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Forex Market: GBP/USD daily trading forecast

October 13, 2015 7:06 am
Yesterday’s trade saw GBP/USD within the range of 1.5309-1.5374. The pair closed at 1.5345, up 0.16% on a daily basis, while marking its fourth gain in the past six trading days. At 7:02 GMT today GBP/USD was up 0.17% for the day to trade at 1.5375. The pair tested the upper range breakout level (R4), […] Read more

Forex Market: EUR/USD daily trading forecast

October 13, 2015 6:18 am
Yesterday’s trade saw EUR/USD within the range of 1.1351-1.1397. The pair closed at 1.1356, down 0.10% on a daily basis, while marking the first loss in the past three trading days. The daily high has been the highest level since September 18th, when the cross registered a high of 1.1460. At 6:15 GMT today EUR/USD […] Read more

Forex Market: USD/CAD daily trading forecast

October 12, 2015 12:19 pm
Friday’s trade saw USD/CAD within the range of 1.2897-1.3023. The pair closed at 1.2943, falling 0.57% on a daily basis, while extending the loss from Thursday. It has been the seventh loss in the past eight trading days. The daily low has been the lowest level since July 29th, when a low of 1.2859 was […] Read more

Forex Market: NZD/USD daily trading forecast

October 12, 2015 9:36 am
Friday’s trade saw NZD/USD within the range of 0.6653-0.6723. The pair closed at 0.6692, up 0.36% on a daily basis, while marking a ninth consecutive trading day of gains. The daily high has been the highest level since July 29th, when the cross registered a high of 0.6742. In weekly terms, NZD/USD surged 3.83% last […] Read more

Forex Market: GBP/USD daily trading forecast

October 12, 2015 8:17 am
Friday’s trade saw GBP/USD within the range of 1.5297-1.5384. The pair closed at 1.5304, down 0.29% on a daily basis, while breaking a string of three consecutive trading days of gains. The daily high has been the highest level since September 22nd, when the cross registered a high of 1.5531. In weekly terms, GBP/USD gained […] Read more

Forex Market: EUR/USD daily trading forecast

October 12, 2015 6:48 am
Friday’s trade saw EUR/USD within the range of 1.1265-1.1391. The pair closed at 1.1358, up 0.70% on a daily basis, while extending gains from Thursday. The daily high has been the highest level since September 18th, when the cross registered a high of 1.1460. In weekly terms, EUR/USD went up 1.31%, marking a second straight […] Read more

Forex Market: AUD/JPY trading forecast for October 12th

October 11, 2015 7:25 am
Friday’s trade saw AUD/JPY within the range of 86.84-88.41. The pair closed at 88.23, soaring 1.32% on a daily basis, while marking its eight consecutive trading day of gains. The daily rate of increase has been the sharpest since September 8th, when the cross went up 1.77%. The daily high has been the highest level […] Read more

Forex Market: NZD/JPY trading forecast for October 12th

October 10, 2015 3:55 pm
Friday’s trade saw NZD/JPY within the range of 79.74-80.89. The pair closed at 80.49, soaring 0.65% on a daily basis, while marking a ninth consecutive trading day of gains. The daily high has been the highest level since August 24th, when the cross registered a high of 81.62. In weekly terms, NZD/JPY surged 4.15%, while […] Read more

Forex Market: USD/CAD daily trading forecast

October 9, 2015 9:21 am
Yesterday’s trade saw USD/CAD within the range of 1.2975-1.3075. The pair closed at 1.3017, falling 0.31% on a daily basis. It has been the sixth loss in the past seven trading days. At 9:14 GMT today USD/CAD was down 0.62% for the day to trade at 1.2935. The pair overcame the lower range breakout level […] Read more

Gold trading outlook: futures advance after a dovish FOMC Minutes

October 9, 2015 8:55 am
On Thursday gold for delivery in December traded within the range of $1,138.70-$1,146.70. Futures closed at $1,144.70, down 0.37% on a daily basis. It has been the first drop in the past five trading days. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in December were gaining 0.63% for […] Read more