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Forex Market: NZD/USD daily forecast

May 29, 2014 7:38 am
During yesterday’s trading session NZD/USD traded within the range of 0.8470-0.8568 and closed at 0.8483. At 7:33 GMT today NZD/USD was losing 0.2% for the day to trade at 0.8477. The pair touched a daily low at 0.8474 at 1:50 GMT. Fundamental view The initial jobless claims in the US probably fell to 317 000 […] Read more

Forex Market: USD/CHF daily forecast

May 29, 2014 6:46 am
During yesterday’s trading session USD/CHF traded within the range of 0.8964-0.8990 and closed at 0.8983. At 6:40 GMT today USD/CHF was losing 0.05% for the day to trade at 0.8980. The pair touched a daily low at 0.8969 at 5:25 GMT, breaching the first key support. Fundamental view The initial jobless claims in the US […] Read more

Forex Market: EUR/USD daily forecast

May 29, 2014 6:33 am
During yesterday’s trading session EUR/USD traded within the range of 1.3589-1.3638 and closed at 1.3592. At 6:29 GMT today EUR/USD was adding 0.08% for the day to trade at 1.3603. The pair touched a daily high at 1.3610 at 3:25 GMT. Fundamental view The initial jobless claims in the US probably fell to 317 000 […] Read more

Forex Market: GBP/NZD daily forecast

May 28, 2014 9:46 am
During yesterday’s trading session GBP/NZD traded within the range of 1.9614-1.9732 and closed at 1.9620. At 9:41 GMT today GBP/NZD was adding 0.5% for the day to trade at 1.9728. The pair touched a daily high at 1.9748 at 8:40 GMT, breaching the first key resistance. Fundamental view At 10:00 GMT, the Confederation of British […] Read more

Forex Market: GBP/CHF daily forecast

May 28, 2014 8:42 am
During yesterday’s trading session GBP/CHF traded within the range of 1.5056-1.5107 and closed at 1.5074. At 8:38 GMT today GBP/CHF was losing 0.13% for the day to trade at 1.5055. The pair touched a daily low at 1.5038 at 7:10 GMT, breaching the first key support. Fundamental view At 10:00 GMT, the Confederation of British […] Read more

Forex Market: GBP/USD daily forecast

May 28, 2014 8:10 am
During yesterday’s trading session GBP/USD traded within the range of 1.6782-1.6882 and closed at 1.6810. At 8:03 GMT today GBP/USD was losing 0.27% for the day to trade at 1.6764. The pair touched a daily high at 1.6762 at 7:12 GMT, breaching the first key support. Fundamental view At 10:00 GMT, the Confederation of British […] Read more

Forex Market: EUR/GBP daily forecast

May 28, 2014 7:12 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8086-0.8145 and closed at 0.8097. At 7:11 GMT today EUR/GBP was adding 0.2% for the day to trade at 0.8128. The pair touched a daily high at 0.8129 at 7:10 GMT, breaching the first key resistance. Fundamental view Euro zone Euro zone’s gauge of economic […] Read more

Forex Market: EUR/CAD daily forecast

May 28, 2014 6:59 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4782-1.4828 and closed at 1.4801. At 6:55 GMT today EUR/CAD was losing 0.04% for the day to trade at 1.4803. The pair touched a daily low at 1.4784 at 5:40 GMT, breaching the first key support. Fundamental view Euro zone’s gauge of economic sentiment probably […] Read more

Forex Market: EUR/JPY daily forecast

May 28, 2014 6:49 am
During yesterday’s trading session EUR/JPY traded within the range of 138.82-139.37 and closed at 139.04. At 6:44 GMT today EUR/JPY was losing 0.11% for the day to trade at 138.91. The pair touched a daily low at 138.88 during early Asian trading hours. Fundamental view Euro zone’s gauge of economic sentiment probably improved to a […] Read more

Forex Market: CHF/NOK daily forecast

May 28, 2014 6:39 am
During yesterday’s trading session CHF/NOK traded within the range of 6.6359-6.6626 and closed at 6.6407. At 6:35 GMT today CHF/NOK was losing 0.02% for the day to trade at 6.6376. The pair touched a daily low at 6.6323 at 6:05 GMT. Fundamental view Retail Sales in Norway probably inched up 0.5% in April, following a […] Read more