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Forex Market: USD/CAD daily trading outlook

March 24, 2016 7:32 am
Yesterday’s trade saw USD/CAD within the range of 1.3034-1.3220. The pair closed at 1.3209, soaring 1.25% on a daily basis. It has been the 30th gain in the past 57 trading days and also the steepest one since July 15th 2015, when it surged 1.49%. The daily high has been the highest level since March […] Read more

Forex Market: GBP/USD daily trading outlook

March 24, 2016 7:14 am
Yesterday’s trade saw GBP/USD within the range of 1.4080-1.4228. The pair closed at 1.4114, losing 0.66% on a daily basis. It has been the 32nd drop in the past 58 trading days and also a third consecutive one. The daily low has been the lowest level since March 16th, when a low of 1.4051 was […] Read more

Forex Market: USD/CAD daily trading outlook

March 23, 2016 7:34 am
Yesterday’s trade saw USD/CAD within the range of 1.3024-1.3139. The pair closed at 1.3051, falling 0.38% on a daily basis. It has been the 27th drop in the past 56 trading days. USD/CAD has eased its slump to 3.27% so far during the current month. At 7:33 GMT today USD/CAD was edging up 0.38% on […] Read more

Forex Market: GBP/USD daily trading outlook

March 23, 2016 7:18 am
Yesterday’s trade saw GBP/USD within the range of 1.4188-1.4398. The pair closed at 1.4223, losing 1.00% on a daily basis. It has been the 31st drop in the past 57 trading days, a second consecutive one and also the steepest one since March 15th, when the pair fell 1.04%. The daily low has been the […] Read more

Gold trading outlook: futures rebound on Federal Reserve speaker remarks

March 22, 2016 8:30 am
On Monday gold for delivery in April traded within the range of $1,242.90-$1,256.20. Futures closed at $1,243.80, falling 0.80% on a daily basis. It has been the 18th drop in the past 36 trading days and also a second consecutive one. The daily low has been the lowest level since March 16th, when a low […] Read more

Forex Market: USD/CAD daily trading outlook

March 22, 2016 7:37 am
Yesterday’s trade saw USD/CAD within the range of 1.2992-1.3102. The pair closed at 1.3094, rising 0.71% on a daily basis. It has been the 29th gain in the past 55 trading days and also a second consecutive one. The daily high has been the highest level since March 17th, when a high of 1.3134 was […] Read more