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Forex Market: USD/TRY daily trading forecast

December 9, 2014 7:33 am
Yesterday’s trade saw USD/TRY within the range of 2.2558-2.2822. The pair closed at 2.2686, gaining 0.39% on a daily basis. At 7:30 GMT today USD/TRY was down 0.10% for the day to trade at 2.2664. The pair touched a daily low at 2.2658 at 7:31 GMT. Fundamentals United States Job Openings and Labor Turnover Survey […] Read more

Forex Market: EUR/GBP daily trading forecast

December 9, 2014 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7835-0.7903. The pair closed at 0.7869, losing 0.37% on a daily basis. At 7:13 GMT today EUR/GBP was up 0.03% for the day to trade at 0.7874. The pair touched a daily high at 0.7882 at 6:20 GMT. Fundamentals Euro zone French balance of trade The deficit […] Read more

Forex Market: USD/CAD daily trading forecast

December 8, 2014 8:44 am
Friday’s trade saw USD/CAD within the range of 1.1380-1.1476. The pair closed at 1.1435, gaining 0.46% on a daily basis. At 8:38 GMT today USD/CAD was up 0.10% for the day to trade at 1.1448. The pair touched a daily high at 1.1459. Fundamentals Canada Housing data Housing starts in Canada probably rose to the seasonally […] Read more

Forex Market: EUR/GBP daily trading forecast

December 8, 2014 7:47 am
Friday’s trade saw EUR/GBP within the range of 0.7850-0.7923. The pair closed at 0.7882, losing 0.20% on a daily basis. At 7:42 GMT today EUR/GBP was up 0.14% for the day to trade at 0.7895. The pair touched a daily high at 0.7901. Fundamentals Euro zone Sentix Investor Sentiment Confidence among investors in the Euro […] Read more

Forex Market: EUR/CHF daily trading forecast

December 8, 2014 7:32 am
Friday’s trade saw EUR/CHF within the range of 1.2020-1.2030. The pair closed at 1.2021, unchanged on a daily basis. At 7:27 GMT today EUR/CHF was up 0.03% for the day to trade at 1.2026. The pair broke the first key daily resistance and touched a daily high at 1.2029. Fundamentals Euro zone Sentix Investor Sentiment […] Read more

Forex Market: EUR/USD trading forecast for Monday

December 7, 2014 6:44 am
Friday’s trade saw EUR/USD within the range of 1.2271-1.2393. The daily low has also been the lowest level since August 16th 2012. The pair closed at 1.2379, gaining 0.01% on a daily basis, while losing 0.58% for the whole week. Fundamentals Euro zone German industrial output Germanys seasonally adjusted index of industrial production probably fell […] Read more

Forex Market: EUR/JPY trading forecast for Monday

December 6, 2014 3:17 pm
Friday’s trade saw EUR/JPY within the range of 148.25-149.51. The pair closed at 148.27, gaining 0.01% on a daily basis and 0.29% for the whole week. Fundamentals Euro zone German industrial output Germanys seasonally adjusted index of industrial production probably fell 0.2% in October compared to a month ago, according to market expectations, following a […] Read more

Forex Market: USD/MXN daily trading forecast

December 5, 2014 10:41 am
Yesterday’s trade saw USD/MXN within the range of 14.0784-14.1656. The pair closed at 14.1547, gaining 0.40% on a daily basis. At 10:40 GMT today USD/MXN was up 0.03% for the day to trade at 14.1600. The pair touched a daily high at 14.1700. Fundamentals United States Change in non-farm payrolls, unemployment rate Employers in all […] Read more

Forex Market: USD/CAD daily trading forecast

December 5, 2014 9:08 am
Yesterday’s trade saw USD/CAD within the range of 1.1336-1.1398. The pair closed at 1.1384, gaining 0.18% on a daily basis. At 9:05 GMT today USD/CAD was up 0.21% for the day to trade at 1.1407. The pair touched a daily high at 1.1408 at 9:04 GMT. Fundamentals United States Change in non-farm payrolls, unemployment rate […] Read more

Forex Market: EUR/NOK daily trading forecast

December 5, 2014 7:49 am
Yesterday’s trade saw EUR/NOK within the range of 8.6205-8.7676. The pair closed at 8.7377, gaining 0.91% on a daily basis. At 7:45 GMT today EUR/NOK was up 0.09% for the day to trade at 8.7424. The pair touched a daily high at 8.7523 at 6:40 GMT. Fundamentals Euro zone Gross Domestic Product – 2nd estimate […] Read more