Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair fell during the day on Tuesday, as we continue to try to drive down to the 1.08 handle. During the session on Tuesday, the British pound fell below the 1.45 level against the US dollar, an area that had been rather significant as far as psychological support is concerned.

The S&P 500 went back and forth during the course of the session on Tuesday, as we formed a very noncommittal type of neutral candle. The NASDAQ 100 did the same thing, as the 4350 level offered more than enough resistance to keep the market down.

The WTI Crude Oil market initially tried to rally during the day on Tuesday, but found the $32 level to be far too resistive to continue to go higher. It appears that the natural gas market is trying to break down from here, and if we can go below the $2.20 level,we will more than likely try to reach towards the very bottom yet again.

Get the USD/CHF Forex Signal for January 13, 2016.

Get the GBP/USD Forex Signal for January 13, 2016.

Get the EUR/USD Forex Signal for January 13, 2016.

Gold prices slipped for a third straight session on Tuesday as the dollar strengthened across the board and dimmed the metal's appeal.

Get the NZD/USD Forex Signal for January 12, 2106.

Get the AUD/USD Forex Signal for January 12, 2016.

Get the USD/JPY Forex Signal for January 12, 2016.

Get the USD/CAD Forex Signal for January 12, 2016.

Get the USD/CHF Forex Signal for January 12, 2016.

Get the GBP/USD Forex Signal for January 12, 2016.

Get the EUR/USD Forex Signal for January 12, 2016.

The USD/JPY pair had a pretty volatile session on Monday, as we initially tried to fall but then turned back around to test the 118 handle. The AUD/USD pair tried to rally as well, but struggled just above the 0.70 handle.