Forex Daily Forecast, Analysis and Prediction

Get the USD/JPY forecast for the month of March 2015 here.

Get the Forex forecast learning about quant vs chart reading for the week of March 1, 2015 here.

Begin the month of March 2015 with a weekly forecast for some of the major Forex pairs here.

Gold prices climbed for a second day and settled at $1209.08 an ounce, gaining $4.93, on hopes that the Federal Reserve will not be in a hurry to hike rates.

The GBP/USD pair fell rather hard during the session on Thursday, as the 1.55 level continues to offer significant resistance.

The EUR/USD pair fell hard during the session on Thursday, breaking well below the 1.12 level.

The EUR/GBP pair initially tried to rally on Thursday, but fell significantly from there.

The AUD/USD pair initially tried to rally during the course of the day on Thursday, but ran into quite a bit of resistance at the 0.79 level.

Get the USD/JPY Forex signal for February 26, 2015 here.

Get the USD/CHF Forex signal for February 26, 2015 here.

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

Get the EUR/USD Forex signal for February 26, 2015 here.

Gold advanced for the first time in five sessions as easing concerns about the timing of future interest rate hikes lured some investors back into the market.

The EUR/GBP pair has made a fresh new low during the Wednesday session, as we continue to see weakness in this market.

The USD/CAD pair fell initially during the session on Wednesday, but as you can see found support below the 1.24 level yet again, so having said that it looks as if the hammer that was formed during the day just simply suggests that the consolidation should continue.