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Forex Market: USD/JPY daily forecast

April 17, 2014 7:35 am
During yesterday’s trading session USD/JPY traded within the range of 101.87-102.37 and closed at 102.22. At 07:31 GMT today USD/JPY was losing 0.23% for the day to trade at 102.00. The pair touched a daily low at 101.87 at 02:30 GMT, breaching the firs support level of 101.94. Fundamental view Weekly report on US jobless […] Read more

Forex Market: GBP/USD daily forecast

April 17, 2014 6:39 am
During yesterday’s trading session GBP/USD traded within the range of 1.6720-1.6818 and closed at 1.6803. At 06:32 GMT today GBP/USD was gaining 0.2% for the day to trade at 1.6830. The pair touched a daily high at 1.6838 at 00:15 GMT. Fundamental view US weekly report on jobless claims The initial jobless claims in the […] Read more

Forex Market: CAD/JPY daily forecast

April 16, 2014 9:13 am
During yesterday’s trading session CAD/JPY traded within the range of 92.38-92.95 and closed at 92.72. At 09:12 GMT today CAD/JPY was gaining 0.3% for the day to trade at 93.10. The pair touched a daily high at 93.19 at 06:10 GMT, breaching the first resistance level of 92.99. Fundamental view The Bank of Canada will […] Read more

Forex Market: USD/CAD daily forecast

April 16, 2014 8:54 am
During yesterday’s trading session USD/CAD traded within the range of 1.0964-1.1014 and closed at 1.0986. At 08:50 GMT today USD/CAD was gaining 0.03% for the day to trade at 1.0982. The pair touched a daily high at 1.0993 at 02:15 GMT. Fundamental view United States Housing starts in the US probably rose to 0.975 million […] Read more

Forex Market: GBP/CAD daily forecast

April 16, 2014 7:14 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8316-1.8432 and closed at 1.8376. At 07:12 GMT today GBP/CAD was gaining 0.07% for the day to trade at 1.8378. The pair touched a daily high at 1.8398 at 01:45 GMT. Fundamental view United Kingdom In the UK, the jobless claims declined by 30 000 […] Read more

Forex Market: EUR/AUD daily forecast

April 16, 2014 6:42 am
During yesterday’s trading session EUR/AUD traded within the range of 1.4671-1.4800 and closed at 1.4784. At 06:37 GMT today EUR/AUD was gaining 0.03% for the day to trade at 1.4760. The pair touched a daily high at 1.4800 at 00:45 GMT. Fundamental view The final reading of the harmonized index of consumer prices (HICP) in […] Read more

Forex Market: EUR/NOK daily forecast

April 16, 2014 6:31 am
During yesterday’s trading session EUR/NOK traded within the range of 8.2200-8.2530 and closed at 8.2253. At 06:22 GMT today EUR/NOK was losing 0.02% for the day to trade at 8.2222. The pair touched a daily low at 8.2175 at 06:00 GMT. Fundamental view The final reading of the harmonized index of consumer prices (HICP) in […] Read more