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Forex Market: CAD/MXN daily forecast

August 11, 2014 8:22 am
During Friday’s trading session CAD/MXN traded within the range of 12.047-12.190 and closed at 12.071, losing 0.66% for the day and 0.04% on a weekly basis. At 8:12 GMT today CAD/MXN was losing 0.03% for the day to trade at 12.069. The pair touched a daily low at 12.050 at 5:00 GMT. Fundamental view Canada […] Read more

Forex Market: USD/NOK daily forecast

August 11, 2014 7:15 am
During Friday’s trading session USD/NOK traded within the range of 6.2188-6.2637 and closed at 6.2454, losing 0.06% for the day, extending the weekly loss to 0.36%. At 7:07 GMT today USD/NOK was losing 0.04% for the day to trade at 6.2428. The pair touched a daily low at 6.2313 at 00:00 GMT. Fundamental view Norway’s […] Read more

Forex Market: AUD/NOK daily forecast

August 11, 2014 6:57 am
During Friday’s trading session AUD/NOK traded within the range of 5.7686-5.7982 and closed at 5.7924, adding 0.06% for the day, trimming the weekly loss to 0.86%. At 6:50 GMT today AUD/NOK was losing 0.01% for the day to trade at 5.7916. The pair touched a daily low at 5.7828 at 5:00 GMT. Fundamental view Norway’s […] Read more

Forex Market: CAD/NOK daily forecast

August 11, 2014 6:44 am
During Fridays trading session CAD/NOK traded within the range of 5.6673-5.7295 and closed at 5.6901, losing 0.45% for the day and 0.98% on a weekly basis. At 6:39 GMT today CAD/NOK was losing 0.01% for the day to trade at 5.6894. The pair touched a daily low at 5.6774 at 5:25 GMT. Fundamental view Canada […] Read more

Forex Market: EUR/NOK daily forecast

August 11, 2014 6:29 am
During Friday’s trading session EUR/NOK traded within the range of 8.3461-8.3841 and closed at 8.3750, gaining 0.33% on a daily basis, but losing 0.49% for the week. At 6:22 GMT today EUR/NOK was down 0.19% for the day to trade at 8.3593. The pair touched a daily high at 8.3489 at 00:15 GMT, breaching the […] Read more

Forex Market: USD/CHF daily forecast

August 11, 2014 6:14 am
During Friday’s trading session USD/CHF traded within the range of 0.9032-0.9098 and closed at 0.9054, losing 0.41% for the day and 0.09% on a weekly basis. At 6:10 GMT today USD/CHF was adding 0.07% for the day to trade at 0.9060. The pair touched a daily high at 0.9064 at 2:20 GMT. Fundamental view Retail […] Read more

Forex Market: CAD/CHF trading forecast for Monday

August 10, 2014 7:01 am
During Friday’s trading session CAD/CHF traded within the range of 0.8237-0.8324 and closed at 0.8252, (the pairs weakest since June 19th) losing 0.76% and a 0.58% for the week. Fundamental view Canada Annualized number of housing starts in Canada probably declined to 195 300 in July from 198 200 in the previous month. Housing starts […] Read more

Forex Market: AUD/CHF trading forecast for Monday

August 9, 2014 6:16 am
Friday’s trade saw AUD/CHF within the range of 0.8378-0.8432. The pair closed at 0.8401, losing 0.24% on a daily basis and 0.45% for the whole week. Fundamental view Retail Sales in the country probably rose 0.3% in July compared to a year ago, following an unexpected 0.6% drop in the previous month, that was the […] Read more

Forex Market: USD/RUB forecast for Monday

August 9, 2014 5:58 am
Friday’s trade saw USD/RUB within the range of 36.117-36.544. The pair closed at 36.161, losing 0.52% on a daily basis, which trimmed the weekly gain to 1.14%. Fundamental view Russian Federation The surplus on Russias trade balance probably expanded to 18.700 billion USD in June, according to the median forecast by experts, following a surplus […] Read more

Forex Market: USD/CAD daily forecast

August 8, 2014 11:13 am
During yesterday’s trading session USD/CAD traded within the range of 1.0904-1.0938 and closed at 1.0933, adding 0.02% for the day. At 11:07 GMT today USD/CAD was adding 0.02% for the day to trade at 1.0925. The pair touched a daily high at 1.0948 at 2:30 GMT, breaching the first key daily resistance level. Fundamental view […] Read more