Forex Daily Forecast, Analysis and Prediction

Get the USD/JPY Forex Signal for December 17, 2015.

The USD/CAD pair rose during the course of the session on Wednesday, testing the 1.3850 level. However, by the time the day ended we ended up pulling back in forming a bit of a shooting star.

The EUR/CHF pair fell rather significantly during the course of the session on Wednesday, but as we have seen several times, the market bounced near the 1.0750 level.

The USD/JPY pair initially fell during the course of the day on Wednesday, but found enough support near the 121.25 level to turn things around and bounce much higher.

The USD/CHF pair is a market that has very recently gone underneath the radar of most traders. We have no idea why, because it is showing very clear technical levels, which of course makes it much easier to trade than many other markets.

Get the USD/CAD Forex Signal for December 17, 2015.

During the session on Wednesday, the EUR/USD pair initially tried to rally but found more than enough resistance of the 1.10 level to turn things around and fall

Get the USD/CHF Forex Signal for December 17, 2015.

Get the GBP/USD Forex Signal for December 17, 2015.

Get the EUR/USD Forex Signal for December 17, 2015.

Gold prices are lower in Asia trade, trading down nearly 0.6% at $1066.76 an ounce, as the dollar strengthened after the Federal Reserve set the new target range for the federal funds rate at 0.25% to 0.5%.

Get the NZD/USD Forex Signal for December 16, 2015.

Get the AUD/USD Forex Signal for December 16, 2015.

Get the USD/JPY Forex Signal for December 16, 2015 here.

The USD/CHF pair fell slightly during the course of the session on Tuesday, but found more than enough support below to turn things back around and form a very positive looking candle.