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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

Forex Market: USD/CAD daily trading outlook

April 26, 2016 7:40 am
Yesterday’s trade saw USD/CAD within the range of 1.2658-1.2717. The pair closed at 1.2677, inching up 0.06% on a daily basis. It has been the 41st gain in the past 80 trading days. USD/CAD has depreciated 2.58% so far during the current month, following two consecutive months of decline. At 7:38 GMT today USD/CAD was […] Read more

Forex Market: GBP/USD daily trading outlook

April 26, 2016 7:07 am
Yesterday’s trade saw GBP/USD within the range of 1.4404-1.4520. The pair closed at 1.4487, advancing 0.58% on a daily basis. It has been the 11th gain in the past 22 trading days and also a second consecutive one. The daily high has been the highest level since February 15th, when a high of 1.4537 was […] Read more

Gold trading outlook: futures rebound from Friday lows, upside seems limited

April 25, 2016 8:31 am
On Friday gold for delivery in June traded within the range of $1,228.00-$1,248.50. Futures closed at $1,228.70, retreating 1.63% on a daily basis. It has been the 29th drop in the past 58 trading days, a third consecutive one and also the steepest one since April 14th, when the yellow metal plummeted 1.75%. The daily […] Read more

Forex Market: USD/CAD daily trading outlook

April 25, 2016 7:23 am
Friday’s trade saw USD/CAD within the range of 1.2618-1.2760. The pair closed at 1.2670, losing 0.52% on a daily basis. It has been the 39th drop in the past 79 trading days. The daily low has been the lowest level since April 20th, when a low of 1.2590 was registered. In weekly terms, USD/CAD depreciated […] Read more

Forex Market: GBP/USD daily trading outlook

April 25, 2016 6:47 am
Friday’s trade saw GBP/USD within the range of 1.4310-1.4451. The pair closed at 1.4403, advancing 0.56% on a daily basis. It has been the 10th gain in the past 21 trading days. The daily high has been the highest level since March 30th, when a high of 1.4460 was registered. In weekly terms, GBP/USD appreciated […] Read more

Forex Market: GBP/BGN trading outlook for April 25th

April 24, 2016 9:00 am
Friday’s trade saw GBP/BGN within the range of 2.4741-2.5145. The pair closed at 2.5103, surging 1.14% on a daily basis. It has been the 14th gain in the past 22 trading days and also the sharpest one since October 22nd 2015, when the pair advanced 1.90%. The daily high has been the highest level since […] Read more