Miroslav Marinoff | Trading Pedia

Forex Market: GBP/USD daily trading outlook

May 5, 2016 6:56 am

Yesterday’s trade saw GBP/USD within the range of 1.4462-1.4572. The pair closed at 1.4505, shedding 0.20% on a daily basis. It has been the 14th drop in the past 29 trading days and also a second consecutive one. The daily low has been the lowest level since April 25th, when a low of 1.4400 was […] Read more

Stock Indices: Dow Jones lower at Tuesday’s close, as Chinese manufacturing activity shrinks a 14th month, while RBA axes cash rate

May 4, 2016 9:29 am

On Tuesday Dow Jones Industrial Average traded within the range of 17,671.02-17,857.67. The benchmark closed at 17,750.91, retreating 0.78% (140.25 points) on a daily basis. It has been the 27th drop in the past 65 trading days and also the sharpest one since April 28th, when the gauge plummeted 1.17%. The daily low has been […] Read more

Gold trading outlook: futures retreat from 21-month highs ahead of US data string

May 4, 2016 8:29 am

On Tuesday gold for delivery in June traded within the range of $1,284.50-$1,301.50. Futures closed at $1,288.70, edging down 0.46% from Monday’s close. It has been the 30th drop in the past 64 trading days. The daily high has been a lower-high test of the high from May 2nd, while the latter is also a […] Read more

Forex Market: USD/CAD daily trading outlook

May 4, 2016 7:16 am

Yesterday’s trade saw USD/CAD within the range of 1.2461-1.2732. The pair closed at 1.2702, surging 1.38% on a daily basis. It has been the 43rd gain in the past 86 trading days and also the sharpest daily move since July 15th 2015, when USD/CAD advanced 1.49%. The daily high has been the highest level since […] Read more

Forex Market: GBP/USD daily trading outlook

May 4, 2016 6:47 am

Yesterday’s trade saw GBP/USD within the range of 1.4530-1.4769. The pair closed at 1.4548, plummeting 0.85% on a daily basis. It has been the 13th drop in the past 28 trading days and also the sharpest one since April 1st, when the major pair depreciated 0.95%. The daily low has been the lowest level since […] Read more

Stock Indices: Dow Jones rebounds during the first May session, Home Depot, Microsoft support

May 3, 2016 9:49 am

On Monday Dow Jones Industrial Average traded within the range of 17,774.05-17,912.29. The benchmark closed at 17,891.16, rising 0.66% (117.52 points) on a daily basis. It has been the 38th gain in the past 64 trading days and also the sharpest one since April 13th, when the gauge advanced 1.06%. The daily high has been […] Read more

Gold trading outlook: futures trade close to highs unseen since August 2014, the bullish move may extend

May 3, 2016 8:01 am

On Monday gold for delivery in June traded within the range of $1,289.50-$1,305.95. Futures closed at $1,291.70, edging up 0.20% from Fridays close. It has been the 34th gain in the past 63 trading days and also a sixth consecutive one. The daily high has been the highest price level since August 15th 2014, when […] Read more

Forex Market: USD/CAD daily trading outlook

May 3, 2016 6:53 am

Yesterday’s trade saw USD/CAD within the range of 1.2513-1.2563. The pair closed at 1.2531, edging down 0.17% on a daily basis. It has been the 43rd drop in the past 85 trading days. The daily low has been a higher-low test of the 10-month low registered on April 29th. In weekly terms, USD/CAD lost 0.92% […] Read more

Gold trading outlook: futures advance to highs unseen since January 2015 ahead of US manufacturing data, weak dollar

May 2, 2016 8:03 am

On Friday gold for delivery in June traded within the range of $1,267.20-$1,295.50. Futures closed at $1,289.20, going up 1.87% on a daily basis. It has been the 33rd gain in the past 62 trading days, a fifth consecutive one and also the sharpest one since March 17th, when the commodity went up 2.86%. The […] Read more

Forex Market: GBP/BGN trading outlook for May 2nd

May 1, 2016 3:11 pm

Friday’s trade saw GBP/BGN within the range of 2.4927-2.5212. The pair closed at 2.4950, falling 0.89% on a daily basis. It has been the 7th drop in the past 21 trading days and also the sharpest one since April 1st, when the pair depreciated 0.99%. The daily low has been the lowest level since April […] Read more