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Forex Market: USD/MXN daily forecast

August 12, 2014 11:22 am
Yesterday’s trade saw USD/MXN within the range of 13.1639-13.2614. The pair closed at 13.1769, losing 0.58% on a daily basis. At 11:15 GMT today USD/MXN was up 0.15% for the day to trade at 13.1982. The pair touched a daily high at 13.2083 at 10:20 GMT. Fundamental view United States The United States probably recorded […] Read more

Forex Market: USD/CAD daily forecast

August 12, 2014 11:07 am
During yesterday’s trading session USD/CAD traded within the range of 1.0919-1.0978 and closed at 1.0928, losing 0.4% for the day. At 11:04 GMT today USD/CAD was adding 0.21% for the day to trade at 1.0944. The pair touched a daily high at 1.0948 at 9:55 GMT. Fundamental view The US Federal Budget Balance probably turned […] Read more

Forex Market: AUD/USD daily forecast

August 12, 2014 8:10 am
During yesterday’s trading session AUD/USD traded within the range of 0.9259-0.9286 and closed at 0.9261, losing 0.18% for the day. At 8:04 GMT AUD/USD traded at 0.9265, adding 0.02% for the day. The pair touched a daily low at 0.9248 at 1:15 GMT, breaching the first key daily support. Fundamental view The US Federal Budget […] Read more

Forex Market: NZD/USD daily forecast

August 12, 2014 7:58 am
During yesterday’s trading session NZD/USD traded within the range of 0.8451-0.8476 and closed at 0.8455, losing 0.11% on a daily basis. At 7:55 GMT today NZD/USD was losing 0.42% for the day to trade at 0.8422. The pair touched a daily low at 0.8409 at 6:10 GMT (the pairs weakest since June 4th), breaching all […] Read more

Forex Market: USD/ILS daily forecast

August 12, 2014 7:48 am
Yesterday’s trade saw USD/ILS within the range of 3.4560-3.4752. The pair closed at 3.4648, losing 0.14% on a daily basis. At 7:42 GMT today USD/ILS was up 0.35% for the day to trade at 3.4770. The pair broke the first key daily resistance level and touched a daily high at 3.4794 at 6:30 GMT. Fundamental […] Read more

Forex Market: EUR/JPY daily forecast

August 12, 2014 7:25 am
Yesterday’s trade saw EUR/JPY within the range of 136.59-136.94. The pair closed at 136.80, losing 0.10% on a daily basis. At 7:11 GMT today EUR/JPY was up 0.01% for the day to trade at 136.73. The pair touched a daily high at 136.90 during early Asian session. Fundamental view Euro zone The gauge of economic […] Read more

Forex Market: EUR/NZD daily forecast

August 12, 2014 7:05 am
During yesterday’s trading session EUR/NZD traded within the range of 1.5808-1.5843 and closed at 1.5828, losing 0.06% for the day. At 7:03 GMT today EUR/NZD was adding 0.32% for the day to trade at 1.5874. The pair touched a daily high at 1.5900 at 4:30 GMT, breaching all three key daily resistance levels. Fundamental view […] Read more

Forex Market: USD/BGN daily forecast

August 12, 2014 6:58 am
Yesterday’s trade saw USD/BGN within the range of 1.4587-1.4617. The pair closed at 1.4614, gaining 0.16% on a daily basis. At 6:51 GMT today USD/BGN was up 0.12% for the day to trade at 1.4630. The pair breached the first two daily resistance levels and touched a daily high at 1.4638 at 6:45 GMT. Fundamental […] Read more

Forex Market: EUR/AUD daily forecast

August 12, 2014 6:56 am
During yesterday’s trading session EUR/AUD traded within the range of 1.4430-1.4461 and closed at 1.4450, gaining 0.01% for the day. At 6:50 GMT today EUR/AUD was losing 0.05% for the day to trade at 1.4441. The pair touched a daily low at 1.4428 at 1:40 GMT, breaching the first key daily support level. Fundamental view […] Read more

Forex Market: EUR/CAD daily forecast

August 12, 2014 6:44 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4614-1.4712 and closed at 1.4624, losing 0.57% on a daily basis. At 6:40 GMT today EUR/CAD was gaining 0.04% for the day to trade at 1.4624. The pair touched a daily high at 1.4633 at 5:25 GMT. Fundamental view The ZEW economic sentiment in Germany, […] Read more