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Forex Market: USD/CAD daily trading outlook

November 17, 2015 10:19 am
Yesterday’s trade saw USD/CAD within the range of 1.3290-1.3371. The pair closed at 1.3333, up 0.11% on a daily basis, while marking its third consecutive trading day of gains. The daily high has been the highest level since September 30th, when a high of 1.3433 was registered. At 10:11 GMT today USD/CAD was losing 0.09% […] Read more

Forex Market: GBP/USD daily trading forecast

November 17, 2015 8:20 am
Yesterday’s trade saw GBP/USD within the range of 1.5182-1.5228. The pair closed at 1.5201, falling 0.11% on a daily basis. It has been the first drop in the past six trading days. The daily low was a lower-low test of the low from November 13th and also the lowest level since November 12th, when a […] Read more

Forex Market: EUR/USD daily trading forecast

November 17, 2015 7:24 am
Yesterday’s trade saw EUR/USD within the range of 1.0675-1.0759. The pair closed at 1.0688, down 0.12% on a daily basis, while extending losses from Friday. The daily low has been the lowest level since November 10th, when the cross registered a low of 1.0673. At 7:20 GMT today EUR/USD was losing 0.31% for the day […] Read more

Gold trading outlook: futures advance as Paris terror bolsters safe haven bids

November 16, 2015 10:44 am
On Friday gold for delivery in December traded within the range of $1,081.30-$1,085.90. Futures closed at $1,080.80, unchanged on a daily basis, following two successive trading days of losses. The daily low has been the lowest level since August 4th, when the yellow metal went down as low as $1,080.50. In weekly terms, gold futures […] Read more

Forex Market: USD/CAD daily trading forecast

November 16, 2015 9:33 am
Friday’s trade saw USD/CAD within the range of 1.3263-1.3351. The pair closed at 1.3323, rising 0.23% on a daily basis, while extending the gain from Thursday. The daily high has been a higher-high test of the high from October 1st (1.3334) and also the highest level since September 30th, when a daily high of 1.3433 […] Read more

Forex Market: EUR/USD daily trading forecast

November 16, 2015 7:54 am
Friday’s trade saw EUR/USD within the range of 1.0713-1.0818. The pair closed at 1.0779, falling 0.35% on a daily basis. It has been the first drop in the past three trading days. In weekly terms, EUR/USD gained 0.35% last week, which has been the first weekly advance in the past five weeks. At 7:30 GMT […] Read more

Forex Market: AUD/JPY trading outlook for November 16th

November 15, 2015 7:44 am
Friday’s trade saw AUD/JPY within the range of 87.13-87.86. The pair closed at 87.47, ticking up 0.10% on a daily basis, while marking its third straight trading day of gains. On November 12th the pair went up as high as 87.97, reaching its highest level since October 26th, when a daily high of 88.03 was […] Read more

Forex Market: AUD/USD trading outlook for November 16th

November 14, 2015 5:29 pm
Friday’s trade saw AUD/USD within the range of 0.7102-0.7160. The pair closed at 0.7131, ticking up 0.06% on a daily basis, while marking its third consecutive trading day of gains. The daily high has been the highest level since November 6th, when the pair went up as high as 0.7171. In weekly terms, AUD/USD appreciated […] Read more

Stock Indices: Dow Jones falls a second day ahead of US macroeconomic data

November 13, 2015 10:18 am
On Thursday Dow Jones Industrial Average traded within the range of 17,443.50-17,691.93. The benchmark closed at 17,448.07, shedding 1.44% (254.28 points) on a daily basis, while extending the loss from Wednesday. The daily rate of decrease has been the steepest one since September 28th, when the blue-chip benchmark slumped 1.92%. The daily low has been […] Read more