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Forex Market: EUR/CAD daily trading outlook

August 25, 2014 7:17 am
Friday’s trade saw EUR/CAD within the range of 1.4566-1.4474. The pair closed at 1.4493, losing 0.28% on a daily basis. At 7:15 GMT today EUR/CAD was down 0.37% for the day to trade at 1.4439. The pair touched a daily low at 1.4437 at 6:10 GMT. Fundamental view Germany CESifo Group is to release its […] Read more

Forex Market: USD/HKD trading forecast for Monday

August 24, 2014 9:57 am
Friday’s trade saw USD/HKD within the range of 7.7500-7.7504. The pair closed at 7.7502, gaining 0.01% on a daily basis, while losing 0.01% for the whole week. Fundamental view United States Activity in US services sector probably slowed down in August, with the corresponding preliminary Purchasing Managers Index coming in at a reading of 59.9, […] Read more

Forex Market: USD/SGD trading forecast for Monday

August 23, 2014 6:57 am
Friday’s trade saw USD/SGD within the range of 1.2472-1.2498. The pair closed at 1.2495, losing 0.01% on a daily basis, while gaining 0.32% for the whole week. Fundamental view United States Activity in US services sector probably slowed down in August, with the corresponding preliminary Purchasing Managers Index coming in at a reading of 59.9, […] Read more

Forex Market: USD/RUB daily trading forecast

August 22, 2014 12:48 pm
Yesterday’s trade saw USD/RUB within the range of 35.977-36.393. The pair closed at 36.014, losing 0.88% on a daily basis. At 12:42 GMT today USD/RUB was up 0.46% for the day to trade at 36.212. The pair broke the first key daily and the first key weekly resistance levels and touched a daily high at […] Read more

Forex Market: GBP/CAD daily trading forecast

August 22, 2014 9:04 am
Yesterday’s trade saw GBP/CAD within the range of 1.8138-1.8218. The pair closed at 1.8148, losing 0.35% on a daily basis. At 8:53 GMT today GBP/CAD was up 0.10% for the day to trade at 1.8161. The pair touched a daily high at 1.8166 at 8:55 GMT. Fundamental view Canada The annualized index of consumer prices […] Read more

Forex Market: USD/BRL daily trading forecast

August 22, 2014 8:10 am
Yesterday’s trade saw USD/BRL within the range of 2.2510-2.2698. The pair closed at 2.2687, gaining 0.28% on a daily basis. At 8:06 GMT today USD/BRL was up 0.04% for the day to trade at 2.2698. The pair touched a daily high at 2.2699 at 6:15 GMT. Fundamental view United States At 14:00 GMT Federal Reserve […] Read more

Forex Market: USD/MXN daily trading forecast

August 22, 2014 7:37 am
Yesterday’s trade saw USD/MXN within the range of 13.0800-13.1460. The pair closed at 13.1105, losing 0.19% on a daily basis. At 7:29 GMT today USD/MXN was up 0.06% for the day to trade at 13.1104. The pair touched a daily high at 13.1152 during early Asian trade. Fundamental view United States At 14:00 GMT Federal […] Read more

Forex Market: CAD/MXN daily trading forecast

August 22, 2014 7:13 am
Yesterday’s trade saw CAD/MXN within the range of 11.9359-11.9859. The pair closed at 11.9776, gaining 0.01% on a daily basis. At 7:08 GMT today CAD/MXN was up 0.05% for the day to trade at 11.9812. The pair touched a daily high at 11.9908 at 5:55 GMT. Fundamental view Canada The annualized index of consumer prices […] Read more

Forex Market: USD/CAD daily trading forecast

August 22, 2014 6:52 am
Yesterday’s trade saw USD/CAD within the range of 1.0940-1.0986. The pair closed at 1.0946, losing 0.22% on a daily basis. At 6:46 GMT today USD/CAD was down 0.06% for the day to trade at 1.0934. The pair broke the first key daily support level and touched a daily low at 1.0928 at 5:40 GMT. Fundamental […] Read more

Forex Market: EUR/CAD daily trading forecast

August 22, 2014 6:28 am
Yesterday’s trade saw EUR/CAD within the range of 1.4526-1.4570. The pair closed at 1.4534, losing 0.08% on a daily basis. At 6:26 GMT today EUR/CAD was up 0.08% for the day to trade at 1.4542. The pair touched a daily high at 1.4544 at 6:25 GMT. Fundamental view Euro zone At 18:30 GMT European Central […] Read more