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Forex Market: USD/MXN daily trading forecast

January 8, 2015 8:35 am
Yesterday’s trade saw USD/MXN within the range of 14.6830-14.9157. The pair closed at 14.7130, losing 1.21% on a daily basis. At 8:30 GMT today USD/MXN was down 0.18% for the day to trade at 14.6896. The pair broke the first key weekly support level and touched a daily low at 14.6864 at 8:15 GMT. Fundamentals […] Read more

Forex Market: USD/CAD daily trading forecast

January 8, 2015 8:18 am
Yesterday’s trade saw USD/CAD within the range of 1.1809-1.1876. The daily high has also been the highest level since May 4th 2009. The pair closed at 1.1814, losing 0.19% on a daily basis. At 8:14 GMT today USD/CAD was up 0.05% for the day to trade at 1.1824. The pair touched a daily high at […] Read more

Forex Market: EUR/USD daily trading forecast

January 8, 2015 7:50 am
Yesterday’s trade saw EUR/USD within the range of 1.1800-1.1899. The daily low has also been the lowest level since December 30th 2005. The pair closed at 1.1840, losing 0.41% on a daily basis. At 7:47 GMT today EUR/USD was down 0.22% for the day to trade at 1.1813. The pair broke the first two key […] Read more

Forex Market: EUR/GBP daily trading forecast

January 8, 2015 7:14 am
Yesterday’s trade saw EUR/GBP within the range of 0.7811-0.7856. The pair closed at 0.7835, losing 0.14% on a daily basis. At 7:10 GMT today EUR/GBP was down 0.03% for the day to trade at 0.7832. The pair touched a daily low at 0.7830 at 7:09 GMT. Fundamentals Euro zone Retail Sales Annualized retail sales in […] Read more

Forex Market: USD/JPY daily trading forecast

January 7, 2015 8:16 am
Yesterday’s trade saw USD/JPY within the range of 118.04-119.64. The daily low has been the lowest level since December 17th. The pair closed at 118.41, losing 1.03% on a daily basis. At 8:13 GMT today USD/JPY was up 0.56% for the day to trade at 119.11. The pair touched a daily high at 119.25 at […] Read more

Forex Market: USD/CAD daily trading forecast

January 7, 2015 7:46 am
Yesterday’s trade saw USD/CAD within the range of 1.1731-1.1840. The pair closed at 1.1836, gaining 0.63% on a daily basis. At 7:44 GMT today USD/CAD was down 0.04% for the day to trade at 1.1830. The pair touched a daily low at 1.1823. Fundamentals United States Change in employment Employers in the US non-farm private […] Read more

Forex Market: EUR/USD daily trading forecast

January 7, 2015 7:25 am
Yesterday’s trade saw EUR/USD within the range of 1.1883-1.1969. The pair closed at 1.1889, losing 0.37% on a daily basis. At 7:21 GMT today EUR/USD was down 0.10% for the day to trade at 1.1878. The pair broke the first key daily and the first key weekly support levels and touched a daily low at […] Read more

Forex Market: EUR/GBP daily trading forecast

January 7, 2015 7:13 am
Yesterday’s trade saw EUR/GBP within the range of 0.7820-0.7874. The pair closed at 0.7847, gaining 0.31% on a daily basis. At 7:11 GMT today EUR/GBP was down 0.07% for the day to trade at 0.7840. The pair touched a daily low at 0.7828. Fundamentals Euro zone German unemployment The number of the unemployed people in […] Read more

Forex Market: USD/BRL daily trading forecast

January 6, 2015 8:31 am
Yesterday’s trade saw USD/BRL within the range of 2.6931-2.7309. The pair closed at 2.7064, gaining 0.44% on a daily basis. At 8:22 GMT today USD/BRL was down 0.01% for the day to trade at 2.7063. The pair touched a daily low at 2.7058 during early Asian trade. Fundamentals United States ISM Services data Activity in […] Read more

Forex Market: USD/CAD daily trading forecast

January 6, 2015 7:50 am
Yesterday’s trade saw USD/CAD within the range of 1.1743-1.1841. The pair closed at 1.1759, losing 0.28% on a daily basis. At 7:42 GMT today USD/CAD was down 0.05% for the day to trade at 1.1755. The pair touched a daily low at 1.1731. Fundamentals United States ISM Services data Activity in United States’ sector of […] Read more