Forex Daily Forecast, Analysis and Prediction

This Forex technical analysis discusses the market's major currencies, such as the EUR and USD.

An in depth Forex technical analysis of the USD JPY major currency.

This Forex technical analysis piece discusses the Forex daily charts of the market's major pairs.

This Forex technical analysis discusses the USD/CAD Forex pair and its latest trends.

Yesterday’s analysis forecast a drop below 1.3704 would find support at 1.3644, and we bottomed yesterday at 1.3639, supporting the idea that EUR/USD dropped back to triangle support

An in depth technical analysis of the Forex pair USDJPY.

This Forex technical analysis piece analyzes the EURUSD and GBPUSD major Forex pairs.

This Forex technical analysis discusses the EUR, USD, and GBP major Currency pairs.

Three heavy Forex news bombs today, are all forecast to counteract each other or stay the same.

This piece of Forex technical analysis discusses the upward trend of the GBP/USD.

This Forex technical analysis explains that the latest bad data coming out of the US will give Forex traders the opportunity to enjoy an uptrend in the Forex market.

The EUR/USD's range bound daily chart is in a upswing, this upswing is likely to continue with help from two bad forecasts outnumbering the one good forecast for the Dollar today.

USD/JPY fell slightly short of our 90.91 4th channel target, topping at 90.81. This may be enough to complete the MT up-cycle (blue), followed by more sideways consolidation.

Both hard news releases counteract each other. So the Bollinger Bands, Full Stochastics and StochRSI being above their centerlines will have to direct our trades downward. The RSI does not object just being a hair below it's centerline.

After retracing 61.8% of the previous down-cycle, USD/JPY has retreated a bit, indicating the MT up-cycle may have completed with three channels-plus-extension at 90.67 (blue).