pair fell during the session on Monday, but found the 0.95 level to be supportive enough to keep the market somewhat afloat.

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The XAU/USD pair closed the week higher after two consecutive weeks of losses as the Ichimoku cloud on the daily time frame continued to offer some resistance.

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

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