Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market breakdown during the day on Tuesday, as we continue to see significant amounts of various pressure. Natural gas markets did very little during the day on Tuesday, as we continue to see negative pressure overall.

The US dollar tried to rally during the day on Tuesday but found enough resistance above to turn around to form a shooting star. The Australian dollar initially tried to rally during the day on Tuesday but found enough resistance at the 0.7625 level again to turn around to form a negative candle.

Get the USD/CAD Forex signal for June 21, 2017 here.

Get the USD/CHF Forex signal for June 21, 2017 here.

Get the GBP/USD Forex signal for June 21, 2017 here.

Get the EUR/USD Forex signal for June 21, 2017 here.

Gold prices inched higher on Wednesday, after hitting its lowest since May 17 in the previous session, as Asian stocks fell.

Get the NZD/USD Forex signal for June 20, 2017 here.

Get the AUD/USD Forex signal for June 20, 2017 here.

The EUR/USD pair fell during the day on Monday, testing the bottom of the consolidation area that the market has been in for several weeks. The British pound initially tried to rally during the day on Monday, but turned around to form a negative candle.

The USD/JPY pair initially dipped on Monday, but broke above the top of the shooting star from the Friday session, and that of course is a very bullish sign.

The WTI Crude Oil market initially tried to rally on Monday, but found enough resistance at the $45 level to turn things around and break down significantly.

The S&P 500 showed a significant amount of bullish pressure as we broke above the top of a hammer on the daily chart. The NASDAQ 100 continues to strengthen as well, as most of the selloff was due to a handful of stocks.

Get the USD/JPY Forex signal for June 20, 2017 here.

Get the USD/CAD Forex signal for June 20, 2017 here.