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Forex Market: EUR/GBP daily forecast

April 23, 2014 6:33 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8198-0.8217 and closed at 0.8208. At 6:20 GMT today EUR/GBP was gaining 0.2% for the day to trade at 0.8222. The pair touched a daily high at 0.8222 at 6:15 GMT, breaching the first resistance level of 0.8217. Fundamental view Euro zone The advance manufacturing […] Read more

Forex Market: EUR/USD trims daily gains following upbeat US housing data

April 22, 2014 2:52 pm
The 18-nation common currency pared daily gains against the US dollar on Friday, as greenbacks demand was heightened by better-than-expected US housing data. EUR/USD hit a session high at 1.3825 at 12:20 GMT, after which the pair trimmed daily gains to trade little changed at 1.3790 at 14:36 GMT, losing 0.02% for the day. Support […] Read more

Forex Market: USD/CAD daily forecast

April 22, 2014 11:18 am
During yesterday’s trading session USD/CAD traded within the range of 1.1009-1.1031 and closed at 1.1020. At 11:14 GMT today USD/CAD was gaining 0.04% for the day to trade at 1.1017. The pair touched a daily high at 1.1024 at 10:15 GMT. Fundamental view United States Existing home sales in the U.S. probably decreased to an […] Read more

Forex Market: CAD/JPY daily forecast

April 22, 2014 9:06 am
During yesterday’s trading session CAD/JPY traded within the range of 92.96-93.26 and closed at 93.18. At 09:01 GMT today CAD/JPY was losing 0.17% for the day to trade at 93.04. The pair touched a daily low at 92.96 at 7:05 GMT, breaching the first support level of 93.01. Fundamental view Wholesale sales in Canada probably […] Read more

Forex Market: GBP/CAD daily forecast

April 22, 2014 8:52 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8487-1.8540 and closed at 1.8504. At 08:47 GMT today GBP/CAD was gaining 0.2% for the day to trade at 1.8530. The pair touched a daily high at 1.8533 at 8:32 GMT. Fundamental view Wholesale sales in Canada probably increased by 0.8% in February, following a […] Read more

Forex Market: AUD/CAD daily forecast

April 22, 2014 7:35 am
During yesterday’s trading session AUD/CAD traded within the range of 1.0261-1.0305 and closed at 1.0290. At 7:30 GMT today AUD/CAD was gaining 0.44% for the day to trade at 1.0317. The pair touched a daily high at 1.0324 at 7:00 GMT, breaching the first resistance level of 1.0310. Fundamental view Wholesale sales in Canada probably […] Read more

Forex Market: EUR/USD daily forecast

April 22, 2014 7:21 am
During yesterday’s trading session EUR/USD traded within the range of 1.3787-1.3830 and closed at 1.3792. At 7:16 GMT today EUR/USD was gaining 0.06% for the day to trade at 1.3801. The pair touched a daily high at 1.3806 at 6:50 GMT. Fundamental view Euro zone Consumer confidence in the euro zone probably improved to -9.2 […] Read more

Forex Market: USD/SEK daily forecast

April 22, 2014 6:35 am
During yesterday’s trading session USD/SEK traded within the range of 6.5853-6.6263 and closed at 6.6116. At 6:33 GMT today USD/SEK was losing 0.09% for the day to trade at 6.6071. The pair touched a daily low at 6.6053 at 6:05 GMT. Fundamental view United States At 14:00 GMT the National Association of Realtors (NAR) will […] Read more

Forex Market: EUR/SEK daily forecast

April 22, 2014 6:24 am
During yesterday’s trading session EUR/SEK traded within the range of 9.1065-9.1380 and closed at 9.1194. At 6:19 GMT today EUR/SEK was losing 0.01% for the day to trade at 9.1206. The pair touched a daily low at 9.1104 at 6:05 GMT. Fundamental view Sweden The unemployment rate in Sweden probably remained unchanged at 8.5% in […] Read more

Forex Market: EUR/CAD daily trading forecast

April 21, 2014 9:34 am
During Friday’s trading session EUR/CAD traded within the range of 1.5195-1.5238 and closed at 1.5226. At 09:25 GMT today EUR/CAD was gaining 0.08% for the day to trade at 1.5238. The pair touched a daily high at 1.5246 at 09:04 GMT, breaching the first resistance level. Fundamental view Euro zone Consumer confidence in the euro […] Read more