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Forex Market: USD/MXN daily forecast

May 13, 2014 11:25 am
During yesterday’s trading session USD/MXN traded within the range of 12.9316-12.9721 and closed at 12.9526. At 11:20 GMT today USD/MXN was losing 0.13% for the day to trade at 12.9372. The pair touched a daily low at 12.9332 at 10:18 GMT. Fundamental view Retail Sales in the US probably rose 0.4% in April, following a […] Read more

Forex Market: EUR/CAD daily forecast

May 13, 2014 8:21 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4970-1.5015 and closed at 1.4994. At 8:13 GMT today EUR/CAD was gaining 0.29% for the day to trade at 1.5034. The pair touched a daily high at 1.5044 at 7:22 GMT, breaching the two key resistances. Fundamental view The economic sentiment in Germany probably deteriorated […] Read more

Forex Market: EUR/USD daily forecast

May 13, 2014 8:04 am
During yesterday’s trading session EUR/USD traded within the range of 1.3749-1.3775 and closed at 1.3756. At 8:00 GMT today EUR/USD was adding 0.08% for the day to trade at 1.3769. The pair touched a daily high at 1.3772 at 7:28 GMT, breaching the first resistance. Fundamental view Euro zone The economic sentiment in Germany probably […] Read more

Forex Market: EUR/JPY daily forecast

May 13, 2014 7:02 am
During yesterday’s trading session EUR/JPY traded within the range of 140.13-140.63 and closed at 140.56. At 6:56 GMT EUR/JPY traded at 140.80, gaining 0.21% for the day. The pair broke the first key resistance and touched a daily high at 140.85 at 6:44 GMT. Fundamental view The economic sentiment in Germany probably deteriorated to 40.0 […] Read more

Forex Market: NOK/SEK daily forecast

May 13, 2014 6:50 am
During yesterday’s trading session NOK/SEK traded within the range of 1.1066-1.1148 and closed at 1.1096. At 6:44 GMT today NOK/SEK was adding 0.06% for the day to trade at 1.1094. The pair touched a daily high at 1.1101 at 5:05 GMT. Fundamental view Sweden’s annualized index of consumer prices (CPI) probably rose 0.3% in April, […] Read more

Forex Market: EUR/NZD daily forecast

May 13, 2014 6:37 am
During yesterday’s trading session EUR/NZD traded within the range of 1.5938-1.5985 and closed at 1.5954. At 6:33 GMT today EUR/NZD was losing 0.03% for the day to trade at 1.5955. The pair touched a daily low at 1.5930 at 4:05 GMT, breaching the first key support. Fundamental view The economic sentiment in Germany probably deteriorated […] Read more

Forex Market: EUR/SEK daily forecast

May 13, 2014 6:28 am
During yesterday’s trading session EUR/SEK traded within the range of 9.0077-9.0429 and closed at 9.0373. At 6:22 GMT today EUR/SEK was gaining 0.03% for the day to trade at 9.0361. The pair touched a daily high at 9.0437 at 5:10 GMT. Fundamental view Euro zone The economic sentiment in Germany probably deteriorated to 40.0 in […] Read more

Forex Market: USD/SEK daily forecast

May 13, 2014 6:17 am
During yesterday’s trading session USD/SEK traded within the range of 6.5434-6.5759 and closed at 6.5696. At 6:12 GMT today USD/SEK was gaining 0.06% for the day to trade at 6.5666. The pair touched a daily high at 6.5729 at 5:10 GMT. Fundamental view Sweden’s annualized index of consumer prices (CPI) probably rose 0.3% in April, […] Read more

Forex Market: USD/CAD daily forecast

May 12, 2014 12:03 pm
During Friday’s trading session USD/CAD traded within the range of 1.0817-1.0916 and closed at 1.0898. At 11:59 GMT today USD/CAD was losing 0.17% for the day to trade at 1.0879. The pair touched a daily low at 1.0876 at 11:57 GMT. Fundamental view The US Federal Budget Surplus probably expanded to $114 in April, after […] Read more

Forex Market: CAD/MXN daily forecast

May 12, 2014 11:21 am
During Friday’s trading session CAD/MXN traded within the range of 11.874-11.990 and closed at 11.877. At 11:15 GMT today CAD/MXN was gaining 0.05% for the day to trade at 11.882. The pair touched a daily high at 11.895 at 9:35 GMT. Technical view Mexico’s annualized industrial production probably expanded 3.7% in April, according to the […] Read more