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Forex Market: GBP/USD daily trading outlook

May 4, 2016 6:47 am
Yesterday’s trade saw GBP/USD within the range of 1.4530-1.4769. The pair closed at 1.4548, plummeting 0.85% on a daily basis. It has been the 13th drop in the past 28 trading days and also the sharpest one since April 1st, when the major pair depreciated 0.95%. The daily low has been the lowest level since […] Read more

Forex Market: USD/CAD daily trading outlook

May 3, 2016 6:53 am
Yesterday’s trade saw USD/CAD within the range of 1.2513-1.2563. The pair closed at 1.2531, edging down 0.17% on a daily basis. It has been the 43rd drop in the past 85 trading days. The daily low has been a higher-low test of the 10-month low registered on April 29th. In weekly terms, USD/CAD lost 0.92% […] Read more

Forex Market: GBP/BGN trading outlook for May 2nd

May 1, 2016 3:11 pm
Friday’s trade saw GBP/BGN within the range of 2.4927-2.5212. The pair closed at 2.4950, falling 0.89% on a daily basis. It has been the 7th drop in the past 21 trading days and also the sharpest one since April 1st, when the pair depreciated 0.99%. The daily low has been the lowest level since April […] Read more

Forex Market: GBP/USD trading outlook for May 2nd

April 30, 2016 2:09 pm
Friday’s trade saw GBP/USD within the range of 1.4577-1.4670. The pair closed at 1.4603, inching down 0.05% on a daily basis. It has been the 12th drop in the past 24 trading days. The daily high has been an exact test of the high from February 4th. In weekly terms, GBP/USD added 1.39% to its […] Read more

Forex Market: USD/CAD daily trading outlook

April 28, 2016 6:51 am
Yesterday’s trade saw USD/CAD within the range of 1.2572-1.2693. The pair closed at 1.2584, edging down 0.16% on a daily basis. It has been the 41st drop in the past 82 trading days and also a second consecutive one. The daily low has been the lowest level since July 6th 2015, when a low of […] Read more

Forex Market: GBP/USD daily trading outlook

April 28, 2016 6:32 am
Yesterday’s trade saw GBP/USD within the range of 1.4476-1.4619. The pair closed at 1.4539, shedding 0.29% on a daily basis. It has been the 12th drop in the past 24 trading days. The daily low has been an almost exact test of the low from April 26th. GBP/USD has added 1.43% to its value so […] Read more

Forex Market: USD/CAD daily trading outlook

April 27, 2016 6:45 am
Yesterday’s trade saw USD/CAD within the range of 1.2595-1.2685. The pair closed at 1.2612, losing 0.53% on a daily basis. It has been the 40th drop in the past 81 trading days and also the steepest one since April 19th, when the major pair went down 0.89%. The daily low has been an almost exact […] Read more

Forex Market: GBP/USD daily trading outlook

April 27, 2016 6:18 am
Yesterday’s trade saw GBP/USD within the range of 1.4486-1.4638. The pair closed at 1.4573, advancing 0.63% on a daily basis. It has been the 12th gain in the past 23 trading days, a third consecutive one and also the steepest one since April 19th, when the major pair went up 0.81%. The daily high has […] Read more

Forex Market: USD/CAD daily trading outlook

April 26, 2016 7:40 am
Yesterday’s trade saw USD/CAD within the range of 1.2658-1.2717. The pair closed at 1.2677, inching up 0.06% on a daily basis. It has been the 41st gain in the past 80 trading days. USD/CAD has depreciated 2.58% so far during the current month, following two consecutive months of decline. At 7:38 GMT today USD/CAD was […] Read more

Forex Market: GBP/USD daily trading outlook

April 26, 2016 7:07 am
Yesterday’s trade saw GBP/USD within the range of 1.4404-1.4520. The pair closed at 1.4487, advancing 0.58% on a daily basis. It has been the 11th gain in the past 22 trading days and also a second consecutive one. The daily high has been the highest level since February 15th, when a high of 1.4537 was […] Read more