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Forex Market: USD/CAD daily trading outlook

April 12, 2016 7:47 am
Yesterday’s trade saw USD/CAD within the range of 1.2885-1.3016. The pair closed at 1.2910, going down 0.60% on a daily basis. It has been the 33rd drop in the past 70 trading days and also a second consecutive one. The daily low has been the lowest level since March 31st, when a low of 1.2853 […] Read more

Forex Market: USD/CAD daily trading outlook

April 11, 2016 7:22 am
Friday’s trade saw USD/CAD within the range of 1.2953-1.3144. The pair closed at 1.2979, plummeting 1.26% on a daily basis. It has been the 32nd drop in the past 69 trading days and also the sharpest one since March 16th, when the pair went down 1.92%. The daily low has been the lowest level since […] Read more

Forex Market: GBP/USD daily trading outlook

April 11, 2016 6:28 am
Friday’s trade saw GBP/USD within the range of 1.4041-1.4140. The pair closed at 1.4124, going up 0.48% on a daily basis. It has been the 31st gain in the past 70 trading days and also the steepest one since March 29th, when the pair went up 0.92%. The daily low has been a lower-low test […] Read more

Forex Market: GBP/BGN trading outlook for April 11th

April 10, 2016 8:22 am
Friday’s trade saw GBP/BGN within the range of 2.4172-2.4283. The pair closed at 2.4230, edging up 0.28% on a daily basis. It has been the 9th gain in the past 22 trading days and also the steepest one since March 28th, when the pair went up 0.51%. In weekly terms, GBP/BGN lost 0.85% of its […] Read more

Forex Market: AUD/USD trading outlook for April 11th

April 9, 2016 4:54 pm
Friday’s trade saw AUD/USD within the range of 0.7509-0.7580. The pair closed at 0.7556, soaring 0.71% on a daily basis. It has been the 10th gain in the past 22 trading days. In weekly terms, AUD/USD lost 1.49% of its value during the current week. It has been the 6th drop in the past 14 […] Read more

Gold trading outlook: futures edge lower on recovering US dollar

April 8, 2016 8:05 am
On Thursday gold for delivery in June traded within the range of $1,224.60-$1,242.90. Futures closed at $1,236.20, going up 1.12% on a daily basis. It has been the 24th gain in the past 47 trading days and also the sharpest one since March 29th, when the yellow metal added 1.29% to its value. In addition, […] Read more

Forex Market: USD/CAD daily trading outlook

April 8, 2016 6:45 am
Yesterday’s trade saw USD/CAD within the range of 1.3014-1.3181. The pair closed at 1.3145, edging up 0.43% on a daily basis. It has been the 37th gain in the past 68 trading days. The daily high has been a lower-high test of the high from April 6th. USD/CAD has increased its advance to 0.78% so […] Read more

Forex Market: GBP/USD daily trading outlook

April 8, 2016 6:19 am
Yesterday’s trade saw GBP/USD within the range of 1.4044-1.4159. The pair closed at 1.4057, losing 0.45% on a daily basis. It has been the 39th drop in the past 69 trading days and also a third consecutive one. GBP/USD has dropped 2.01% so far during the current month, following a 3.20% surge in March. At […] Read more