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Forex Market: USD/CAD daily trading forecast

December 16, 2014 8:53 am
Friday’s trade saw USD/CAD within the range of 1.1548-1.1673. The pair closed at 1.1670, gaining 0.71% on a daily basis. At 8:43 GMT today USD/CAD was down 0.18% for the day to trade at 1.1647. The pair touched a daily low at 1.1633. Fundamentals United States Housing Starts and Building Permits The number of housing […] Read more

Forex Market: GBP/USD daily trading forecast

December 16, 2014 8:01 am
Yesterday’s trade saw GBP/USD within the range of 1.5601-1.5746. The pair closed at 1.5637, losing 0.49% on a daily basis. At 7:56 GMT today GBP/USD was up 0.14% for the day to trade at 1.5657. The pair touched a daily high at 1.5671. Fundamentals United Kingdom Consumer inflation The cost of living in the United […] Read more

Forex Market: EUR/USD daily trading forecast

December 16, 2014 7:41 am
Yesterday’s trade saw EUR/USD within the range of 1.2414-1.2479. The pair closed at 1.2437, losing 0.27% on a daily basis. At 7:38 GMT today EUR/USD was up 0.16% for the day to trade at 1.2453. The pair touched a daily high at 1.2464. Fundamentals Euro zone Preliminary Manufacturing and Services data Frances manufacturing PMI probably […] Read more

Forex Market: EUR/GBP daily trading forecast

December 16, 2014 7:24 am
Yesterday’s trade saw EUR/GBP within the range of 0.7907-0.7972. The pair closed at 0.7952, gaining 0.31% on a daily basis. At 7:19 GMT today EUR/GBP was up 0.04% for the day to trade at 0.7955. The pair touched a daily high at 0.7961. Fundamentals Euro zone Preliminary Manufacturing and Services data Frances manufacturing PMI probably […] Read more

Forex Market: GBP/USD daily trading forecast

December 15, 2014 9:05 am
Friday’s trade saw GBP/USD within the range of 1.5692-1.5748. The pair closed at 1.5720, losing 0.08% on a daily basis. At 8:58 GMT today GBP/USD was up 0.02% for the day to trade at 1.5720. The pair touched a daily high at 1.5747 at 7:15 GMT. Fundamentals United Kingdom CBI Industrial Orders The gauge of […] Read more

Forex Market: EUR/GBP daily trading forecast

December 15, 2014 8:30 am
Friday’s trade saw EUR/GBP within the range of 0.7870-0.7943. The pair closed at 0.7927, gaining 0.47% on a daily basis. At 8:27 GMT today EUR/GBP was down 0.7910 0.24% for the day to trade at 0.7910. The pair touched a daily low at 0.7908 at 8:20 GMT. Fundamentals United Kingdom CBI Industrial Orders The gauge […] Read more

Forex Market: USD/JPY daily trading forecast

December 15, 2014 8:02 am
Friday’s trade saw USD/JPY within the range of 118.03-119.22. The pair closed at 118.80, gaining 0.11% on a daily basis. At 7:52 GMT today USD/JPY was down 0.35% for the day to trade at 118.37. The pair broke the first key support level and touched a daily low at 117.78 during early Asian trade. Fundamentals […] Read more

Forex Market: USD/CHF daily trading forecast

December 15, 2014 7:29 am
Friday’s trade saw USD/CHF within the range of 0.9616-0.9700. The pair closed at 0.9641, losing 0.42% on a daily basis. At 7:18 GMT today USD/CHF was down 0.03% for the day to trade at 0.9634, which is also the current daily low. Fundamentals United States New York Empire States Manufacturing data The New York Empire […] Read more

Forex Market: EUR/USD trading forecast for Monday

December 14, 2014 8:34 am
Friday’s trade saw EUR/USD within the range of 1.2382-1.2487. The pair closed at 1.2462, gaining 0.41% on a daily basis and 1.43% for the whole week. Fundamentals United States New York Empire States Manufacturing data The New York Empire State Manufacturing Index probably improved to a reading of 12.00 in December, according to the median […] Read more

Forex Market: USD/SGD trading forecast for Monday

December 13, 2014 7:46 am
Friday’s trade saw USD/SGD within the range of 1.3085-1.3142. The pair closed at 1.3140, adding 0.08% on a daily basis, while losing 0.65% for the whole week, which followed seven consecutive weekly gains. Fundamentals United States New York Empire States Manufacturing data The New York Empire State Manufacturing Index probably improved to a reading of […] Read more