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Forex Market: GBP/JPY forecast for Monday

April 19, 2014 6:38 am
During Friday’s trading session GBP/JPY traded within the range of 171.81-172.19 and closed at 172.05. Fundamental view At 23:50 GMT on April 20th Japans Ministry of Finance will report on countrys trade balance in March. In February the deficit was 800.3 billion JPY, as annualized exports rose 9.8% and annualized imports climbed 9.0%. At the […] Read more

Forex Market: EUR/USD daily forecast

April 18, 2014 6:47 am
During yesterday’s trading session EUR/USD traded within the range of 1.3811-1.3864 and closed at 1.3811. At 6:39 GMT today EUR/USD was gaining 0.04% for the day to trade at 1.3820. The pair touched a daily high at 1.3822 at 6:35 GMT. Fundamental view At 8:00 GMT Italys National Institute of Statistics is expected to release […] Read more

Forex Market: EUR/GBP daily forecast

April 18, 2014 6:35 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8215-0.8247 and closed at 0.8229. At 6:26 GMT today EUR/GBP was gaining 0.02% for the day to trade at 0.8228. The pair touched a daily high at 0.8232 during the early phase of Asian trade. Fundamental view At 8:00 GMT Italys National Institute of Statistics […] Read more

Forex Market: USD/CAD daily forecast

April 17, 2014 11:15 am
During yesterday’s trading session USD/CAD traded within the range of 1.0961-1.1034 and closed at 1.1011. At 11:13 GMT today USD/CAD was gaining 0.03% for the day to trade at 1.1016. The pair touched a daily low at 1.0997 at 06:45 GMT. Fundamental view United States The initial jobless claims in the US probably rose to […] Read more

Forex Market: USD/BGN daily forecast

April 17, 2014 11:12 am
During yesterday’s trading session USD/BGN traded within the range of 1.4122-1.4169 and closed at 1.4148. At 11:07 GMT today USD/BGN was losing 0.28% for the day to trade at 1.4117. The pair breached the first key support and touched a daily low at 1.4107 at 9:45 GMT. Fundamental view US weekly report on jobless claims […] Read more

Forex Market: USD/ZAR daily forecast

April 17, 2014 9:33 am
During yesterday’s trading session USD/ZAR traded within the range of 10.5112-10.5855 and closed at 10.5551. At 9:26 GMT today USD/ZAR was losing 0.36% for the day to trade at 10.5279. The pair touched a daily low at 10.5161 at 8:00 GMT. Fundamental view US weekly report on jobless claims Initial jobless claims in the United […] Read more

Forex Market: NZD/USD daily forecast

April 17, 2014 9:11 am
During yesterday’s trading session NZD/USD traded within the range of 0.8578-0.8637 and closed at 0.8630. At 9:09 GMT today NZD/USD was losing 0.02% for the day to trade at 0.8623. The pair touched a daily low at 0.8611 at 4:25 GMT. Fundamental view US weekly report on jobless claims Initial jobless claims in the United […] Read more

Forex Market: CAD/JPY daily forecast

April 17, 2014 8:55 am
During yesterday’s trading session CAD/JPY traded within the range of 92.70-93.27 and closed at 92.83. At 08:48 GMT today CAD/JPY was losing 0.1% for the day to trade at 92.74. The pair touched a daily low at 92.59 at 02:30 GMT, breaching the first support level of 92.60. Fundamental view The Consumer Price Index (CPI) […] Read more

Forex Market: USD/MXN daily forecast

April 17, 2014 8:54 am
During yesterday’s trading session USD/MXN traded within the range of 13.0318-13.1052 and closed at 13.0645. At 8:51 GMT today USD/MXN was losing 0.03% for the day to trade at 13.0603. The pair touched a daily low at 13.0443 during the early phase of Asian trade. Fundamental view US weekly report on jobless claims Initial jobless […] Read more

Forex Market: GBP/CAD daily forecast

April 17, 2014 8:10 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8360-1.8530 and closed at 1.8502. At 08:04 GMT today GBP/CAD was gaining 0.11% for the day to trade at 1.8518. The pair touched a daily high at 1.8537 at 04:45 GMT. Fundamental view The Consumer Price Index (CPI) in Canada probably rose 1.4% in March, […] Read more