Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 13, 2017.

Start your new trading week prepared with our Forex forecast that is focusing on the major pairs you should pay attention to.

The EUR/USD pair rallied a bit during the day on Thursday, as we continue to consolidate between the 1.16 level on the bottom, and the 1.17 level at the top.

The US dollar initially tried to rally during the session on Thursday but then rolled over towards the 113 handle.

The S&P 500 fell significantly during the day on Thursday, slicing through the 2575 handle. By doing so, it shows just how precarious this rally is, because quite frankly we are overextended.

The WTI Crude Oil market rallied a bit during the day, but quite frankly it’s Lenny overextended at this point, and it looks as if the $58 level is going to continue to cause issues.

Gold prices rose for a second-straight session on Thursday as declines in global equities increased desire for safe haven diversification.

Get the NZD/USD Forex signal for November 9, 2017 here.

Get the AUD/USD Forex signal for November 9, 2017 here.

Get the BTC/USD Forex signal for November 9, 2017 here.

The EUR/USD pair rallied initially during the trading session on Wednesday, but gave back most of the gains.

The WTI Crude Oil market initially rally during the trading session on Wednesday, breaking towards the $58 level.

The S&P 500 initially fell during the trading session on Wednesday, but turned around to form a bullish candle.

The US dollar initially fell against the Japanese yen, but has turned around to form a hammer during the Wednesday trading session.

Get the daily USD/JPY Forex signal for November 9, 2017 here.