| Updated: 
The EUR/USD continues to trade bullish below the 1.2000 resistance area, amid stronger Euro and weakness in the U.S. dollar. Traders seem to price in the weaker forecast of the U.S. Non-farm employment rate due on Friday. Check out the EUR/USD price forecast to learn more about the trade setup.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Gold trading outlook: prices drop as Fed seen hawkish Gold prices reached a two-month low during early trade in Europe today, as investors priced in remarks of an earlier rate hike in Feds July minutes, boosting the US dollar. Ongoing conflicts in Ukraine and the Middle East prompted some safe […]
USD/CHF remained lower, FED decision in market focus On Tuesday US dollar was lower versus the Swiss franc, as markets were focused on FEDs decision whether reduction of scale of easing was due in the coming months.USD/CHF pair hit 0.9264 during European trade, currently the session low, […]
Forex Market: GBP/USD daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.5850 - 1.5623 to settle 1.18% higher at 1.5833, rising for a fourth straight day.
At 07:13 GMT today GBP/USD was up 0.01% for the day to trade at 1.5835. The cross held in a daily range […]
Grain futures mixed, soybeans reverse six days of gains Grain futures were mixed on Thursday with soybeans falling, while wheat rose and corn was fairly unchanged. Advancing U.S. harvest and favorable weather outlook throughout most of the worlds major growing areas pressured prices.On the […]
Stock Indices: Dow Jones rises at the sharpest rate in almost one month On Monday Dow Jones Industrial Average traded within the range of 16,502.10-16,798.37. The benchmark closed at 16,776.43, surging 1.85% (304.06 points) on a daily basis and marking a second trading day of gains in a row. It has been the […]
Forex Market: EUR/CAD daily trading forecast Yesterday’s trade saw EUR/CAD within the range of 1.3468-1.3677. The pair closed at 1.3558, down 0.71% on a daily basis, or the first loss in four trading days.At 8:28 GMT today EUR/CAD was down 0.16% for the day to trade at 1.3533. The […]