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Forex Market: USD/CAD daily trading outlook

April 26, 2016 7:40 am
Yesterday’s trade saw USD/CAD within the range of 1.2658-1.2717. The pair closed at 1.2677, inching up 0.06% on a daily basis. It has been the 41st gain in the past 80 trading days. USD/CAD has depreciated 2.58% so far during the current month, following two consecutive months of decline. At 7:38 GMT today USD/CAD was […] Read more

Forex Market: GBP/USD daily trading outlook

April 26, 2016 7:07 am
Yesterday’s trade saw GBP/USD within the range of 1.4404-1.4520. The pair closed at 1.4487, advancing 0.58% on a daily basis. It has been the 11th gain in the past 22 trading days and also a second consecutive one. The daily high has been the highest level since February 15th, when a high of 1.4537 was […] Read more

Gold trading outlook: futures rebound from Friday lows, upside seems limited

April 25, 2016 8:31 am
On Friday gold for delivery in June traded within the range of $1,228.00-$1,248.50. Futures closed at $1,228.70, retreating 1.63% on a daily basis. It has been the 29th drop in the past 58 trading days, a third consecutive one and also the steepest one since April 14th, when the yellow metal plummeted 1.75%. The daily […] Read more

Forex Market: USD/CAD daily trading outlook

April 25, 2016 7:23 am
Friday’s trade saw USD/CAD within the range of 1.2618-1.2760. The pair closed at 1.2670, losing 0.52% on a daily basis. It has been the 39th drop in the past 79 trading days. The daily low has been the lowest level since April 20th, when a low of 1.2590 was registered. In weekly terms, USD/CAD depreciated […] Read more

Forex Market: GBP/USD daily trading outlook

April 25, 2016 6:47 am
Friday’s trade saw GBP/USD within the range of 1.4310-1.4451. The pair closed at 1.4403, advancing 0.56% on a daily basis. It has been the 10th gain in the past 21 trading days. The daily high has been the highest level since March 30th, when a high of 1.4460 was registered. In weekly terms, GBP/USD appreciated […] Read more

Forex Market: GBP/BGN trading outlook for April 25th

April 24, 2016 9:00 am
Friday’s trade saw GBP/BGN within the range of 2.4741-2.5145. The pair closed at 2.5103, surging 1.14% on a daily basis. It has been the 14th gain in the past 22 trading days and also the sharpest one since October 22nd 2015, when the pair advanced 1.90%. The daily high has been the highest level since […] Read more

Forex Market: GBP/CHF trading outlook for April 25th

April 23, 2016 11:41 am
Friday’s trade saw GBP/CHF within the range of 1.3958-1.4123. The pair closed at 1.4097, surging 0.92% on a daily basis. It has been the 15th gain in the past 23 trading days, a 6th consecutive one and also the steepest one since February 1st, when the pair went up 0.97%. The daily high has been […] Read more

Forex Market: USD/CAD daily trading outlook

April 22, 2016 7:07 am
Yesterday’s trade saw USD/CAD within the range of 1.2628-1.2750. The pair closed at 1.2725, rising 0.55% on a daily basis. It has been the 40th gain in the past 78 trading days and also the steepest one since April 4th. The daily low has been an exact test of the low from April 19th. USD/CAD […] Read more