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Forex Market: NZD/CAD daily forecast

May 7, 2014 8:58 am
During yesterday’s trading session NZD/CAD traded within the range of 0.9468-0.9590 and closed at 0.9485. At 8:55 GMT today NZD/CAD was losing 0.85% for the day to trade at 0.9442. The pair touched a daily low at 0.9438 at 8:51 GMT, breaching the first key support. Fundamental view The number of building permits in the […] Read more

Forex Market: USD/CHF daily forecast

May 7, 2014 8:36 am
During yesterday’s trading session USD/CHF traded within the range of 0.8721-0.8780 and closed at 0.8742. At 8:27 GMT today USD/CHF was losing 0.03% for the day to trade at 0.8740. The pair touched a daily low at 0.8734 at 7:45 GMT. Fundamental view Non-Farm Productivity in the US probably decreased 1.1% in the first quarter, […] Read more

Forex Market: AUD/USD daily forecast

May 7, 2014 8:01 am
During yesterday’s trading session AUD/USD traded within the range of 0.9271-0.9368 and closed at 0.9349. At 7:53 GMT AUD/USD traded at 0.9344, losing 0.04% for the day. The pair touched a daily low at 0.9334 at 1:30 GMT. Fundamental view Non-Farm Productivity in the US probably decreased 1.1% in the first quarter, according to the […] Read more

Forex Market: EUR/USD daily forecast

May 7, 2014 7:45 am
During yesterday’s trading session EUR/USD traded within the range of 1.3873-1.3951 and closed at 1.3929. At 7:40 GMT today EUR/USD was losing 0.03% for the day to trade at 1.3924. The pair touched a daily low at 1.3916 at 6:25 GMT. Fundamental view Non-Farm Productivity in the US probably decreased 1.1% in the first quarter, […] Read more

Forex Market: EUR/GBP daily forecast

May 7, 2014 6:39 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8194-0.8226 and closed at 0.8206. At 6:31 GMT today EUR/GBP was losing 0.11% for the day to trade at 0.8195. The pair touched a daily low at 0.8194 at 6:25 GMT. Fundamental view A survey by Halifax Bank of Scotland (HBOS), the largest mortgage lender […] Read more

Forex Market: GBP/CAD daily forecast

May 7, 2014 6:28 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8466-1.8570 and closed at 1.8488. At 6:18 GMT today GBP/CAD was losing 0.05% for the day to trade at 1.8482. The pair touched a daily low at 1.8469 at 6:05 GMT. Fundamental view A survey by Halifax Bank of Scotland (HBOS), the largest mortgage lender […] Read more

Forex Market: EUR/CAD daily forecast

May 6, 2014 7:22 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5194-1.5259 and closed at 1.5206. At 7:13 GMT today EUR/CAD was gaining 0.04% for the day to trade at 1.5206. The pair touched a daily high at 1.5210 at 2:35 GMT. Fundamental view Canada Canada’s trade balance probably produced a surplus at the amount of 0.300 billion […] Read more

Forex Market: AUD/USD daily forecast

May 6, 2014 7:05 am
During Friday’s trading session AUD/USD traded within the range of 0.9253-0.9290 and closed at 0.9284. At 6:56 GMT AUD/USD traded at 0.9291, gaining 0.19% for the day. The pair broke the first and the second key resistances and touched a daily high at 0.9316 at 4:30 GMT. Fundamental view Australia At 23:30 GMT the Australian […] Read more

Forex Market: USD/CAD daily forecast

May 5, 2014 7:54 am
During Friday’s trading session USD/CAD traded within the range of 1.0936-1.1004 and closed at 1.0973. At 7:52 GMT today USD/CAD was losing 0.08% for the day to trade at 1.0962. The pair touched a daily low at 1.0957 at 5:50 GMT. Fundamental view Activity in United States’ sector of services probably rose to a six-month […] Read more

Forex Market: EUR/JPY daily forecast

May 5, 2014 7:38 am
During Friday’s trading session EUR/JPY traded within the range of 141.65-142.41 and closed at 141.73. At 7:31 GMT EUR/JPY traded at 141.63, losing 0.07% for the day. The pair broke the first key support and touched a daily low at 141.29 during the early phase of Asian trade. Fundamental view Euro zone Confidence among investors […] Read more