Forex Daily Forecast, Analysis and Prediction

Get the USD/CAD Forex signal for April 15, 2015 here.

Get the USD/JPY Forex signal for April 15, 2015 here.

Get the GBP/USD Forex signal for April 15, 2015 here.

Get the EUR/USD Forex signal for April 15, 2015 here.

The EUR/USD pair initially fell during the course of the session on Tuesday, but found enough support just above the 1.05 level to turn things much more positive as the market crashed into the 1.07 level above.

The USD/NOK pair fell hard during the day on Tuesday, crashing into a major uptrend line. I believe that this market will continue to go higher, not only because of this trend line, but the fact that the 7.85 level below is so supportive.

The GBP/AUD pair broke higher during the course of the session on Tuesday, as we not only rose but managed to break the top of the shooting star from Monday.

The AUD/USD pair fell initially during the course of the session on Tuesday, testing the 0.7550 handle. We bounced enough to form a hammer though, so that suggests that we could get a little bit of a bounce and continuation going forward.

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Gold dropped for the fifth time in six sessions as concerns of an interest rate hike by the U.S. Federal Reserve some time this year continued to weigh on the market.

Get the USD/JPY Forex signal for April 14, 2015 here.

Get the GBP/USD Forex signal for April 14, 2015 here.

Get the EUR/USD Forex signal for April 14, 2015 here.

The EUR/USD pair fell during the bulk of the session on Monday, testing the 1.05 handle. This is an area that has been supportive in the past, so therefore it does not surprise me at all that we bounced.

The GBP/USD pair bounced rather hard during the session on Monday, as the 1.46 region offered enough support to turn things back around