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Forex Market: GBP/USD daily trading outlook

June 7, 2016 6:38 am
Yesterday’s trade saw GBP/USD within the range of 1.4356-1.4474. The pair closed at 1.4457, retreating 0.43% compared to Fridays close. It has been the 30th drop in the past 52 trading days. The daily low has been the lowest level since May 16th, when a low of 1.4330 was registered. The major pair has edged […] Read more

Forex Market: USD/CAD daily trading outlook

June 6, 2016 8:12 am
Friday’s trade saw USD/CAD within the range of 1.2911-1.3108. The pair closed at 1.2934, plummeting 1.24% on a daily basis. It has been the 53rd drop in the past 109 trading days and also the steepest one since March 16th, when the pair fell 1.92%. In weekly terms, USD/CAD lost 0.65% of its value during […] Read more

Forex Market: GBP/USD daily trading outlook

June 6, 2016 7:33 am
Friday’s trade saw GBP/USD within the range of 1.4397-1.4582. The pair closed at 1.4520, rising 0.66% compared to Thursdays close. It has been the 22nd gain in the past 51 trading days, a second consecutive one and also the steepest one since May 24th, when the pair appreciated 1.04%. In weekly terms, GBP/USD lost 0.72% […] Read more

Forex Market: GBP/BGN trading outlook for June 6th

June 5, 2016 1:42 pm
Friday’s trade saw GBP/BGN within the range of 2.4946-2.5376. The pair closed at 2.4987, plummeting 1.24% on a daily basis. It has been the 10th drop in the past 22 trading days and also the steepest one since January 15th, when the exotic cross fell 1.54%. The daily low has been the lowest level since […] Read more

Forex Market: AUD/NZD trading outlook for June 6th

June 4, 2016 1:29 pm
Friday’s trade saw AUD/NZD within the range of 1.0529-1.0617. The pair closed at 1.0588, edging down 0.21% on a daily basis. It has been the 12th drop in the past 23 trading days and also a fourth consecutive one. In weekly terms, AUD/NZD lost 1.27% of its value during the current week. It has been […] Read more

Forex Market: AUD/USD trading outlook for June 6th

June 4, 2016 12:34 pm
Friday’s trade saw AUD/USD within the range of 0.7224-0.7369. The pair closed at 0.7367, soaring 1.89% on a daily basis. It has been the 11th gain in the past 23 trading days and also the sharpest one since June 2nd, when the pair appreciated 2.17%. The daily high has been an exact test of the […] Read more

Gold trading outlook: futures rebound ahead of US employment numbers

June 3, 2016 8:48 am
On Thursday gold for delivery in August traded within the range of $1,209.00-$1,217.00. Futures closed at $1,210.15, edging down 0.14% compared to Wednesday’s close. It has been the 46th gain in the past 87 trading days and also a second consecutive one. The commodity has dipped 0.05% so far during the current month, following a […] Read more

Forex Market: USD/CAD daily trading outlook

June 3, 2016 7:29 am
Yesterday’s trade saw USD/CAD within the range of 1.3056-1.3144. The pair closed at 1.3096, edging up 0.15% on a daily basis. It has been the 56th gain in the past 108 trading days. The daily high has been the highest level since May 24th, when a high of 1.3191 was registered. The major pair has […] Read more

Forex Market: GBP/USD daily trading outlook

June 3, 2016 6:29 am
Yesterday’s trade saw GBP/USD within the range of 1.4402-1.4473. The pair closed at 1.4405, inching down 0.08% compared to Wednesdays close. It has been the 30th drop in the past 50 trading days and also a third consecutive one. The major pair has lost 0.45% of its value so far in June, following a 0.92% […] Read more