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Forex Market: USD/CAD daily trading forecast

October 21, 2015 9:31 am
Yesterday’s trade saw USD/CAD within the range of 1.2931-1.3048. The pair closed at 1.2978, falling 0.31% on a daily basis, while marking its first loss in the past three trading days. The daily high has been the highest level since October 13th, when a high of 1.3081 was reached. At 9:32 GMT USD/CAD was gaining […] Read more

Gold trading outlook: futures retreat as Fed rate hike uncertainty persists

October 21, 2015 7:48 am
On Tuesday gold for delivery in December traded within the range of $1,168.70-$1,179.10. Futures closed at $1,178.00, rising 0.40% on a daily basis, while marking the first gain in the past three trading days. The daily high has been the highest price level since October 16th, when gold went up as high as $1,184.10. In […] Read more

Forex Market: AUD/USD daily trading forecast

October 21, 2015 7:26 am
Yesterday’s trade saw AUD/USD within the range of 0.7239-0.7300. The pair closed at 0.7260, up 0.12% on a daily basis, following two consecutive trading days of losses. The daily low was a test of the low from Tuesday, while the latter has been lowest level since October 14th, when a low of 0.7195 was registered. […] Read more

Forex Market: USD/CAD daily trading forecast

October 20, 2015 8:12 am
Yesterday’s trade saw USD/CAD within the range of 1.2897-1.3030. The pair closed at 1.3019, going up 0.79% on a daily basis, while extending gains from Friday. The daily rate of increase has been the sharpest one since September 4th, when the pair appreciated 0.82%. The daily high has been the highest level since October 14th, […] Read more

Forex Market: AUD/USD daily trading forecast

October 20, 2015 6:54 am
Yesterday’s trade saw AUD/USD within the range of 0.7237-0.7309. The pair closed at 0.7251, down 0.12% on a daily basis, while extending the loss from Friday. The daily low has been the lowest level since October 14th, when a low of 0.7195 was registered. At 6:50 GMT today AUD/USD was gaining 0.44% for the day […] Read more

Forex Market: USD/CAD daily trading forecast

October 19, 2015 9:35 am
Friday’s trade saw USD/CAD within the range of 1.2848-1.2941. The pair closed at 1.2911, gaining 0.36% on a daily basis, after two consecutive trading days of losses. The daily low was a higher low compared to the low from Thursday. The latter has been the lowest level since July 15th, when a low of 1.2719 […] Read more

Forex Market: AUD/USD daily trading forecast

October 19, 2015 7:10 am
Friday’s trade saw AUD/USD within the range of 0.7247-0.7341. The pair closed at 0.7261, losing 0.93% on a daily basis, while marking its first drop in the past three trading days. In weekly terms, AUD/USD lost 1.02%, following a 4.09% advance during the week ended on October 11th. It has been the sharpest weekly decline […] Read more

Forex Market: AUD/JPY trading forecast for October 19th

October 18, 2015 9:55 am
Friday’s trade saw AUD/JPY within the range of 86.29-87.39. The pair closed at 86.73, losing 0.45% on a daily basis, while marking its first drop in the past three trading days. In weekly terms, AUD/JPY lost 1.70%, following a 4.41% advance during the week ended on October 11th. It has been the sharpest weekly decline […] Read more

Forex Market: USD/CAD daily trading forecast

October 16, 2015 8:50 am
Yesterday’s trade saw USD/CAD within the range of 1.2827-1.2951. The pair closed at 1.2865, slipping 0.55% on a daily basis, while extending the loss from Wednesday. The daily low has been the lowest level since July 15th, when a low of 1.2719 was reached. At 8:33 GMT today USD/CAD was up 0.29% for the day […] Read more

Forex Market: EUR/USD daily trading forecast

October 16, 2015 6:55 am
Yesterday’s trade saw EUR/USD within the range of 1.1362-1.1496. The pair closed at 1.1383, losing 0.79% on a daily basis. It has been the first drop in the past three trading days and also the most considerable one since September 21st, when the pair slid 1.03%. The daily high has been the highest level since […] Read more