Forex Daily Forecast, Analysis and Prediction

So, although it seemed that the strong downwards trend in EUR/USD was ripe for at least a temporary reversal, there has been none lasting any significant length of time.

According to the analysis of the EUR/JPY and EUR/USD one trader profited on a binary options platform. See how here.

Have you been following our recent signals? Get the updates only at DailyForex.com.

The Kiwi, as we traders like to call it, (aka the NZD/USD pair) has once again managed to retreat from the 0.7700 area that has been propping the pair up for the last 2 weeks, making the daily chart look like an accordion rippling back and forth.

According to the analysis of the USD/JPY and GBP/USD one trader profited on a binary options platform. See how here.

The XAU/USD pair had a positive day as the adrenalin rush of a decision by the Federal Reserve to start trimming the bond purchases wore off.

I believe that this market is completely overdone considering the situation in Egypt.

The EUR/USD pair rose during the session on Monday, bouncing off the 1.28 handle yet again.

I sadly cannot sell this market because of the way the Bank of Japan has been acting, and the fact that the Euro is oversold in general.

See where pro trader Andrew Keene expects oil to go - your oil signal is only at DailyForex.com.

USD/CAD tends to be one of the more difficult pairs to predict technically. Nevertheless some clear conclusions can be drawn.

Trade Recommendation for long-term profit. See details here.

Check out this short signal on EUR/USD. Only at DailyForex.com

Pennants tend to indicate continuation, suggesting that over the very long-term, GBP/USD will continue to fall.

The WTI Crude Oil markets had a positive session on Friday as the nonfarm payroll numbers came out showing that the Americans added 195,000 jobs to the economy in June.