Forex Daily Forecast, Analysis and Prediction

The USD/NOK pair fell during the course of the session on Tuesday, as we broke down below the bottom of the shooting star from Monday.

The AUD/NZD pair fell initially during the course of the day on Tuesday, but found quite a bit of buying below the 1.10 level to turn things back around and form a hammer.

The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.52 level to be far too resistive to continue going higher.

The CAD/CHF pair initially fell during the course of the session on Tuesday, but found enough support near the 0.72 level to turn things back around and form a bit of a hammer.

Gold prices dropped for a third day and settled at $1127.18 an ounce, losing $4.77, as upbeat U.S. economic data fanned concerns about higher interest rates.

Get the NZD/USD Forex signal for September 29, 2015 here.

Get the AUD/USD Forex signal for September 29, 2015 here.

Get the USD/JPY Forex signal for the September 29, 2015 here.

Get the USD/CHF Forex Signal for September 29, 2015 here.

Get the GBP/USD Forex signal for September 29, 2015 here.

Get the EUR/USD Forex signal for September 29, 2015 here.

Gold prices dropped $13.57 an ounce yesterday, extending losses into a second session, as concern about the strength of the global economy and the timing of a U.S. interest rate hike kept pressure on commodity prices.

The EUR/USD pair initially fell during the course of the session on Monday, but found enough support to turn things back around and form a fairly positive candle.

The GBP/USD pair initially broke higher during the course of the session on Monday, but turned back around to form a fairly negative looking shooting star by the time we closed.

The EUR/CAD pair broke higher during the course of the session on Monday, as we continue to see buyers step in and pushes the market higher.