Forex Market: AUD/CHF trading forecast for Monday

August 9, 2014 6:16 am
Friday’s trade saw AUD/CHF within the range of 0.8378-0.8432. The pair closed at 0.8401, losing 0.24% on a daily basis and 0.45% for the whole week. Fundamental view Retail Sales in the country probably rose 0.3% in July compared to a year ago, following an unexpected 0.6% drop in the previous month, that was the […] Read more

Forex Market: USD/CAD daily forecast

August 8, 2014 11:13 am
During yesterday’s trading session USD/CAD traded within the range of 1.0904-1.0938 and closed at 1.0933, adding 0.02% for the day. At 11:07 GMT today USD/CAD was adding 0.02% for the day to trade at 1.0925. The pair touched a daily high at 1.0948 at 2:30 GMT, breaching the first key daily resistance level. Fundamental view […] Read more

Forex Market: NZD/USD daily forecast

August 8, 2014 9:11 am
During yesterday’s trading session NZD/USD traded within the range of 0.8452-0.8494 and closed at 0.8453, losing 0.18% on a daily basis. At 9:02 GMT today NZD/USD was losing 0.18% for the day to trade at 0.8462. The pair touched a daily low at 0.8432 at 2:00 GMT, breaching the first key daily and the first […] Read more

Forex Market: NZD/CAD daily forecast

August 8, 2014 8:55 am
During yesterday’s trading session NZD/CAD traded within the range of 0.9232-0.9278 and closed at 0.9242, losing 0.09% for the day. At 8:50 GMT today NZD/CAD was losing 0.19% for the day to trade at 0.9243. The pair touched a daily low at 0.9228 at 2:00 GMT, breaching the first key weekly support level. Fundamental view […] Read more

Forex Market: GBP/JPY daily forecast

August 8, 2014 7:48 am
During yesterday’s trading session GBP/JPY traded within the range of 171.72-172.62 and closed at 171.87, losing 0.17% for the day. At 7:45 GMT today GBP/JPY was down 0.56% for the day to trade at 170.89. The pair touched a daily high at 170.71 at 6:40 GMT (the pairs weakest since June 2nd), breaching the two […] Read more

Forex Market: GBP/AUD daily forecast

August 8, 2014 7:08 am
During yesterday’s trading session GBP/AUD traded within the range of 1.8018-1.8193 and closed at 1.8167, losing 0.74% on a daily basis. At 7:02 GMT today GBP/AUD was gaining 0.08% for the day to trade at 1.8167. The pair touched a daily high at 1.8191 at 4:20 GMT, breaching the first key weekly resistance level. Fundamental […] Read more

Forex Market: GBP/CAD daily forecast

August 8, 2014 6:56 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8366-1.8424 and closed at 1.8398, losing 0.03% for the day. At 6:52 GMT today GBP/CAD was losing 0.09% for the day to trade at 1.8373. The pair touched a daily low at 1.8364 at 1:15 GMT, breaching the first key daily support level. Fundamental view […] Read more

Forex Market: EUR/SEK daily forecast

August 8, 2014 6:42 am
During yesterday’s trading session EUR/SEK traded within the range of 9.2121-9.2499 and closed at 9.2323, adding 0.09% on a daily basis. At 6:36 GMT today EUR/SEK was gaining 0.19% for the day to trade at 9.2472. The pair touched a daily high at 9.2535 at 5:45 GMT, breaching the first key daily resistance level. Fundamental […] Read more