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Forex Market: USD/CAD daily trading forecast

September 3, 2014 9:01 am
Yesterday’s trade saw USD/CAD within the range of 1.0864-1.0935. The pair closed at 1.0930, gaining 0.53% on a daily basis. At 8:57 GMT today USD/CAD was down 0.13% for the day to trade at 1.0914. The pair touched a daily low at 1.0903 at 8:45 GMT. Fundamental view United States Factory orders in the United […] Read more

Forex Market: GBP/CHF daily trading forecast

September 3, 2014 7:56 am
Yesterday’s trade saw GBP/CHF within the range of 1.5134-1.5276. The pair closed at 1.5140, losing 0.89% on a daily basis. At 7:53 GMT today GBP/CHF was up 0.06% for the day to trade at 1.5145. The pair touched a daily high at 1.5153 at 7:25 GMT. Fundamental view United Kingdom Activity in United Kingdom’s sector […] Read more

Forex Market: GBP/JPY daily trading forecast

September 3, 2014 7:38 am
Yesterday’s trade saw GBP/JPY within the range of 173.02-173.96. The pair closed at 173.31, losing 0.03% on a daily basis. At 8:07 GMT today GBP/JPY was down 0.04% for the day to trade at 173.01. The pair broke the first key daily support and touched a daily low at 172.72 at 5:05 GMT. Fundamental view […] Read more

Forex Market: EUR/AUD daily trading forecast

September 3, 2014 7:16 am
Yesterday’s trade saw EUR/AUD within the range of 1.4064-1.4162. The pair closed at 1.4157, gaining 0.63% on a daily basis. At 7:13 GMT today EUR/AUD was down 0.32% for the day to trade at 1.4117. The pair touched a daily low at 1.4108 at 7:05 GMT. Fundamental view Euro zone Activity in Italy’s sector of […] Read more

Forex Market: EUR/GBP daily trading forecast

September 3, 2014 6:46 am
Yesterday’s trade saw EUR/GBP within the range of 0.7899-0.7975. The pair closed at 0.7974, gaining 0.87% on a daily basis. At 6:42 GMT today EUR/GBP was unchanged for the day to trade at 0.7974. The pair touched a daily low at 0.7970 during early Asian session. Fundamental view Euro zone Activity in Italys sector of […] Read more

Forex Market: USD/HKD trading forecast for Monday

August 24, 2014 9:57 am
Friday’s trade saw USD/HKD within the range of 7.7500-7.7504. The pair closed at 7.7502, gaining 0.01% on a daily basis, while losing 0.01% for the whole week. Fundamental view United States Activity in US services sector probably slowed down in August, with the corresponding preliminary Purchasing Managers Index coming in at a reading of 59.9, […] Read more

Forex Market: USD/SGD trading forecast for Monday

August 23, 2014 6:57 am
Friday’s trade saw USD/SGD within the range of 1.2472-1.2498. The pair closed at 1.2495, losing 0.01% on a daily basis, while gaining 0.32% for the whole week. Fundamental view United States Activity in US services sector probably slowed down in August, with the corresponding preliminary Purchasing Managers Index coming in at a reading of 59.9, […] Read more

Forex Market: USD/RUB daily trading forecast

August 22, 2014 12:48 pm
Yesterday’s trade saw USD/RUB within the range of 35.977-36.393. The pair closed at 36.014, losing 0.88% on a daily basis. At 12:42 GMT today USD/RUB was up 0.46% for the day to trade at 36.212. The pair broke the first key daily and the first key weekly resistance levels and touched a daily high at […] Read more

Forex Market: GBP/CAD daily trading forecast

August 22, 2014 9:04 am
Yesterday’s trade saw GBP/CAD within the range of 1.8138-1.8218. The pair closed at 1.8148, losing 0.35% on a daily basis. At 8:53 GMT today GBP/CAD was up 0.10% for the day to trade at 1.8161. The pair touched a daily high at 1.8166 at 8:55 GMT. Fundamental view Canada The annualized index of consumer prices […] Read more

Forex Market: USD/BRL daily trading forecast

August 22, 2014 8:10 am
Yesterday’s trade saw USD/BRL within the range of 2.2510-2.2698. The pair closed at 2.2687, gaining 0.28% on a daily basis. At 8:06 GMT today USD/BRL was up 0.04% for the day to trade at 2.2698. The pair touched a daily high at 2.2699 at 6:15 GMT. Fundamental view United States At 14:00 GMT Federal Reserve […] Read more