Forex Daily Forecast, Analysis and Prediction

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Get the USD/JPY Forex signal for July 16, 2014 here.

Get the Bitcoin forecast for July 16, 2014 here.

The XAU/USD pair (Gold vs. the American dollar) fell 1% on Tuesday, extending its losses to a second straight session, and touched the lowest level since June 19.

The AUD/USD pair initially fell during the session on Tuesday, but found enough support near the 0.9350 level to turn things back around and form a bit of a hammer.

The EUR/GBP pair fell hard during the session on Tuesday, breaking to a fresh, new low.

The WTI Crude Oil markets fell during the bulk of the session on Tuesday, and even managed to touch the $99 handle, an area that is without a doubt a significant support area.

The EUR/USD pair fell hard during the session on Tuesday, but as you can see still remains in the middle of the consolidation area that we have been paying attention to for some time now.

Get the GBP/USD Forex signal for July 16, 2014 here.

Get the EUR/USD Forex signal for July 16, 2014 here.

The GBPUSD has rallied strongly since July 2013. The rally took this currency pair from an intra-day low of 1.4813 to an intra-day high of 1.7179 and price action is currently located near this intra-day high.

Get the USD/JPY Forex signal for July 15, 2014 here.

The USD/JPY pair rose during the course of the day on Monday, continuing to show that there is in fact some type of support down near the 101 level, as it has been the bottom of a larger consolidation area for some time now.

The USD/CAD pair tried to rally during the session on Monday, but as you can see pullback in order to form a shooting star.

Get the GBP/USD Forex signal for July 15, 2014 here.