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Forex Market: EUR/GBP daily trading forecast

February 2, 2015 7:34 am
Friday’s trade saw EUR/GBP within the range of 0.7478-0.7539. The daily high has also been the highest level since January 23rd, when a high of 0.7584 was recorded. The pair closed at 0.7491, losing 0.29% on a daily basis. At 7:30 GMT today EUR/GBP was up 0.18% for the day to trade at 0.7510. The […] Read more

Forex Market: EUR/CAD trading forecast for Monday

February 1, 2015 8:31 am
Friday’s trade saw EUR/CAD within the range of 1.4270-1.4494. The daily high has also been the highest level since December 17th, when a high of 1.4566 was recorded. The pair closed at 1.4372, surging 0.62% for the day, while marking a fifth consecutive daily gain. The cross appreciated 3.25% for the whole week, which marked […] Read more

Forex Market: GBP/JPY trading forecast for Monday

January 31, 2015 8:01 am
Friday’s trade saw GBP/JPY within the range of 176.06-178.60. The pair closed at 176.99, losing 0.70% on a daily basis. The cross gained 0.25% for the whole week, which followed four consecutive weeks of losses. On Monday (February 2nd) GBP/JPY may be influenced by a number of fundamentals, as listed below. Fundamentals United Kingdom Manufacturing […] Read more

Forex Market: USD/CAD daily trading forecast

January 30, 2015 9:24 am
Yesterday’s trade saw USD/CAD within the range of 1.2507-1.2678. The daily high has also been the highest level since March 18th 2009, when a high of 1.2755 was recorded. The pair closed at 1.2617, gaining 0.64% on a daily basis. At 9:20 GMT today USD/CAD was up 0.28% for the day to trade at 1.2652. […] Read more

Forex Market: EUR/USD daily trading forecast

January 30, 2015 8:50 am
Yesterday’s trade saw EUR/USD within the range of 1.1262-1.1366. The pair closed at 1.1335, gaining 0.41% on a daily basis. At 8:42 GMT today EUR/USD was up 0.22% for the day to trade at 1.1342. The pair touched a daily high at 1.1353 at 8:35 GMT. Fundamentals Italian unemployment The rate of unemployment in Italy […] Read more

Forex Market: EUR/CHF daily trading forecast

January 30, 2015 7:46 am
Yesterday’s trade saw EUR/CHF within the range of 1.0197-1.0467. The pair closed at 1.0457, surging 2.32% on a daily basis. At 7:40 GMT today EUR/CHF was up 0.21% for the day to trade at 1.0474. The pair broke the first two key weekly resistance levels and touched a daily high at 1.0480 at 7:42 GMT. […] Read more

Forex Market: EUR/GBP daily trading forecast

January 30, 2015 7:29 am
Yesterday’s trade saw EUR/GBP within the range of 0.7442-0.7528. The pair closed at 0.7517, gaining 0.80% on a daily basis. At 7:27 GMT today EUR/GBP was up 0.11% for the day to trade at 0.7520. The pair touched a daily high at 0.7527 at 7:05 GMT. Fundamentals Euro area Spanish Gross Domestic Product – preliminary […] Read more

Forex Market: USD/MXN daily trading forecast

January 29, 2015 9:02 am
Yesterday’s trade saw USD/MXN within the range of 14.6170-14.6588. The pair closed at 14.6497, up 0.21% for the day and marking a second consecutive daily gain. At 8:58 GMT today USD/MXN was down 0.04% for the day to trade at 14.7478. The pair touched a daily low at 14.7218 during Asian trade. Fundamentals United States […] Read more

Forex Market: EUR/USD daily trading forecast

January 29, 2015 8:25 am
Yesterday’s trade saw EUR/USD within the range of 1.1223-1.1422. The pair closed at 1.1381, gaining 1.26% on a daily basis. At 8:21 GMT today EUR/USD was down 0.06% for the day to trade at 1.1283. The pair touched a daily low at 1.1262, the first key daily support, at 5:25 GMT. Fundamentals German unemployment change […] Read more

Forex Market: EUR/CHF daily trading forecast

January 29, 2015 7:45 am
Yesterday’s trade saw EUR/CHF within the range of 1.0077-1.0391. The daily high has also been the highest level since the Swiss National Bank abandoned the EUR/CHF floor on January 15th. The pair closed at 1.0277, surging 1.28% for the day, while marking a second consecutive daily gain. At 7:39 GMT today EUR/CHF was up 0.46% […] Read more