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Forex Market: EUR/GBP daily forecast

July 14, 2014 6:26 am
During Friday’s trading session EUR/GBP traded within the range of 0.7937-0.7961 and closed at 0.7952. At 6:23 GMT today EUR/GBP was losing 0.09% for the day to trade at 0.7945. The pair touched a daily low at 0.7944 at 00:50 GMT. Fundamental view Industrial production in the Euro zone probably jumped 0.5% in April from […] Read more

Forex Market: EUR/USD daily forecast

July 14, 2014 6:14 am
During Fridays trading session EUR/USD traded within the range of 1.3589-1.3651 and closed at 1.3604. At 6:10 GMT today EUR/USD was losing 0.03% for the day to trade at 1.3602. The pair touched a daily at 1.3598 at 1:25 GMT. Fundamental view Industrial production in the Euro zone probably jumped 0.5% in April from the […] Read more

Forex Market: USD/JPY trading forecast for Monday

July 13, 2014 6:01 am
During Friday’s trading session USD/JPY traded within the range of 101.22-101.39 and closed at 101.35, adding 0.01% for the day, but losing 0.7% on a weekly basis. Fundamental view Japan’s Ministry of Economy, Trade and Industry (METI) will release May’s final reading of the nation’s Industrial Production index at 7:30 GMT on Monday. In April […] Read more

Forex Market: USD/SGD forecast for Monday

July 12, 2014 7:06 am
During Friday’s trading session USD/SGD traded within the range of 1.2404-1.2430 and closed at 1.2410, losing 0.03% for the day and 0.39% on a weekly basis. Fundamental view Singapore Singaporean preliminary Gross Domestic Product (GDP) probably expanded 2.5% during the second quarter of the year compared to the first quarter, according to the median forecast […] Read more

Forex Market: EUR/JPY trading forecast for Monday

July 12, 2014 5:55 am
During Friday’s trading session EUR/JPY traded within the range of 137.50-138.59 and closed at 137.81, losing 0.01% for the day and 0.62% for the week. Fundamental view Japan Japans Ministry of Economy, Trade and Industry (METI) will release Mays final reading of the nations Industrial Production index at 7:30 GMT on Monday. In April the […] Read more

Forex Market: NZD/USD daily forecast

July 11, 2014 11:13 am
During yesterday’s trading session NZD/USD traded within the range of 0.8794-0.8836 and closed at 0.8810. At 11:09 GMT today NZD/USD was gaining 0.01% for the day to trade at 0.8823. The pair touched a daily high at 0.8833 at 8:20 GMT, breaching the first key resistance. Fundamental view The US Federal Budget Balance probably turned […] Read more

Forex Market: AUD/USD daily forecast

July 11, 2014 8:44 am
During yesterday’s trading session AUD/USD traded within the range of 0.9362-0.9456 and closed at 0.9384. At 8:40 GMT AUD/USD traded at 0.9400, gaining 0.06% for the day. The pair touched a daily high at 0.9406 at 8:25 GMT. Fundamental view The US Federal Budget Balance probably turned to surplus of $79 billion last month, after […] Read more

Forex Market: CAD/CHF daily forecast

July 11, 2014 7:05 am
During yesterday’s trading session CAD/CHF traded within the range of 0.8350-0.8385 and closed at 0.8383. At 7:00 GMT today CAD/CHF was gaining 0.1% for the day to trade at 0.8387. The pair touched a daily high at 0.8396 at 2:20 GMT, breaching the first key resistance. Fundamental view The number of employed people in Canada […] Read more

Forex Market: GBP/CAD daily forecast

July 11, 2014 6:54 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8238-1.8290 and closed at 1.8244. At 6:50 GMT today GBP/CAD was losing 0.06% for the day to trade at 1.8234. The pair touched a daily low at 1.8219 at 2:30 GMT, breaching the first key support. Fundamental view The number of employed people in Canada […] Read more

Forex Market: EUR/CAD daily forecast

July 11, 2014 6:39 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4481-1.4546 and closed at 1.4488. At 6:30 GMT today EUR/CAD was losing 0.08% for the day to trade at 1.4481. The pair touched a daily low at 1.4466 at 2:30 GMT, breaching the first key support. Fundamental view Euro zone Spain’s annualized index of consumer […] Read more