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Forex Market: USD/BGN daily forecast

May 2, 2014 8:58 am
During yesterday’s trading session USD/BGN traded within the range of 1.4082-1.4108 and closed at 1.4101. At 8:50 GMT today USD/BGN was gaining 0.06% for the day to trade at 1.4110. The pair breached the first key resistance and touched a daily high at 1.4119 at 7:35 GMT. Fundamental view Employers in all sectors of economy […] Read more

Forex Market: NZD/USD daily forecast

May 2, 2014 8:33 am
During yesterday’s trading session NZD/USD traded within the range of 0.8600-0.8640 and closed at 0.8628. At 8:28 GMT today NZD/USD was adding 0.05% for the day to trade at 0.8637. The pair touched a daily high at 0.8640 at 7:48 GMT. Fundamental view Employers in all sectors of economy in the United States, excluding the […] Read more

Forex Market: EUR/NZD daily forecast

May 2, 2014 7:56 am
During yesterday’s trading session EUR/NZD traded within the range of 1.6047-1.6128 and closed at 1.6075. At 7:52 GMT today EUR/NZD was losing 0.14% for the day to trade at 1.6042. The pair touched a daily low at 1.6034 at 7:45 GMT, breaching the first support level of 1.6039. Fundamental view The final manufacturing Purchasing Managers’ […] Read more

Forex Market: AUD/USD daily forecast

May 2, 2014 7:25 am
During yesterday’s trading session AUD/USD traded within the range of 0.9261-0.9313 and closed at 0.9275. At 7:16 GMT today AUD/USD was losing 0.01% to trade at 0.9272. The pair touched a daily low at 0.9266 at 00:45 GMT. Fundamental view Employers in all sectors of economy in the United States, excluding the farming industry, probably […] Read more

Forex Market: EUR/USD daily forecast

May 2, 2014 6:52 am
During yesterday’s trading session EUR/USD traded within the range of 1.3863-1.3889 and closed at 1.3870. At 6:47 GMT today EUR/USD was losing 0.07% for the day to trade at 1.3859. The pair touched a daily low at 1.3856 at 5:44 GMT, breaching the first support level of 1.3859. Fundamental view Euro zone The final manufacturing […] Read more

Forex Market: GBP/CHF daily forecast

May 2, 2014 6:42 am
During yesterday’s trading session GBP/CHF traded within the range of 1.4830-1.4870 and closed at 1.4853. At 6:37 GMT today GBP/CHF was adding 0.05% for the day to trade at 1.4860. The pair touched a daily high at 1.4863 at 6:06 GMT. Fundamental view The SVME Purchasing Managers’ Index in Switzerland probably improved to 55.0 in […] Read more

Forex Market: EUR/CHF daily forecast

May 2, 2014 6:32 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2189-1.2210 and closed at 1.2194. At 6:28 GMT today EUR/CHF was gaining 0.02% for the day to trade at 1.2196. The pair touched a daily high at 1.2197 at 5:47 GMT. Fundamental view Switzerland The SVME Purchasing Managers Index in Switzerland probably improved to 55.0 […] Read more

Forex Market: EUR/NOK daily forecast

May 2, 2014 6:23 am
During yesterday’s trading session EUR/NOK traded within the range of 8.2316-8.2532 and closed at 8.2478. At 06:17 GMT today EUR/NOK was losing 0.01% for the day to trade at 8.2446. The pair touched a daily low at 8.2401 at 06:03 GMT. Norway The Manufacturing Purchasing Managers’ Index (PMI) in Norway probably rose to 52.5 in […] Read more

Forex Market: USD/NOK daily forecast

May 2, 2014 6:12 am
During yesterday’s trading session USD/NOK traded within the range of 5.9358-5.9503 and closed at 5.9466. At 6:07 GMT today USD/NOK was gaining 0.1% for the day to trade at 5.9490. The pair touched a daily high at 5.9532 at 5:30 GMT, breaching the first resistance level of 5.9527. Fundamental view Norway The Manufacturing Purchasing Managers […] Read more

Forex Market: NZD/USD daily forecast

May 1, 2014 10:57 am
During yesterday’s trading session NZD/USD traded within the range of 0.8549-0.8631 and closed at 0.8609. At 10:50 GMT today NZD/USD was adding 0.02% for the day to trade at 0.8618. The pair touched a daily high at 0.8636 at 8:20 GMT. Fundamental view At 14:00 GMT the Institute for Supply Management (ISM) is to report […] Read more