Forex Daily Forecast, Analysis and Prediction

See where the EUR/AUD pair is headed with this free Forex signal from DailyForex.com

According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform.

Last week the Sterling, or GBP/USD, broke out of the box it was trading in between 1.5450 + 1.5750 for the past 90+ days.

USD/JPY fell during the session on Tuesday as the pair continues to test the support zone just above the 78 handle. This area is the same general vicinity that the Bank of Japan had recently admitted to intervening at clandestinely.

EUR/USD had a fairly eventful session on Tuesday, as it originally fell only to turn around and pop much higher. While we haven't made a new high yet, it does show a certain amount of resilience of the 1.25 level.

EUR/GBP had a positive session on Tuesday as the Euro continues to show gains. This is an interesting turn of events for me personally, as I have noticed that the British pound seems to be picking up steam again.

According to the analysis of the GBP/USD and EUR/USD trader profited on a binary options platform.

In spite of lower than expected numbers from the Canadian housing markets and retail sales last week, the Loonie appears to be continuing to strengthen after breaking through .9900 and pulling back to the Monthly S1 at 0.9941.

The EUR/USD pair had a slightly will week session during the day on Monday, as the initial rallies faded and failed to rise above the 1.25 level substantially. The real candle to pay attention to on this chart would be the shooting star from Thursday.

The GBP/USD pair had a relatively disheartening session on Monday for the buyers. We initially trying to break higher, but that surge was beat back as the sellers forced prices below the 1.58 handle.

The AUD/USD pair fell during the session on Monday in order to continue the weak action that we started to see last week. This pair is a great barometer of all things Asian economically, and this market suddenly is saying things aren’t as chipper as they once were.

According to the analysis of the AUD/USD and EUR/USD trader profited on a binary options platform.

Things have been up and down for the pairs throughout the summer. See what this week will bring with this Forex forecast of the majors.

The EUR/USD pair fell during the Friday session as the markets softened before the weekend. The action was bearish but did in fact find a bit of support at the 1.25 level.

The GBP/NZD pair attempted to break through the 1.95 level on the Friday, but was repelled by the sellers in order to form a shooting star.