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Forex Market: EUR/USD daily trading forecast

March 5, 2015 8:29 am
Yesterday’s trade saw EUR/USD within the range of 1.1060-1.1187. The daily low has also been the lowest level since September 9th 2003, when a low of 1.1055 was recorded. The pair closed at 1.1079, losing 0.87% on a daily basis. At 8:24 GMT today EUR/USD was down 0.28% for the day to trade at 1.1047. […] Read more

Forex Market: EUR/GBP daily trading forecast

March 5, 2015 8:04 am
Yesterday’s trade saw EUR/GBP within the range of 0.7233-0.7282. The pair closed at 0.7258, losing 0.25% on a daily basis. At 7:55 GMT today EUR/GBP was down 0.12% for the day to trade at 0.7249. The pair touched a daily low at 0.7240 at 6:15 GMT. Fundamentals Euro area Italian GDP – final estimate The […] Read more

Forex Market: USD/CAD daily trading forecast

March 4, 2015 9:23 am
Yesterday’s trade saw USD/CAD within the range of 1.2429-1.2545. The pair closed at 1.2496, losing 0.31% on a daily basis. At 9:21 GMT today USD/CAD was up 0.17% for the day to trade at 1.2517. The pair touched a daily high at 1.2518 at 9:13 GMT. Fundamentals United States Change in employment by ADP Employers […] Read more

Forex Market: EUR/USD daily trading forecast

March 4, 2015 8:51 am
Yesterday’s trade saw EUR/USD within the range of 1.1153-1.1219. The daily low has also been the lowest level since January 26th, when a low of 1.1098 was recorded. The pair closed at 1.1176, losing 0.07% on a daily basis. At 8:49 GMT today EUR/USD was down 0.41% for the day to trade at 1.1130. The […] Read more

Forex Market: EUR/GBP daily trading forecast

March 4, 2015 8:08 am
Yesterday’s trade saw EUR/GBP within the range of 0.7256-0.7290. The pair closed at 0.7276, losing 0.05% on a daily basis. At 8:07 GMT today EUR/GBP was up 0.02% for the day to trade at 0.7276. The pair touched a daily high at 0.7281 at 7:10 GMT. Fundamentals Euro area Services PMI by Markit – final […] Read more

Forex Market: CAD/JPY daily trading forecast

March 3, 2015 9:30 am
Yesterday’s trade saw CAD/JPY within the range of 95.36-95.99. The daily high has also been the highest level since February 18th, when a high of 96.37 was recorded. The pair closed at 95.83, up 0.09% on a daily basis and extending gains from Friday. At 9:27 GMT today CAD/JPY was down 0.09% for the day […] Read more

Forex Market: GBP/CAD daily trading forecast

March 3, 2015 8:57 am
Yesterday’s trade saw GBP/CAD within the range of 1.9198-1.9328. The pair closed at 1.9260, losing 0.11% on a daily basis. At 8:54 GMT today GBP/CAD was down 0.17% for the day to trade at 1.9230. The cross touched a daily low at 1.9217 at 8:25 GMT. Fundamentals United Kingdom Construction Purchasing Managers Index Activity in […] Read more

Forex Market: USD/CAD daily trading forecast

March 2, 2015 8:48 am
Friday’s trade saw USD/CAD within the range of 1.2530-1.2450. The cross settled 0.05% higher at 1.2514. At 8:47 GMT today USD/CAD was down 0.01% for the day to trade at 1.2513. The pair ranged between 1.2494 and 1.2527 during the day. Fundamentals United States The Bureau of Economic Analysis reported on Friday that the US […] Read more

Forex Market: EUR/USD daily trading outlook

March 2, 2015 8:22 am
Friday’s trade saw EUR/USD within the range of 1.1245-1.1177. The pair closed at 1.1194, losing 0.08% on a daily basis. At 7:51 GMT today EUR/USD was down 0.21% for the day to trade at 1.1172. The pair held in a daily range of 1.1160 – 1.1187. Fundamentals> Eurozone Manufacturing PMI data Spanish Manufacturing Purchasing Managers’ […] Read more

Forex Market: EUR/JPY trading forecast for Monday

March 1, 2015 6:04 am
Friday’s trade saw EUR/JPY within the range of 133.44-134.27. The daily low has also been the lowest level since February 5th, when a low of 132.49 was recorded. The pair closed at 133.91, gaining 0.13% on a daily basis. The cross fell 1.14% for the whole week, which marked the first loss in the past […] Read more