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Forex Market: GBP/CHF daily forecast

July 29, 2014 6:42 am
During yesterday’s trading session GBP/CHF traded within the range of 1.5347-1.5372 and closed at 1.5354, losing 0.08% for the day. At 6:43 GMT today GBP/CHF was gaining 0.06% for the day to trade at 1.5362. The pair touched a daily high at 1.5367 at 6:45 GMT. Fundamental view United Kingdom The number of mortgage approvals […] Read more

Forex Market: EUR/GBP daily forecast

July 29, 2014 6:24 am
During yesterday’s trading session EUR/GBP traded within the range of 0.7904-0.7917 and closed at 0.7912, gaining 0.05% for the day. At 6:16 GMT today EUR/GBP was up 0.01% for the day to trade at 0.7913. The pair touched a daily high at 0.7916 at 4:25 GMT. Fundamental view Euro zone Annualized retail sales in Spain […] Read more

General Motors Company share price set to fall further? – Technical Analysis

July 28, 2014 12:39 pm
General Motors Company (GM) has demonstrated a plain bearish move since late December 2013, that lasted until April 11th. The 200-day Exponential Moving Average (the black line) has acted as a level of resistance on several occasions, but eventually the price broke above it, forming a bull channel. After reaching the swing low on April […] Read more

Forex Market: USD/HUF daily forecast

July 28, 2014 9:28 am
During Friday’s trading session USD/HUF traded within the range of 228.37-229.81 and closed at 229.77. At 9:21 GMT today USD/HUF was losing 0.08% for the day to trade at 229.58. The pair touched a daily low at 229.39 at 1:27 GMT. Fundamental view United States The index of pending home sales in the United States […] Read more

Forex Market: CHF/JPY daily forecast

July 28, 2014 8:49 am
During Friday’s trading session CHF/JPY traded within the range of 112.48-112.94 and closed at 112.55, losing 0.19% for the day. At 8:44 GMT today CHF/JPY was gaining 0.09% for the day to trade at 112.65. The pair touched a daily high at 112.66 at 8:46 GMT. Fundamental view Japan The rate of unemployment in the […] Read more

Forex Market: AUD/JPY daily forecast

July 28, 2014 8:24 am
During Friday’s trading session AUD/JPY traded within the range of 95.61-95.93 and closed at 95.67, losing 0.17% for the day. At 8:19 GMT today AUD/JPY was gaining 0.02% for the day to trade at 95.69, which is the current daily high. Fundamental view Japan The rate of unemployment in the country probably remained unchanged at […] Read more

Forex Market: USD/CZK daily forecast

July 28, 2014 7:11 am
During Friday’s trading session USD/CZK traded within the range of 20.3904-20.4718 and closed at 20.4557, gaining 0.24% for the day. At 8:07 GMT today USD/CZK was losing 0.04% for the day to trade at 20.4472. The pair touched a daily low at 20.4455 at 6:55 GMT. Fundamental view United States The index of pending home […] Read more

Forex Market: USD/ZAR daily forecast

July 28, 2014 6:39 am
During Friday’s trading session USD/ZAR traded within the range of 10.4864-10.5482 and closed at 10.5107, losing 0.17% for the day. At 6:32 GMT today USD/ZAR was losing 0.10% for the day to trade at 10.5005. The pair touched a daily low at 10.4880 at 3:00 GMT. Fundamental view United States The index of pending home […] Read more

Forex Market: USD/SGD forecast for Monday

July 26, 2014 9:09 am
During Friday’s trading session USD/SGD traded within the range of 1.2397-1.2423 and closed at 1.2421, gaining 0.07% for the day and 0.08% on a weekly basis. Fundamental view United States The index of pending home sales in the United States probably rose 0.4% during June compared to May, according to the median forecast by experts, […] Read more

Apple Inc. set to continue the move up? – Technical Analysis

July 25, 2014 1:21 pm
Apple Inc. has been in a bull trend since mid-April. On April 23rd, companys earnings report regarding the first quarter of the year was released, outstripping market expectations. On April 24th the huge gap from the open of the trading session led to the acceleration of the uptrend. The latter was confirmed by the perfect […] Read more