Forex Daily Forecast, Analysis and Prediction

Get the Forex forecast learning about quant vs chart reading for the week of March 30, 2015 here.

Get the weekly Forex forecast for the week of March 29, 2015 here.

Gold prices advanced to their highest levels since early March as concerns over escalating tensions in the Middle East hammered stocks and sent market players toward safety plays.

The EUR/USD pair tried to rally during the course of the day on Thursday, but found far too much in the way of bearish pressure above the 1.10 level yet again.

The USD/CAD pair initially fell during the course of the session on Thursday, but as you can see found enough support near the 1.24 level to turn things back around and form a nice-looking hammer.

The EUR/CAD pair broke down during the session on Thursday, clearing the bottom of the shooting star that had formed on Wednesday.

The USD/JPY pair fell hard during the course of the session on Thursday, but as you can see found enough support at the 118 level to turn things back around and form a nice-looking hammer.

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Check out the USD/CAD Forex signal for March 26, 2015 here.

Check out the USD/JPY Forex signal for March 26, 2015 here.

Get the GBP/USD Forex signal for March 26, 2015 here.

Check out the EUR/USD Forex signal for March 26, 2015 here.

The EUR/USD pair tried to rally during the course of the day on Wednesday, but as you can see struggled at the 1.10 level and pulled back to form a shooting star.

The USD/ZAR pair fell initially during the session on Wednesday, but found quite a bit of support at the 11.75 level, an area that has been resistive and supportive recently.

The USD/NOK pair fell initially during the session on Wednesday, but as you can see bounced from these 7.7980 region for the second day in a row, this time forming a hammer.