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Gold trading outlook: futures fall before the key NFP report

October 1, 2015 8:01 am
On Wednesday gold for delivery in December traded within the range $1,112.10-$1,126.00. Futures closed at $1,115.50, falling 1.03% on a daily basis and marking a fourth consecutive day of losses. The daily low has been the lowest level for the commodity since September 16th, when it traded as low as $1,109.80. On the Comex division […] Read more

Forex Market: GBP/USD daily trading forecast

October 1, 2015 7:00 am
Yesterday’s trade saw GBP/USD within the range of 1.5105-1.5214. The pair closed at 1.5129, down 0.15% on a daily basis, while marking the ninth consecutive trading day of decline. The daily low has been the lowest level since May 5th, when the cross registered a low of 1.5087. At 6:56 GMT today GBP/USD was down […] Read more

Forex Market: EUR/USD daily trading forecast

October 1, 2015 6:20 am
Yesterday’s trade saw EUR/USD within the range of 1.1156-1.1262. The pair closed at 1.1177, losing 0.64% on a daily basis, or the most considerable daily decline since September 21st, when it depreciated 0.90%. The daily low has been the lowest level since September 28th, when the cross registered a low of 1.1146. At 6:16 GMT […] Read more

Forex Market: USD/CAD daily trading forecast

September 30, 2015 9:42 am
Yesterday’s trade saw USD/CAD within the range of 1.3368-1.3458. The pair closed at 1.3421, up 0.16% on a daily basis, while marking a third straight trading day of gains. It has been the most modest daily rate of increase since September 22nd. In addition, the daily high has been the highest level since June 30th […] Read more

Stock Indices: Dow Jones rises on Tuesday after its sharpest daily drop in a month

September 30, 2015 8:41 am
On Tuesday Dow Jones Industrial Average traded within the range 15,942.37-16,118.89. The benchmark closed at 16,049.13, gaining 0.30% (47.24 points) on a daily basis. The daily low has been the lowest level since August 26th, when the average slipped as low as 15,676.26. On September 28th the gauge of blue chip companies plunged 1.92% at […] Read more

Forex Market: GBP/USD daily trading forecast

September 30, 2015 6:55 am
Yesterday’s trade saw GBP/USD within the range of 1.5126-1.5208. The pair closed at 1.5151, shedding 0.15% on a daily basis, while marking its eighth consecutive trading day of losses. The daily low has been the lowest level since May 5th, when the cross registered a low of 1.5087. At 6:51 GMT today GBP/USD was up […] Read more

Forex Market: EUR/USD daily trading forecast

September 30, 2015 6:20 am
Yesterday’s trade saw EUR/USD within the range of 1.1192-1.1285. The pair closed at 1.1249, ticking up 0.04% on a daily basis, while extending gains from Monday. The daily high has been the highest level since September 24th, when the cross registered a high of 1.1296. At 6:17 GMT today EUR/USD was losing 0.17% for the […] Read more

Forex Market: NZD/USD daily trading forecast

September 29, 2015 9:41 am
Yesterday’s trade saw NZD/USD within the range of 0.6320-0.6407. The pair closed at 0.6329, losing 0.70% on a daily basis. It has been the first drop in the past three trading days and also the steepest one since September 21st, when the pair slid 0.99%. The daily high has been the highest level since September […] Read more

Forex Market: USD/CAD daily trading forecast

September 29, 2015 8:40 am
Yesterday’s trade saw USD/CAD within the range of 1.3314-1.3399. The pair closed at 1.3399, up 0.46% on a daily basis, while extending gains from Friday. The daily high has been the highest level since September 24th, when the cross registered a high of 1.3418, or a level unseen since June 30th. At 8:34 GMT today […] Read more

Forex Market: GBP/USD daily trading forecast

September 29, 2015 7:19 am
Yesterday’s trade saw GBP/USD within the range of 1.5155-1.5243. The pair closed at 1.5174, down 0.18% on a daily basis, while marking the seventh consecutive trading day of losses. In weekly terms, GBP/USD plummeted 2.25%, which has been the sharpest weekly loss since the week ended on March 8th 2015, when the cross depreciated 2.57%. […] Read more