Daily Forex Market Analyses and Forecast

USD/JPY Price Forecast, Sept 11 – Symmetric Triangle Pattern In-Play

  The USD/JPY pair hasn’t been able to violate the symmetric triangle pattern so far as it’s providing solid resistance at 106.300 and support at 106 level. The U.S. CPI figures may help to drive some price action during the New York session. Checkout the USD/JPY price forecast to learn more about the trade setup. Read more

Bitcoin Price Forecast, Sept 11 – Bitcoin Unchanged, Choppy Trading Continues!

  Bitcoin, the leading cryptocurrency, extends its sideways trading for another day. The BTC/USD pair continues to follow a narrow trading range of 10,430 to 9,945 level. A bearish breakout 9,945 level may trigger selling until 9,346 level — checkout the Bitcoin price forecast to learn more about the trade setup. Read more

Gold Price Forecast, Sept 11 – Gold Set to Violate Upward Channel

  The precious metal gold has violated the upward channel at 1,940 level, and now it may head further lower towards the next support area of 1,922. On the higher side, resistance continues to stay at 1,952 level today. Checkout the Gold price forecast to learn more about the trade setup. Read more

Gold Price Forecast, Sept 10 – Dip in the U.S. Tech Stocks Underpin Gold!

  The precious metal gold prices continue to trade bullish at 1,947 level amid sell-off in tech stocks such as amazon, Facebook and apple. For now, the violation of 1,950 resistance may offer us a quick buy trade — checkout the Gold price forecast to learn more about the trade setup. Read more

Bitcoin Price Forecast, Sept 10 – Bitcoin Choppy Session Continues, What’s Next?

  The leading cryptocurrency pair BTC/USD continues to trade sideways within a narrow trading range of 10,430 to 9945 level. On the lower side, the Bitcoin price may drop until 9,346 level upon the violation if an immediate support level of 9,948 level — checkout the Bitcoin price forecast to learn more about the trade […] Read more

Daily Forex Forecast, Sept 10 – USD/JPY Symmetric Triangle Pattern in Play!

  The USD/JPY is trading sideways within a narrow trading range of 106.300 to 105.800 level. The pair has formed a symmetric triangle pattern, and violation of this pattern may determine the next movement in the USD/JPY pair. Checkout the USD/JPY price forecast to learn more about the trade setup. Read more

Daily Forex Forecast, Sept 09 – Overbought USD/CAD is Set for BOC Policy Decision!

  The USD/CAD has entered the overbought zone at 1.3225 level and has closed Doji and Spinning top candles below the strong resistance level of 1.3262 level. It seems like traders are bracing for the Bank of Canada monetary policy decisions. Checkout the USD/CAD price forecast to learn more about the trade setup. Read more

Bitcoin Analysis, Sept 09 – Choppy Trading Continues, Brace for Breakout

  On Wednesday, the leading cryptocurrency pair hasn’t changed a lot and it continues trading with neutral bias at 10,221 level, having an immediate support at 9,930 level that’s extended by triple bottom support. On the lower side, the Bitcoin price may drop until 9,346 level upon the violation if an immediate support level of […] Read more

Gold Price Forecast, Sept 09 – Tug of War between Bulls and Bears!

  The yellow metal gold prices continue to trade sideways around 1,929 level, holding below 1,940 and above 1,923 level. What are the major factors impacting gold prices today, and what is likely to be the gold price forecast? Find answers in a gold forecast video above. Good luck! Read more

Daily Forex Analysis, Sept 08 – GBP/USD Enters Oversold Zone, Buy Signal

  The GBP/USD pair took a sharp bearish turn to trade at 1.3040 level amid a stronger U.S. dollar. However, the pair has entered the oversold zone, and it’s also testing the triple bottom support level. Is there any trade setup that we can trade right now? Of course, there is. Check out our forex […] Read more