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Forex Market: EUR/HKD daily forecast

May 19, 2014 7:20 am
During Friday’s trading session EUR/HKD traded within the range of 10.6085-10.6405 and closed at 10.6154. At 7:13 GMT today EUR/HKD was gaining 0.19% for the day to trade at 10.6350. The pair touched a daily high at 10.6369 at 7:07 GMT, breaching the first key resistance. Fundamental view The jobless rate in Hong Kong probably […] Read more

Forex Market: USD/SEK daily forecast

May 19, 2014 6:38 am
During Friday’s trading session USD/SEK traded within the range of 6.5590-6.5866 and closed at 6.5645. At 6:33 GMT today USD/SEK was losing 0.04% for the day to trade at 6.5616. The pair touched a daily low at 6.5532 at 6:00 GMT, breaching the first key support. Fundamental view The unemployment rate in Sweden probably fell […] Read more

Forex Market: EUR/SEK daily forecast

May 19, 2014 6:26 am
During Friday’s trading session EUR/SEK traded within the range of 8.9847-9.0192 and closed at 8.9893. At 6:21 GMT today EUR/SEK was gaining 0.05% for the day to trade at 8.9936. The pair touched a daily high at 9.0020 at 5:50 GMT. Fundamental view The unemployment rate in Sweden probably fell to 8.5% in April, according […] Read more

Forex Market: NOK/SEK daily forecast

May 19, 2014 6:14 am
During Friday’s trading session NOK/SEK traded within the range of 1.1035-1.1071 and closed at 1.1059. At 6:07 GMT today NOK/SEK was losing 0.03% for the day to trade at 1.1056. The pair touched a daily low at 1.1050 at 6:05 GMT. Fundamental view The unemployment rate in Sweden probably fell to 8.5% in April, according to the […] Read more

Forex Market: USD/JPY forecast for Monday

May 18, 2014 7:08 am
During Friday’s trading session USD/JPY traded within the range of 101.36-101.67 and closed at 101.52, losing 0.05% on a daily basis and 0.33% for the week. Fundamental view Japanese Machine Orders probably increased 4.2% in March on annual basis and 6.0% on a monthly basis, according to the median estimate by experts. In February compared […] Read more

Forex Market: EUR/NZD trading forecast for Monday

May 18, 2014 6:41 am
During Fridays trading session EUR/NZD traded within the range of 1.5845-1.5911 and closed at 1.5865. Fundamental view The New Zealand input PPI probably rose 0.4% in the first quarter, following an unexpected 0.7% drop in the previous quarter. The quarterly PPI expresses changes in price levels of the manufacturing sector of the economy. It compares […] Read more

Forex Market: GBP/NZD trading forecast for Monday

May 17, 2014 6:29 am
During Friday’s trading session GBP/NZD traded within the range of 1.9401-1.9510 and closed at 1.9476. Fundamental view New Zealand The New Zealand input PPI probably rose 0.4% in the first quarter, following an unexpected 0.7% drop in the previou quarter. The quarterly PPI expresses changes in price levels of the manufacturing sector of the economy. […] Read more

Forex Market: USD/MXN daily forecast

May 16, 2014 11:37 am
During yesterday’s trading session USD/MXN traded within the range of 12.8919-12.9995 and closed at 12.9602. At 11:32 GMT today USD/MXN was gaining 0.01% for the day to trade at 12.9559. The pair touched a daily high at 12.9807 at 10:20 GMT. Fundamental view The monthly survey by Thomson Reuters and the University of Michigan may […] Read more

Forex Market: USD/JPY daily forecast

May 16, 2014 9:22 am
During yesterday’s trading session USD/JPY traded within the range of 101.32-102.11 and closed at 101.49. At 9:18 GMT today USD/JPY was losing 0.03% for the day to trade at 101.54. The pair touched a daily low at 101.42 during early Asian trading hours. Fundamental view The monthly survey by Thomson Reuters and the University of […] Read more

Forex Market: AUD/USD daily forecast

May 16, 2014 8:41 am
During yesterday’s trading session AUD/USD traded within the range of 0.9327-0.9393 and closed at 0.9356. At 8:35 GMT AUD/USD traded at 0.9350, losing 0.06% for the day. The pair touched a daily low at 0.9335 at 7:25 GMT. Fundamental view The monthly survey by Thomson Reuters and the University of Michigan may show that the […] Read more