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Forex Market: GBP/USD daily trading forecast

October 29, 2015 7:59 am
Yesterday’s trade saw GBP/USD within the range of 1.5245-1.5347. The pair closed at 1.5261, falling 0.23% on a daily basis, while extending losses from Tuesday. The daily low has been the lowest level since October 14th, when the pair registered a low of 1.5244. The dollar was largely supported on Wednesday, as the Federal Reserve […] Read more

Forex Market: EUR/USD daily trading forecast

October 29, 2015 7:24 am
Yesterday’s trade saw EUR/USD within the range of 1.0894-1.1096. The pair closed at 1.0920, plummeting 1.17% on a daily basis, or at the steepest rate since October 22nd, when it fell 2.05%. The daily low has been the lowest level since August 7th, when a low of 1.0854 was registered. The dollar was largely supported […] Read more

Forex Market: USD/CAD daily trading forecast

October 28, 2015 10:10 am
Yesterday’s trade saw USD/CAD within the range of 1.3149-1.3275. The pair closed at 1.3267, surging 0.87% on a daily basis, or at the most considerable rate since October 21st, when it went up 1.24%. The daily high has been the highest level since October 1st, when a high of 1.3334 was registered. At 10:04 GMT […] Read more

Forex Market: NZD/USD daily trading forecast

October 28, 2015 8:10 am
Yesterday’s trade saw NZD/USD within the range of 0.6753-0.6819. The pair closed at 0.6764, falling 0.35% on a daily basis. The daily high has been the highest level since October 23rd, when the cross registered a high of 0.6873. In weekly terms, NZD/USD lost 0.85% last week, marking its first drop in the past four […] Read more

Forex Market: EUR/USD daily trading forecast

October 28, 2015 7:18 am
Yesterday’s trade saw EUR/USD within the range of 1.1029-1.1079. The pair closed at 1.1049, shedding 0.07% on a daily basis. It has been the most modest daily rate of decrease since October 21st, when the pair slid 0.05%. The daily high has been the highest level since October 23rd, when the cross registered a high […] Read more

Forex Market: USD/CAD daily trading forecast

October 27, 2015 9:55 am
Yesterday’s trade saw USD/CAD within the range of 1.3117-1.3186. The pair closed at 1.3153, shedding 0.15% on a daily basis. It has been the fifth drop in the past eleven trading days and also the most modest one since September 24th, when the pair lost 0.14%. At 9:51 GMT today USD/CAD was gaining 0.26% for […] Read more

Gold trading outlook: futures little changed ahead of FOMC rate decision

October 27, 2015 9:26 am
On Monday gold for delivery in December traded within the range of $1,163.80-$1,170.00. Futures closed at $1,167.00, rising 0.25% on a daily basis, following three consecutive trading days of losses. On Friday the commodity went up as high as $1,178.70 per troy ounce, or the highest price level since October 20th, when a daily high […] Read more

Forex Market: GBP/USD daily trading forecast

October 27, 2015 8:08 am
Yesterday’s trade saw GBP/USD within the range of 1.5301-1.5382. The pair closed at 1.5350, going up 0.24% on a daily basis, following four consecutive trading days of losses. The daily low was a test of Fridays low and has also been the lowest level since October 14th, when the cross registered a low of 1.5244. […] Read more

Forex Market: EUR/USD daily trading forecast

October 27, 2015 7:19 am
Yesterday’s trade saw EUR/USD within the range of 1.0987-1.1068. The pair closed at 1.1057, up 0.34% on a daily basis, following three consecutive trading days of losses. The daily low has been the lowest level since August 11th, when the cross registered a low of 1.0959. At 7:15 GMT today EUR/USD was up 0.05% for […] Read more