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

April 30, 2016 2:09 pm
Friday’s trade saw GBP/USD within the range of 1.4577-1.4670. The pair closed at 1.4603, inching down 0.05% on a daily basis. It has been the 12th drop in the past 24 trading days. The daily high has been an exact test of the high from February 4th. In weekly terms, GBP/USD added 1.39% to its […] Read more

Stock Indices: Dow Jones sinks to two-week lows amid a heavy sell-off

April 29, 2016 10:02 am
On Thursday Dow Jones Industrial Average traded within the range of 17,797.58-18,034.97. The benchmark closed at 17,830.76, plummeting 1.17% (210.79 points) on a daily basis. It has been the 25th drop in the past 62 trading days and also the sharpest one since February 11th, when the gauge fell 1.60%. The daily low has been […] Read more

Forex Market: USD/CAD daily trading outlook

April 28, 2016 6:51 am
Yesterday’s trade saw USD/CAD within the range of 1.2572-1.2693. The pair closed at 1.2584, edging down 0.16% on a daily basis. It has been the 41st drop in the past 82 trading days and also a second consecutive one. The daily low has been the lowest level since July 6th 2015, when a low of […] Read more

Forex Market: GBP/USD daily trading outlook

April 28, 2016 6:32 am
Yesterday’s trade saw GBP/USD within the range of 1.4476-1.4619. The pair closed at 1.4539, shedding 0.29% on a daily basis. It has been the 12th drop in the past 24 trading days. The daily low has been an almost exact test of the low from April 26th. GBP/USD has added 1.43% to its value so […] Read more

Forex Market: USD/CAD daily trading outlook

April 27, 2016 6:45 am
Yesterday’s trade saw USD/CAD within the range of 1.2595-1.2685. The pair closed at 1.2612, losing 0.53% on a daily basis. It has been the 40th drop in the past 81 trading days and also the steepest one since April 19th, when the major pair went down 0.89%. The daily low has been an almost exact […] Read more

Forex Market: GBP/USD daily trading outlook

April 27, 2016 6:18 am
Yesterday’s trade saw GBP/USD within the range of 1.4486-1.4638. The pair closed at 1.4573, advancing 0.63% on a daily basis. It has been the 12th gain in the past 23 trading days, a third consecutive one and also the steepest one since April 19th, when the major pair went up 0.81%. The daily high has […] Read more