Forex Daily Forecast, Analysis and Prediction

The US dollar initially fell during the day on Tuesday but found enough support to turn around and form a little bit of a hammer. The Australian dollar rallied during the day on Tuesday but is starting to run into a little bit of trouble near the 0.74 handle.

The WTI Crude Oil market had a wild ride on Tuesday as we went back and forth, testing several areas. Natural gas markets were very active during the day on Tuesday as we tested the $3 level.

The S&P 500 rallied on Tuesday as we continue to break higher. The NASDAQ 100 rallied slightly at the open on Tuesday, and essentially sat there afterwards.

Get the NZD/USD Forex signal for November 22, 2016 here.

Get the AUD/USD Forex signal for November 22, 2016 here.

Get the USD/JPY Forex signal for November 22, 2016 here.

Get the USD/CAD Forex signal for November 22, 2016 here.

Get the USD/CHF Forex signal for November 22, 2016 here.

Get the GBP/USD Forex signal for November 22, 2016 here.

Get the EUR/USD Forex signal for November 22, 2016 here.

The EUR/USD pair rallied during the session on Monday, as the market has been far too oversold at this point to continue going lower. The British pound had a very strong showing on Monday, slamming into the 1.25 handle.

The WTI Crude Oil market gapped higher at the open on Monday, and then slammed into the previous uptrend line. The natural gas markets initially fell on Monday but found enough support to continue the move higher.

The S&P 500 rallied on Monday, slamming into the 2200 level. The NASDAQ 100 and rallied on Monday, using the 4800 level as support.

The US dollar initially rallied on Monday but turned around to form a negative candle. The New Zealand dollar broke higher during the day on Monday, using the 0.70 level as a springboard.

Gold prices rose $6.36 on Monday, recovering a portion of last week's losses, as the U.S. dollar retreated after rising for 10 straight days.