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Forex Market: GBP/USD trading outlook for May 9th

May 7, 2016 10:43 am
Friday’s trade saw GBP/USD within the range of 1.4415-1.4543. The pair closed at 1.4430, shedding 0.39% on a daily basis. It has been the 16th drop in the past 31 trading days and also a fourth consecutive one. The daily low has been the lowest level since April 25th, when a low of 1.4400 was […] Read more

Forex Market: USD/CAD daily trading outlook

May 6, 2016 6:30 am
Yesterday’s trade saw USD/CAD within the range of 1.2786-1.2875. The pair closed at 1.2854, shedding 0.12% on a daily basis. It has been the 44th drop in the past 88 trading days. The daily high has been a lower-high test of the high from May 4th. The major pair has extended its advance to 2.58% […] Read more

Forex Market: USD/CAD daily trading outlook

May 5, 2016 7:21 am
Yesterday’s trade saw USD/CAD within the range of 1.2697-1.2886. The pair closed at 1.2864, surging 1.12% on a daily basis. It has been the 44th gain in the past 87 trading days and also a second consecutive one. The daily high has been the highest level since April 18th, when a high of 1.2992 was […] Read more

Forex Market: GBP/USD daily trading outlook

May 5, 2016 6:56 am
Yesterday’s trade saw GBP/USD within the range of 1.4462-1.4572. The pair closed at 1.4505, shedding 0.20% on a daily basis. It has been the 14th drop in the past 29 trading days and also a second consecutive one. The daily low has been the lowest level since April 25th, when a low of 1.4400 was […] Read more

Forex Market: USD/CAD daily trading outlook

May 4, 2016 7:16 am
Yesterday’s trade saw USD/CAD within the range of 1.2461-1.2732. The pair closed at 1.2702, surging 1.38% on a daily basis. It has been the 43rd gain in the past 86 trading days and also the sharpest daily move since July 15th 2015, when USD/CAD advanced 1.49%. The daily high has been the highest level since […] Read more

Forex Market: GBP/USD daily trading outlook

May 4, 2016 6:47 am
Yesterday’s trade saw GBP/USD within the range of 1.4530-1.4769. The pair closed at 1.4548, plummeting 0.85% on a daily basis. It has been the 13th drop in the past 28 trading days and also the sharpest one since April 1st, when the major pair depreciated 0.95%. The daily low has been the lowest level since […] Read more

Forex Market: USD/CAD daily trading outlook

May 3, 2016 6:53 am
Yesterday’s trade saw USD/CAD within the range of 1.2513-1.2563. The pair closed at 1.2531, edging down 0.17% on a daily basis. It has been the 43rd drop in the past 85 trading days. The daily low has been a higher-low test of the 10-month low registered on April 29th. In weekly terms, USD/CAD lost 0.92% […] Read more

Forex Market: GBP/BGN trading outlook for May 2nd

May 1, 2016 3:11 pm
Friday’s trade saw GBP/BGN within the range of 2.4927-2.5212. The pair closed at 2.4950, falling 0.89% on a daily basis. It has been the 7th drop in the past 21 trading days and also the sharpest one since April 1st, when the pair depreciated 0.99%. The daily low has been the lowest level since April […] Read more

Forex Market: GBP/USD trading outlook for May 2nd

April 30, 2016 2:09 pm
Friday’s trade saw GBP/USD within the range of 1.4577-1.4670. The pair closed at 1.4603, inching down 0.05% on a daily basis. It has been the 12th drop in the past 24 trading days. The daily high has been an exact test of the high from February 4th. In weekly terms, GBP/USD added 1.39% to its […] Read more

Forex Market: USD/CAD daily trading outlook

April 28, 2016 6:51 am
Yesterday’s trade saw USD/CAD within the range of 1.2572-1.2693. The pair closed at 1.2584, edging down 0.16% on a daily basis. It has been the 41st drop in the past 82 trading days and also a second consecutive one. The daily low has been the lowest level since July 6th 2015, when a low of […] Read more