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 28, 2016.

The WTI Crude Oil market did almost nothing during the day on Thursday, as American traders were away for the Thanksgiving Day holiday.

The USD/JPY pair broke higher again on Thursday and illiquid trading as we are now above the 113 handle. The Australian dollar initially fell on Thursday, but found enough support near the 0.7350 level to turn around and reach towards the 0.74 handle.

The EUR/USD went back and forth during the day on Thursday, as the 1.05 level below offer quite a bit of support. The British pound went back and forth during the day on Thursday as well, ultimately forming a very minimal candle.

The S&P 500 was of course closed during the session on Thursday, but the CFD markets were open.

Get the NZD/USD Forex Signal for November 24, 2016 here.

Get the AUD/USD Forex Signal for November 24, 2016 here.

Get the USD/JPY Forex Signal for November 24, 2016 here.

Gold settled down $25.56 at $1187.21 on Wednesday, weighed down by strong U.S. economic data.

Get the USD/CAD Forex Signal for November 24, 2016 here.

Get the USD/CHF Forex Signal for November 24, 2016 here.

Get the GBP/USD Forex Signal for November 24, 2016 here.

Get the EUR/USD Forex Signal for November 24, 2016 here.

The WTI Crude Oil market went back and forth on Wednesday to show quite a bit of neutrality. The natural gas markets initially fell during the day on Wednesday, but then turned around to break high above the $3.00 level.

The S&P 500 fell initially on Wednesday, but turned around to form a hammer. The NASDAQ 100 fell slightly during the session on Wednesday, testing lower levels but then bouncing by the end of the day.