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Forex Market: NZD/USD daily forecast

June 5, 2014 9:27 am
During yesterday’s trading session NZD/USD traded within the range of 0.8402-0.8442 and closed at 0.8424. At 9:22 GMT today NZD/USD was adding 0.23% for the day to trade at 0.8440. The pair touched a daily high at 0.8451 at 4:20 GMT, breaching the first key resistance. Fundamental view The initial jobless claims in the US probably rose […] Read more

Forex Market: GBP/JPY daily forecast

June 5, 2014 7:59 am
During yesterday’s trading session GBP/JPY traded within the range of 171.37-172.07 and closed at 171.87. At 7:53 GMT GBP/JPY traded at 171.84, losing 0.08% for the day. The pair touched a daily low at 171.62 at 4:35 GMT. Fundamental view At 11:00 GMT Bank of England is to announce its decision on monetary policy. The […] Read more

Forex Market: GBP/CAD daily forecast

June 5, 2014 7:13 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8252-1.8354 and closed at 1.8320. At 7:09 GMT today GBP/CAD was gaining 0.09% for the day to trade at 1.8328. The pair touched a daily high at 1.8352 at 3:25 GMT. Fundamental view United Kingdom At 11:00 GMT Bank of England is to announce its […] Read more

Forex Market: GBP/NZD daily forecast

June 5, 2014 7:02 am
During yesterday’s trading session GBP/NZD traded within the range of 1.9812-1.9933 and closed at 1.9871. At 6:57 GMT today GBP/NZD was losing 0.23% for the day to trade at 1.9830. The pair touched a daily low at 1.9819 at 4:20 GMT. Fundamental view At 11:00 GMT Bank of England is to announce its decision on […] Read more

Forex Market: EUR/AUD daily forecast

June 5, 2014 6:51 am
During yesterday’s trading session EUR/AUD traded within the range of 1.4645-1.4716 and closed at 1.4670. At 6:47 GMT today EUR/AUD was losing 0.02% for the day to trade at 1.4656. The pair touched a daily low at 1.4643 at 4:20 GMT. Fundamental view Annualized retail sales in the Euro region as a whole probably rose […] Read more

Forex Market: EUR/CAD daily forecast

June 5, 2014 6:43 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4866-1.4919 and closed at 1.4886. At 6:38 GMT today EUR/CAD was gaining 0.12% for the day to trade at 1.4895. The pair touched a daily high at 1.4906 at 6:08 GMT. Fundamental view Euro zone Annualized retail sales in the Euro region as a whole […] Read more

Forex Market: EUR/GBP daily forecast

June 5, 2014 6:33 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8120-0.8150 and closed at 0.8126. At 6:30 GMT today EUR/GBP was losing 0.01% for the day to trade at 0.8123. The pair touched a daily low at 0.8119 at 3:25 GMT. Fundamental view Euro zone Annualized retail sales in the Euro region as a whole […] Read more

Forex Market: USD/CAD daily forecast

June 4, 2014 11:18 am
During yesterday’s trading session USD/CAD traded within the range of 1.0891-1.0922 and closed at 1.0918. At 11:14 GMT today USD/CAD was gaining 0.19% for the day to trade at 1.0929. The pair touched a daily high at 1.0942 at 6:20 GMT, breaching the first two key resistances. Fundamental view United States Employment in United States’ […] Read more

Forex Market: AUD/USD daily forecast

June 4, 2014 11:08 am
During yesterday’s trading session AUD/USD traded within the range of 0.9230-0.9287 and closed at 0.9258. At 11:03 GMT today AUD/USD was adding 0.09% for the day to trade at 0.9274. The pair touched a daily high at 0.9297 at 1:30, breaching the first key resistance. Fundamental view Employment in United States’ private sector probably increased […] Read more

Forex Market: NZD/CAD daily forecast

June 4, 2014 8:17 am
During yesterday’s trading session NZD/CAD traded within the range of 0.9186-0.9240 and closed at 0.9211. At 8:11 GMT today NZD/CAD was gaining 0.04% for the day to trade at 0.9200. The pair touched a daily low at 0.9222 during early Asian trading. Fundamental view Canada’s trade balance probably produced a surplus at the amount of […] Read more