Forex Daily Forecast, Analysis and Prediction

The Canadian Dollar has been getting stronger against the US Dollar. However, the recent price action has been much smoother than in other pairs, particularly when we look at the daily chart.

There have been some serious gyrations in some currencies lately, and the EUR-AUD pair has not been immune.

The CHF had a strong surge recently. What should this mean for your Forex trading strategy?

The Canadian Dollar – Swiss Franc currency pair broke out of the prolonged trading range it had occupied for a long time.

In the aftermath of the earthquake, which hit New Zealand few weeks ago, that nation's currency fell into a disfavor.

Last week turned out to be extremely volatile for the Japanese Yen, and the Yen became much stronger pushing and made anew all time high versus the Dollar.

The Swiss Franc has been moving in tandem with the Japanese Yen lately, which means that it mimicked its volatility last week.

After what had seemed like an eternal bear market, the EUR-NZD appears to have found a bottom late last year.

The US Dollar-Swiss Franc has reached yet another milestone in its downtrend, which seems like it's never-ending.

Since the JPY has been a funding source for a carry trade, some currencies suffered as the Yen gained.

Gold seems trying to get another bullish momentum as the strong support at 1412.35 held

In spite of the ever-deepening sovereign debt crisis in Europe, the common currency has been strengthening in recent weeks.

The Australian Dollar has been in the news a lot lately. It is still very strong against most currencies, even though it pulled back from the highs.

The ever-popular "beast", the GBP-JPY, has staged a very impressive rally so far this year. It advanced from 125.40 to the recent high of 135.50.

Recently, the New Zealand Dollar-Swiss Franc cross has, very quietly, sprang back to life. Following the epic sell off in 2008, it rebounded sharply the next year.