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Forex Market: AUD/USD trading outlook for March 14th

March 12, 2016 5:16 pm
Friday’s trade saw AUD/USD within the range of 0.7447-0.7583. The pair closed at 0.7564, soaring 1.48% on a daily basis. It has been the 8th gain in the past 10 trading days and also the steepest one since March 2nd, when the pair went up 1.66%. The daily high has been the highest level since […] Read more

Forex Market: USD/CAD daily trading outlook

March 11, 2016 7:47 am
Yesterday’s trade saw USD/CAD within the range of 1.3228-1.3399. The pair closed at 1.3338, appreciating 0.66% on a daily basis. It has been the 25th gain in the past 48 trading days. The daily low was a higher-low test of the low from March 9th, while the latter has been the lowest level since November […] Read more

Forex Market: GBP/USD daily trading outlook

March 11, 2016 7:28 am
Yesterday’s trade saw GBP/USD within the range of 1.4116-1.4322. The pair closed at 1.4284, rising 0.46% on a daily basis. It has been the 22nd gain in the past 49 trading days and also a second consecutive one. The daily low has been the lowest level since March 4th, when a low of 1.4105 was […] Read more

Stock Indices: Dow Jones rebounds, supported by Chevron, a surge in oil prices

March 10, 2016 9:55 am
On Wednesday Dow Jones Industrial Average traded within the range of 16,947.94-17,047.86. The benchmark closed at 16,998.65, gaining 0.20% (34.55 points) on a daily basis. It has been the 14th gain in the past 27 trading days. The blue-chip gauge has increased its advance to 2.92% so far during the current month, after going up […] Read more

Forex Market: USD/CAD daily trading outlook

March 10, 2016 7:50 am
Yesterday’s trade saw USD/CAD within the range of 1.3224-1.3447. The pair closed at 1.3250, plummeting 1.19% on a daily basis. It has been the 23rd drop in the past 47 trading days and also the sharpest one since February 25th, when the pair fell 1.25%. The daily low has been the lowest level since November […] Read more

Forex Market: GBP/USD daily trading outlook

March 10, 2016 7:21 am
Yesterday’s trade saw GBP/USD within the range of 1.4174-1.4244. The pair closed at 1.4207, inching down 0.06% on a daily basis. It has been the 28th drop in the past 48 trading days and also a second consecutive one. GBP/USD has added 1.95% to its value so far during the current month, following four consecutive […] Read more