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Forex Market: GBP/BGN trading outlook for February 22nd

February 20, 2016 3:02 pm
Friday’s trade saw GBP/BGN within the range of 2.5086-2.5322. The pair closed at 2.5315, edging up 0.27% on a daily basis. It has been the 7th gain in the past 15 trading days and also a third consecutive one. In weekly terms, GBP/BGN added 0.39% to its value during the current week. It has been […] Read more

Gold trading outlook: futures slightly retreat ahead of US inflation figures

February 19, 2016 8:35 am
On Thursday gold for delivery in April traded within the range of $1,201.60-$1,239.20. Futures closed at $1,231.40, surging 1.68% on a daily basis. It has been the 9th gain in the past 14 trading days, a second consecutive one and also the sharpest one since February 11th, when the metal added 4.45%. In addition, the […] Read more

Forex Market: USD/CAD edges higher ahead of US, Canadian data string

February 19, 2016 7:48 am
Yesterday’s trade saw USD/CAD within the range of 1.3649-1.3754. The pair closed at 1.3739, rising 0.51% on a daily basis. It has been the 19th gain in the past 33 trading days and also the steepest one since February 5th, when the pair appreciated 1.18%. In addition, the daily low has been the lowest level […] Read more

Forex Market: GBP/USD daily trading outlook

February 18, 2016 7:44 am
Yesterday’s trade saw GBP/USD within the range of 1.4233-1.4342. The pair closed at 1.4282, edging down 0.16% on a daily basis. It has been the 21st drop in the past 33 trading days and also a third consecutive one. The daily low has been the lowest level since February 1st, when a low of 1.4224 […] Read more

Forex Market: EUR/USD daily trading outlook

February 18, 2016 7:23 am
Yesterday’s trade saw EUR/USD within the range of 1.1103-1.1180. The pair closed at 1.1120, shedding 0.22% on a daily basis. It has been the 17th drop in the past 33 trading days and also a fourth consecutive one. The daily low has been the lowest level since February 8th, when a low of 1.1084 was […] Read more

Forex Market: AUD/USD daily trading outlook

February 17, 2016 10:08 am
Yesterdays trade saw AUD/USD within the range of 0.7078-0.7185. The pair closed at 0.7117, edging down 0.29% on a daily basis. It has been the 16th drop in the past 31 trading days and also the steepest one since February 5th, when the pair slumped 1.81%. In addition, the daily high has been the highest […] Read more