Articles by: Miroslav Marinoff

Forex Market: EUR/JPY daily forecast

During yesterday’s trading session EUR/JPY traded within the range of 139.47-140.28 and closed at 139.62. At 7:33 GMT today EUR/JPY was losing 0.01% for the day to trade at 139.73. The pair touched a daily low at 139.48 during the early phase of Asian trade. Fundamental view Euro zone’s preliminary annualized Gross Domestic Product probably […] Read more

Forex Market: NOK/JPY daily forecast

During yesterday’s trading session NOK/JPY traded within the range of 17.1550-17.2800 and closed at 17.1850. At 7:04 GMT today NOK/JPY was losing 0.12% for the day to trade at 17.1800. The pair touched a daily low at 17.1650 during the early phase of Asian trade. Fundamental view At 8:00 GMT Statistics Norway is to report […] Read more

Forex Market: AUD/CHF forecast for Monday

During Friday’s trading session AUD/CHF traded within the range of 0.8235-0.8302 and closed at 0.8302, surging 0.63% for the day and 1.92% for the week. Fundamental view Australia At 1:30 GMT on Monday the National Australia Bank (NAB) is expected to announce the results from its survey on business confidence in Australia during April. The […] Read more

Forex Market: AUD/USD daily forecast

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: EUR/JPY daily forecast

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

Forex Market: USD/SGD forecast for Monday

During Friday’s trading session USD/SGD traded within the range of 1.2518-1.2570 and closed at 1.2531, gaining 0.03% for the day, while recording a 0.28% weekly loss. Fundamental view United States Activity in United States’ sector of services probably continued to expand during April, with the corresponding non-manufacturing PMI coming in at a reading of 54.1, […] Read more

Forex Market: AUD/USD forecast for Monday

During Friday’s trading session AUD/USD traded within the range of 0.9203-0.9280 and closed at 0.9277, gaining 0.04% for the day and 0.09% for the week. Fundamental view Australia At 1:30 GMT on Monday the Australia and New Zealand Banking Group (ANZ) will publish data regarding the number of job advertisements in Australia in April. This […] Read more

Forex Market: USD/BGN forecast for Monday

During Friday’s trading session USD/BGN traded within the range of 1.4124-1.4145 and closed at 1.4143, gaining 0.02% for the day and 0.06% for the week. Fundamental view The index of pending home sales in the United States probably rose 0.6% during March compared to February, when sales unexpectedly dropped 0.8%. When a sales contract is […] Read more

Forex Market: AUD/USD forecast for Monday

During Friday’s trading session AUD/USD traded within the range of 0.9254-0.9298 and closed at 0.9269, gaining 0.06% for the day, while recording a 0.70% weekly loss. Fundamental view The index of pending home sales in the United States probably rose 0.6% during March compared to February, when sales unexpectedly dropped 0.8%. When a sales contract […] Read more

Forex Market: USD/MXN forecast for Monday

During Friday’s trading session USD/MXN traded within the range of 13.0876-13.1498 and closed at 13.1347, gaining 0.33% for the day and 0.64% for the week. Fundamental view Mexico At 13:00 GMT on Monday Insituto Nacional de Estadistica Y Geografia is expected to report on nations trade balance during March. In February the surplus was 0.976 […] Read more