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Forex Market: USD/BRL daily trading forecast

August 21, 2014 11:37 am
Yesterday’s trade saw USD/BRL within the range of 2.2462-2.2639. The pair closed at 2.2623, gaining 0.69% on a daily basis. At 11:35 GMT today USD/BRL was down 0.01% for the day to trade at 2.2620, which is also the current daily low. Fundamental view United States The Jackson Hole Economic Policy Symposium is to be […] Read more

Forex Market: EUR/MXN daily trading forecast

August 21, 2014 8:54 am
Yesterday’s trade saw EUR/MXN within the range of 17.3428-17.4218. The pair closed at 17.4180, gaining 0.21% on a daily basis. At 8:50 GMT today EUR/MXN was down 0.09% for the day to trade at 17.4017. The pair broke the first key weekly support level and touched a daily low at 17.3912 at 8:25 GMT. Fundamental […] Read more

Forex Market: USD/JPY daily trading forecast

August 21, 2014 8:15 am
Yesterday’s trade saw USD/JPY within the range of 102.91-103.85. The pair closed at 103.71, gaining 0.74% on a daily basis. At 8:05 GMT today USD/JPY was up 0.06% for the day to trade at 103.82. The pair broke all three key weekly resistance levels and touched a daily high at 103.96 during early Asian trade. […] Read more

Forex Market: USD/ILS daily trading forecast

August 21, 2014 7:51 am
Yesterday’s trade saw USD/ILS within the range of 3.5259-3.5455. The pair closed at 3.5402, gaining 0.12% on a daily basis. At 7:46 GMT today USD/ILS was down 0.21% for the day to trade at 3.5341. The pair touched a daily low at 3.5305 at 7:30 GMT. Fundamental view United States The Jackson Hole Economic Policy […] Read more

Forex Market: USD/HKD daily trading forecast

August 21, 2014 7:15 am
Yesterday’s trade saw USD/HKD within the range of 7.7504-7.7508. The pair closed at 7.7508, gaining 0.01% on a daily basis. At 7:14 GMT today USD/HKD was down 0.01% for the day to trade at 7.7504, which is also the current daily low. Fundamental view United States The Jackson Hole Economic Policy Symposium is to be […] Read more

Forex Market: GBP/NOK daily trading forecast

August 21, 2014 6:54 am
Yesterday’s trade saw GBP/NOK within the range of 10.2410-10.3080. The pair closed at 10.2785, gaining 0.31% on a daily basis. At 6:53 GMT today GBP/NOK was down 0.17% for the day to trade at 10.2620. The pair touched a daily low at 10.2565 at 6:50 GMT. Fundamental view United Kingdom Annualized retail sales in the […] Read more

Forex Market: EUR/SEK daily trading forecast

August 21, 2014 6:40 am
Yesterday’s trade saw EUR/SEK within the range of 9.1489-9.1786. The pair closed at 9.1652, gaining 0.14% on a daily basis. At 6:33 GMT today EUR/SEK was up 0.04% for the day to trade at 9.1709. The pair touched a daily high at 9.1718 at 6:20 GMT. Fundamental view Euro zone Frances preliminary manufacturing PMI probably […] Read more

Forex Market: EUR/GBP daily trading forecast

August 21, 2014 6:15 am
Yesterday’s trade saw EUR/GBP within the range of 0.7970-0.8016. The pair closed at 0.7988, losing 0.34% on a daily basis. At 6:06 GMT today EUR/GBP was up 0.06% for the day to trade at 0.7995. The pair touched a daily high at 0.7996 at 5:45 GMT. Fundamental view Euro zone Frances preliminary manufacturing PMI probably […] Read more

Forex Market: USD/PLN daily trading forecast

August 20, 2014 9:01 am
Yesterday’s trade saw USD/PLN within the range of 3.1320-3.1443. The pair closed at 3.1403, gaining 0.24% on a daily basis. At 8:58 GMT today USD/PLN was up 0.28% for the day to trade at 3.1473. The pair broke the first key daily resistance and touched a daily high at 3.1379 at 9:00 GMT. Fundamental view […] Read more

Forex Market: EUR/USD plunges to fresh 11-month lows

August 20, 2014 8:06 am
The euro continued to slide against the US dollar on Wednesday and reached lows unseen since September 2013. EUR/USD fell to a daily low at 1.3285 at 7:44 GMT, which has been the pairs lowest level since September 13th 2013. The pair managed to breach the first key daily support, as well as the first […] Read more