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Forex Market: CAD/MXN daily forecast

May 9, 2014 11:18 am
During yesterday’s trading session CAD/MXN traded within the range of 11.888-11.976 and closed at 11.953. At 11:13 GMT today CAD/MXN was gaining 0.23% for the day to trade at 11.979. The pair touched a daily high at 11.990 at 11:03 GMT, breaching the first key resistance. Fundamental view The number of the employed people in […] Read more

Forex Market: CAD/JPY daily forecast

May 9, 2014 9:18 am
During yesterday’s trading session CAD/JPY traded within the range of 93.36-93.94 and closed at 93.79. At 09:14 GMT today CAD/JPY was adding 0.2% for the day to trade at 94.05. The pair touched a daily high at 94.06 at 9:10 GMT, breaching the first key resistance. Fundamental view The number of the employed people in […] Read more

Forex Market: NZD/CAD daily forecast

May 9, 2014 8:29 am
During yesterday’s trading session NZD/CAD traded within the range of 0.9347-0.9440 and closed at 0.9365. At 8:21 GMT today NZD/CAD was losing 0.09% for the day to trade at 0.9356. The pair touched a daily low at 0.9329 at 1:30 GMT. Fundamental view The number of the employed people in Canada probably increased by 21 […] Read more

Forex Market: CAD/CHF daily forecast

May 9, 2014 8:01 am
During yesterday’s trading session CAD/CHF traded within the range of 0.7992-0.8132 and closed at 0.8125. At 7:58 GMT today CAD/CHF was gaining 0.09% for the day to trade at 0.8134. The pair touched a daily high at 0.8147 at 6:40 GMT. Fundamental view The number of the employed people in Canada probably increased by 21 […] Read more

Forex Market: EUR/GBP daily forecast

May 9, 2014 7:48 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8169-0.8248 and closed at 0.8175. At 7:43 GMT today EUR/GBP was losing 0.04% for the day to trade at 0.8171. The pair touched a daily low at 0.8166 at 6:42 GMT. Fundamental view The deficit on United Kingdom’s trade balance probably narrowed to 9.000 billion GBP in […] Read more

Forex Market: GBP/AUD daily forecast

May 9, 2014 7:26 am
During yesterday’s trading session GBP/AUD traded within the range of 1.8029-1.8188 and closed at 1.8076. At 7:21 GMT today GBP/AUD was gaining 0.19% for the day to trade at 1.8094. The pair touched a daily low at 1.8102 at 1:30 GMT. Fundamental view Annualized industrial output in the United Kingdom probably expanded 2.4% in March, […] Read more

Forex Market: GBP/CHF daily forecast

May 9, 2014 7:04 am
During yesterday’s trading session GBP/CHF traded within the range of 1.4766-1.4915 and closed at 1.4903. At 6:59 GMT today GBP/CHF was adding 0.1% for the day to trade at 1.4917. The pair touched a daily high at 1.4925 at 6:44 GMT, the strongest since February 18. Fundamental view The deficit on United Kingdom’s trade balance probably narrowed […] Read more

Forex Market: GBP/CAD daily forecast

May 9, 2014 6:53 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8313-1.8488 and closed at 1.8343. At 6:48 GMT today GBP/CAD was losing 0.11% for the day to trade at 1.8318. The pair touched a daily low at 1.8316 at 6:09 GMT. Fundamental view Canada The number of the employed people in Canada probably increased by […] Read more

Forex Market: CHF/NOK daily forecast

May 9, 2014 6:41 am
During yesterday’s trading session CHF/NOK traded within the range of 6.6864-6.7493 and closed at 6.7028. At 6:35 GMT today CHF/NOK was losing 0.16% for the day to trade at 6.6913. The pair touched a daily low at 6.6889 at 6:25 GMT. Fundamental view Norway’s annualized index of consumer prices (CPI) probably gained 1.7% in April. […] Read more

Forex Market: EUR/NOK daily forecast

May 9, 2014 6:28 am
During yesterday’s trading session EUR/NOK traded within the range of 8.1467-8.2263 and closed at 8.1656. At 6:21 GMT today EUR/NOK was losing 0.1% for the day to trade at 8.1584. The pair touched a daily low at 8.1535 at 5:59 GMT. Fundamental view Norway’s annualized index of consumer prices (CPI) probably gained 1.7% in April. […] Read more