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Forex Market: AUD/JPY trading forecast for October 26th

October 25, 2015 7:14 am
Friday’s trade saw AUD/JPY within the range of 86.87-88.14. The pair closed at 87.64, soaring 0.76% on a daily basis, or at the most considerable rate since October 9th, when it appreciated 1.32%. The daily high has been the highest level since October 13th, when the cross registered a high of 88.43. In weekly terms, […] Read more

Forex Market: AUD/USD trading forecast for October 26th

October 24, 2015 4:49 pm
Friday’s trade saw AUD/USD within the range of 0.7194-0.7299. The pair closed at 0.7215, edging up 0.10% on a daily basis and following two consecutive trading days of losses. The daily high has been the highest level since October 20th, when the cross registered a high of 0.7300. In weekly terms, AUD/USD lost 0.63% last […] Read more

Forex Market: USD/CAD daily trading forecast

October 23, 2015 9:32 am
Yesterday’s trade saw USD/CAD within the range of 1.3080-1.3160. The pair closed at 1.3089, falling 0.38% on a daily basis, while marking its fourth loss in the past nine trading days. The daily high exceeded the high from Wednesday and has been the highest level since October 5th, when a high of 1.3176 was reached. […] Read more

Gold technical trading outlook: futures regain ground after a two-day slump

October 23, 2015 8:48 am
On Thursday gold for delivery in December traded within the range of $1,163.50-$1,168.60. Futures closed at $1,166.60, slipping 0.09% on a daily basis, while extending the loss from Wednesday. The daily low has been the lowest price level since October 13th, when gold went down as low as $1,154.90. On the Comex division of the […] Read more

Forex Market: GBP/USD daily trading forecast

October 23, 2015 7:21 am
Yesterday’s trade saw GBP/USD within the range of 1.5367-1.5509. The pair closed at 1.5394, down 0.16% on a daily basis, while marking its third consecutive trading day of losses. The daily low has been the lowest level since October 14th, when the cross registered a low of 1.5244. At 7:17 GMT today GBP/USD was up […] Read more

Forex Market: EUR/USD daily trading forecast

October 23, 2015 6:32 am
Yesterday’s trade saw EUR/USD within the range of 1.1098-1.1352. The pair closed at 1.1106, plummeting 2.05% on a daily basis. It has been the sharpest daily loss since January 22nd, when the pair depreciated 2.10%. The daily low has been the lowest level since September 4th, when the cross registered a low of 1.1088. At […] Read more

Forex Market: USD/CAD daily trading forecast

October 22, 2015 10:02 am
Yesterday’s trade saw USD/CAD within the range of 1.2965-1.3144. The pair closed at 1.3139, surging 1.21% on a daily basis, or at the steepest rate since July 15th, when it appreciated 1.49%. The daily high has been the highest level since October 5th, when a high of 1.3176 was reached. At 9:44 GMT USD/CAD was […] Read more

Stock Indices: Dow Jones reaches highs unseen since August

October 22, 2015 9:16 am
On Wednesday Dow Jones Industrial Average traded within the range of 17,168.61-17,314.99. The benchmark closed at 17,168.61, falling 0.28% (48.50 points) on a daily basis, while extending the loss from Tuesday. The daily high has been the highest level since August 20th, when the average went as high as 17,345.32. In weekly terms, DJIA advanced […] Read more

Forex Market: GBP/USD daily trading forecast

October 22, 2015 7:24 am
Yesterday’s trade saw GBP/USD within the range of 1.5408-1.5480. The pair closed at 1.5419, down 0.14% on a daily basis, while extending losses from Tuesday. The daily low has been the lowest level since October 14th, when the cross registered a low of 1.5244. In weekly terms, GBP/USD went up 0.86% last week, marking its […] Read more

Forex Market: EUR/USD daily trading forecast

October 22, 2015 6:24 am
Yesterday’s trade saw EUR/USD within the range of 1.1332-1.1380. The pair closed at 1.1339, ticking down 0.05% on a daily basis. It has been the fifth loss in the past eight trading days. In weekly terms, EUR/USD lost 0.11% last week, following two consecutive weeks of gains. It has been the smallest weekly drop since […] Read more