Forex Daily Forecast, Analysis and Prediction

See how one trader managed to profit on a binary options platform.

USD/CAD has been a tricky pair to trade lately as the oil markets have been rocked back and forth by the Iranian drama.

NZD/JPY is a great pair to trade is you have a good handle on the global trading attitude. When times are good, the Kiwi is loved, as there are many investments in New Zealand that offer more of a return than in larger developed countries.

EUR/USD has spent the last several sessions rising in value as the markets try to get ahead of any potential agreement on which way to go forward in the European Union’s ongoing debt crisis.

The USD/CHF has closed below a weekly support zone at 0.9300 with the daily candle close today at 0.9275. This, combined with the Euro's Bullish advance today is a good indication that this pair could be once a gain turning Bearish.

See how a trader used today's Forex technical analysis and profited on a binary options platform.

The precious metals market enjoyed a volatile but profitable week for traders as gold ended the ended the week with a range of $38.70, and $9.50 higher for the week, closing Friday at $1666.75, a rise of 0.74% for the day.

Our expert trader starts the week off with a GBP/USD Signal. See how the trading week begins here!

The EUR/USD continued its rise in value on Friday as traders anticipated a possible workaround involving the creditors and Greek government. Also, the general “risk on” attitude came back into the markets, and this became a bit of an environment that favored a bounce in this very obviously oversold pair.

A couple of sessions back, I took a look at the AUD/JPY pair as one that could potentially be ready to make a move. Based upon a triangle that had been forming, the moving averages going sideways, and the pair pressing upwards against a Fibonacci 50% retrace level, I thought that perhaps the move was coming quickly, and it appears that it did in fact happen.

GBP/USD has been a very bearish pair for quite some time now. The last couple of months have seen unrelenting selling of the pair every time it has tried to rally, which makes the move during the last week so impressive.

The NZD/USD or Kiwi as most traders call it, has continued its Bullish ascent and closed above a daily zone on Friday at 0.8050. The pair fell as low as 0.7994 that day but closed much higher at 0.8062.

This weekly Forex forecast covers major currency pairs including EUR/USD, GBP/USD and more to give you a full look at this week's market opportunities.

Start your weekend right with a EUR/JPY signal by an expert trader!

The EUR/USD pair has continued to be the focus of the entire market it seems. Over the last few months, it seems that everything eventually goes back to bond auctions, and because of this all traders has had to suddenly become focused on bond auctions in such places as Greece, Portugal, Spain, and Italy.