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Forex Market: USD/JPY daily trading forecast

December 24, 2014 9:25 am
Yesterday’s trade saw USD/JPY within the range of 119.98-120.83. The daily high was the highest level since December 9th. The pair closed at 120.69, gaining 0.52% on a daily basis. At 9:23 GMT today USD/JPY was down 0.22% for the day to trade at 120.43. The pair touched a daily low at 120.28 at 5:45 […] Read more

Forex Market: EUR/NZD daily trading forecast

December 22, 2014 11:10 am
Friday’s trade saw EUR/NZD within the range of 1.5738-1.5841. The pair closed at 1.5778, losing 0.30% on a daily basis. At 11:04 GMT today EUR/NZD was up 0.04% for the day to trade at 1.5801. The pair broke the first key daily resistance level and touched a daily high at 1.5862 at 7:55 GMT. Fundamentals […] Read more

Forex Market: NZD/USD daily trading forecast

December 22, 2014 9:06 am
Friday’s trade saw NZD/USD within the range of 0.7736-0.7796. The pair closed at 0.7741, losing 0.20% on a daily basis. At 9:05 GMT today NZD/USD was up 0.18% for the day to trade at 0.7752. The pair touched a daily high at 0.7754. Fundamentals New Zealand Trade Balance The deficit on New Zealands balance of […] Read more

Forex Market: EUR/USD daily trading forecast

December 22, 2014 8:25 am
Friday’s trade saw EUR/USD within the range of 1.2220-1.2302. The pair closed at 1.2226, losing 0.49% on a daily basis. At 8:13 GMT today EUR/USD was up 0.30% for the day to trade at 1.2258. The pair touched a daily high at 1.2268. Fundamentals Euro zone Consumer Confidence Confidence among consumers in the Euro area […] Read more

Forex Market: EUR/GBP daily trading forecast

December 22, 2014 7:56 am
Friday’s trade saw EUR/GBP within the range of 0.7812-0.7858. The pair closed at 0.7822, losing 0.20% on a daily basis. At 7:48 GMT today EUR/GBP was up 0.19% for the day to trade at 0.7833. The pair touched a daily high at 0.7839. Fundamentals Euro zone Consumer Confidence Confidence among consumers in the Euro area […] Read more

Forex Market: USD/SEK trading forecast for Monday

December 21, 2014 8:23 am
Friday’s trade saw USD/SEK within the range of 7.6670-7.7573. The pair closed at 7.7407, gaining 0.54% on a daily basis and 2.58% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Forex Market: USD/JPY trading forecast for Monday

December 21, 2014 7:44 am
Friday’s trade saw USD/JPY within the range of 118.80-119.64. The pair closed at 119.50, gaining 0.56% on a daily basis and 0.59% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Forex Market: USD/DKK trading forecast for Monday

December 20, 2014 8:21 am
Friday’s trade saw USD/DKK within the range of 6.0451-6.0873. The pair closed at 6.0841, gaining 0.46% on a daily basis and 1.85% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Forex Market: USD/MXN daily trading forecast

December 19, 2014 8:54 am
Yesterday’s trade saw USD/MXN within the range of 14.4422-14.6037. The pair closed at 14.5765, gaining 0.08% on a daily basis. At 8:48 GMT today USD/MXN was up 0.09% for the day to trade at 14.5938. The pair touched a daily high at 14.5960. Fundamentals Mexico Unemployment rate The rate of unemployment in Mexico probably fell […] Read more

Forex Market: USD/CAD daily trading forecast

December 19, 2014 8:32 am
Yesterday’s trade saw USD/CAD within the range of 1.1565-1.1647. The pair closed at 1.1576, losing 0.47% on a daily basis. At 8:19 GMT today USD/CAD was up 0.01% for the day to trade at 1.1580. The pair touched a daily high at 1.1589. Fundamentals Canada Consumer inflation The annualized consumer inflation in Canada probably decelerated […] Read more