Forex Daily Forecast, Analysis and Prediction

AUD/JPY Forex signal brought to you by our expert trader, Fadi. Get your target and stop loss here!

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Here is a free Forex EUR/USD signal from the experts at ForexRoyals. Get your target and stop loss now.

At the open, the EUR/USD pair gapped up based upon – let me know if you have heard this before – a potential workaround for the Greek debt crisis. In theory, the Europeans are about to give the Greeks another handout, and this will in turn make everything alright again.

USD/CHF has been bouncing around the current levels for quite a few sessions lately, and the level does in fact look strong. With this in mind, the pair hasn’t exactly been overly exciting, but this is the case with all Franc-related pairs as the Swiss National Bank has been actively working against the ascendency of the Franc.

USD/JPY has been a pair that until recently would have put you to sleep trading. The pair has seen a fairly narrow range of trading as traders and the Bank of Japan were in a virtual standoff.

The NZD/USD or Kiwi as most traders know it is retesting the support level at 0.8350 in the hour leading up to the London open. The pair has been trading in a roughly 180 pip range since the beginning of February, and up until now has been mostly been hitting 0.8350 as resistance.

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See where the EUR/USD is headed in this free Forex signal.

To start the week off, DailyForex.com is providing you with a free Forex signal for the USD/JPY pair. See where it is headed and find your stop loss now!

EUR/USD continues to irritate a lot of traders. The Friday session was a perfect example of why. The initial move for the session was higher, but the nerves about the European Union issues came back, and as a result we saw the pair fall back down to form a shooting star.

AUD/USD has been going sideways for about two weeks now, and although the world’s stock markets are doing reasonably well, the pair has found traction a difficult thing to accomplish.

NZD/USD moved sideways on Friday as the pair continues to hover around the 0.8250 area. The pair is very sensitive to risk as well as the commodity trade as New Zealand is a net exporter of agricultural commodities hand over fist.

The EUR/USD is falling slightly in the hours leading up to the London open, having run into that pesky resistance at 1.3230 again. Last week the pair produced a weekly hammer candle closing just shy of the resistance zone, and possibly indicating higher prices to come soon.