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Forex Market: EUR/GBP daily trading forecast

January 26, 2015 7:57 am
Friday’s trade saw EUR/GBP within the range of 0.7428-0.7583. The daily low has also been the lowest level since February 2008. The pair closed at 0.7475, losing 1.15% on a daily basis. “We’ve broken through some pretty important resistance and supports in euro-sterling,” said Peter Kinsella, a senior currency strategist at Commerzbank AG in London, […] Read more

Forex Market: EUR/USD trading forecast for Monday

January 25, 2015 8:45 am
Friday’s trade saw EUR/USD within the range of 1.1113-1.1374. The daily low has also been the lowest level since September 9th 2003, when a low of 1.1055 was recorded. The pair closed at 1.1208, losing 1.39% on a daily basis. The cross fell 3.12% for the whole week, which marked a sixth consecutive weekly loss. […] Read more

Forex Market: EUR/JPY trading forecast for Monday

January 24, 2015 7:52 am
Friday’s trade saw EUR/JPY within the range of 130.89-135.10. The daily low has also been the lowest level since September 6th 2013, when a low of 129.86 was recorded. The pair closed at 132.00, losing 1.98% on a daily basis. The cross fell 3.01% for the whole week, which marked a fourth consecutive weekly loss. […] Read more

Forex Market: USD/CAD daily trading forecast

January 23, 2015 8:57 am
Yesterday’s trade saw USD/CAD within the range of 1.2310-1.2421. The daily high has also been the highest level since April 22nd 2009. The pair closed at 1.2381, gaining 0.32% on a daily basis. At 8:53 GMT today USD/CAD was down 0.07% for the day to trade at 1.2372. The pair touched a daily low at […] Read more

Forex Market: EUR/USD daily trading forecast

January 23, 2015 8:16 am
Yesterday’s trade saw EUR/USD within the range of 1.1316-1.1647. The daily low has also been the lowest level since September 19th 2003. The pair closed at 1.1366, tumbling 2.10% on a daily basis. At 8:07 GMT today EUR/USD was down 0.06% for the day to trade at 1.1355. The pair broke the first key weekly […] Read more

Forex Market: EUR/CHF daily trading forecast

January 23, 2015 8:00 am
Yesterday’s trade saw EUR/CHF within the range of 0.9842-1.0033. The pair closed at 0.9888, losing 0.77% on a daily basis, which also marked a third consecutive daily drop. At 7:54 GMT today EUR/CHF was down 0.08% for the day to trade at 0.9894. The pair touched a daily low at 0.9868 at 6:00 GMT. Fundamentals […] Read more

Forex Market: EUR/GBP daily trading forecast

January 23, 2015 7:43 am
Yesterday’s trade saw EUR/GBP within the range of 0.7553-0.7677. The pair closed at 0.7570, losing 1.26% on a daily basis. At 7:37 GMT today EUR/GBP was down 0.11% for the day to trade at 0.7562. The pair touched a daily low at 0.7552 at 6:00 GMT. Fundamentals Euro zone Manufacturing and Services PMI – preliminary […] Read more

Forex Market: USD/CAD daily trading forecast

January 22, 2015 8:38 am
Yesterday’s trade saw USD/CAD within the range of 1.2060-1.2395. The daily high has also been the highest level since April 23rd 2009. The pair closed at 1.2341, gaining 1.87% on a daily basis. At 8:34 GMT today USD/CAD was up 0.26% for the day to trade at 1.2373. The pair broke all three key weekly […] Read more

Forex Market: EUR/USD daily trading forecast

January 22, 2015 8:01 am
Yesterday’s trade saw EUR/USD within the range of 1.1540-1.1677. The pair closed at 1.1610, gaining 0.52% on a daily basis. On Wednesday the cross touched lows unseen since November 11th 2003 at 1.1539. At 7:58 GMT today EUR/USD was down 0.23% for the day to trade at 1.1582. The pair touched a daily low at […] Read more

Forex Market: EUR/CHF daily trading forecast

January 22, 2015 7:47 am
Yesterday’s trade saw EUR/CHF within the range of 0.9847-1.0135. The pair closed at 0.9969, losing 1.27% on a daily basis. At 7:45 GMT today EUR/CHF was down 0.49% for the day to trade at 0.9915. The pair touched a daily low at 0.9907. Fundamentals Euro zone Spanish unemployment Spains jobless rate probably decreased to 23.50% […] Read more