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Forex Market: GBP/CAD daily trading forecast

March 3, 2015 8:57 am
Yesterday’s trade saw GBP/CAD within the range of 1.9198-1.9328. The pair closed at 1.9260, losing 0.11% on a daily basis. At 8:54 GMT today GBP/CAD was down 0.17% for the day to trade at 1.9230. The cross touched a daily low at 1.9217 at 8:25 GMT. Fundamentals United Kingdom Construction Purchasing Managers Index Activity in […] Read more

Forex Market: USD/CAD daily trading forecast

March 2, 2015 8:48 am
Friday’s trade saw USD/CAD within the range of 1.2530-1.2450. The cross settled 0.05% higher at 1.2514. At 8:47 GMT today USD/CAD was down 0.01% for the day to trade at 1.2513. The pair ranged between 1.2494 and 1.2527 during the day. Fundamentals United States The Bureau of Economic Analysis reported on Friday that the US […] Read more

Forex Market: EUR/USD daily trading outlook

March 2, 2015 8:22 am
Friday’s trade saw EUR/USD within the range of 1.1245-1.1177. The pair closed at 1.1194, losing 0.08% on a daily basis. At 7:51 GMT today EUR/USD was down 0.21% for the day to trade at 1.1172. The pair held in a daily range of 1.1160 – 1.1187. Fundamentals> Eurozone Manufacturing PMI data Spanish Manufacturing Purchasing Managers’ […] Read more

Forex Market: EUR/JPY trading forecast for Monday

March 1, 2015 6:04 am
Friday’s trade saw EUR/JPY within the range of 133.44-134.27. The daily low has also been the lowest level since February 5th, when a low of 132.49 was recorded. The pair closed at 133.91, gaining 0.13% on a daily basis. The cross fell 1.14% for the whole week, which marked the first loss in the past […] Read more

Forex Market: EUR/CAD trading forecast for Monday

February 28, 2015 8:01 am
Friday’s trade saw EUR/CAD within the range of 1.3953-1.4037. The daily low has also been the lowest level since January 26th, when a low of 1.3823 was recorded. The pair closed at 1.4009, ticking down 0.01% on a daily basis, while marking a fifth consecutive daily loss. The cross fell 1.74% for the whole week, […] Read more

Forex Market: USD/CAD daily trading forecast

February 27, 2015 9:17 am
Yesterday’s trade saw USD/CAD within the range of 1.2388-1.2535. The pair closed at 1.2507, gaining 0.60% on a daily basis. At 9:13 GMT today USD/CAD was down 0.30% for the day to trade at 1.2478, which is also the current daily low. Fundamentals United States Gross Domestic Product – second estimate The second estimate of […] Read more

Forex Market: EUR/USD daily trading forecast

February 27, 2015 8:37 am
Yesterday’s trade saw EUR/USD within the range of 1.1184-1.1380. The daily low has also been the lowest level since January 26th, when a low of 1.1098 was recorded. The pair closed at 1.1203, losing 1.42% on a daily basis, or the largest daily drop since January 22nd. At 8:33 GMT today EUR/USD was up 0.14% […] Read more

Forex Market: EUR/GBP daily trading forecast

February 27, 2015 7:22 am
Yesterday’s trade saw EUR/GBP within the range of 0.7261-0.7326. The pair closed at 0.7268, going down 0.69% on a daily basis and extending losses from Wednesday. At 7:19 GMT today EUR/GBP was down 0.06% for the day to trade at 0.7265. The pair touched a daily low at 0.7258 at 6:45 GMT. Fundamentals Euro area […] Read more

Forex Market: USD/CAD daily trading forecast

February 26, 2015 9:25 am
Yesterday’s trade saw USD/CAD within the range of 1.2404-1.2497. The daily low has also been the lowest level since February 18th, when a low of 1.2376 was recorded. The pair closed at 1.2433, going down 0.51% on a daily basis and extending losses from Tuesday. At 9:22 GMT today USD/CAD was down 0.17% for the […] Read more

Forex Market: EUR/USD daily trading forecast

February 26, 2015 8:21 am
Yesterday’s trade saw EUR/USD within the range of 1.1336-1.1388. The pair closed at 1.1360, up 0.18% on a daily basis and extending gains from Tuesday. At 8:01 GMT today EUR/USD was down 0.06% for the day to trade at 1.1353. The pair touched a daily low at 1.1348 at 7:45 GMT. Fundamentals Euro area Change […] Read more