Forex Daily Forecast, Analysis and Prediction

Get the GBP/USD Forex signal for June 12, 2017 here.

Get the EUR/USD Forex signal for June 12, 2017 here.

Gold prices settled at $1266.63 an ounce on Friday, suffering a loss of 1.03% on the week, as uncertainty in financial markets fueled by the British election and tensions in the Middle East was not enough for the bulls to overtake the bears.

Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for June 12, 2017

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 12, 2017.

Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of June 12, 2017 here.

The EUR/USD pair for sold off during the day on Thursday after the markets had too much in the way of headline risk to feel comfortable shorting the US dollar.

The WTI Crude Oil market had a volatile session on Thursday, going back and forth several times. Natural gas markets went back and forth during the day as well, ultimately settling on a relatively neutral candle.

The US dollar initially fell against the Japanese yen, as we continue to see bearish pressure, but there is a gap that has now been filled from a couple of months ago, and the market has gone to test the 200-exponential moving average.

The S&P 500 was volatile during the session on Thursday, as we had congressional hearings, the UK election, and of course the ECB press conference.

Gold prices fell 0.7% yesterday, extending their losses to a second straight session, as renewed strength in the U.S. dollar dampened demand for the precious metal.

Get the NZD/USD Forex signal for June 8, 2017 here.

Get the AUD/USD Forex signal for June 8, 2017 here.

Get the USD/JPY Forex signal for June 8, 2017 here.

The Euro initially fell during the trading session on Wednesday, and then bounced again, only to fall again and then bounced yet again.