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Forex Market: USD/CAD daily forecast

April 8, 2014 9:44 am
During yesterday’s trading session USD/CAD traded within the range of 1.0962-1.1010 and closed at 1.0977. At 9:41 GMT today USD/CAD was losing 0.36% for the day to trade at 1.0933. The pair breached the first and the second key daily supports and touched a daily low at 1.0925 at 8:45 GMT. Fundamental view Annualized number […] Read more

Forex Market: GBP/CAD daily forecast

April 8, 2014 7:31 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8176-1.8275 and closed at 1.8232. At 7:29 GMT today GBP/CAD was losing 0.03% for the day to trade at 1.8215. The pair touched a daily low at 1.8207 at 7:24 GMT. Fundamental view United Kingdom Annualized industrial output in the United Kingdom probably expanded 2.2% […] Read more

Forex Market: EUR/CAD daily forecast

April 8, 2014 7:14 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5027-1.5120 and closed at 1.5086. At 7:13 GMT today EUR/CAD was losing 0.16% for the day to trade at 1.5054. The pair touched a daily low at 1.5050 at 7:12 GMT. Fundamental view Annualized number of housing starts in Canada probably decreased to 192 000 […] Read more

Forex Market: USD/CHF daily forecast

April 8, 2014 6:47 am
During yesterday’s trading session USD/CHF traded within the range of 0.8872-0.8924 and closed at 0.8878. At 6:44 GMT today USD/CHF was losing 0.04% for the day to trade at 0.8876. The pair touched a daily low at 0.8872 at 6:11 GMT. Fundamental view Annualized retail sales in Switzerland probably rose at a pace of 0.9% […] Read more

Forex Market: EUR/GBP daily forecast

April 8, 2014 6:35 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8262-0.8285 and closed at 0.8274. At 6:33 GMT today EUR/GBP was losing 0.05% for the day to trade at 0.8270. The pair touched a daily low at 0.8268 at 6:32 GMT. Fundamental view The deficit on Frances trade balance probably shrank to 4.900 billion EUR […] Read more

Forex Market: EUR/CHF daily forecast

April 8, 2014 6:23 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2196-1.2225 and closed at 1.2200. At 6:21 GMT today EUR/CHF was losing 0.05% for the day to trade at 1.2195, which currently is the pairs lowest point on trading Tuesday. Fundamental view The deficit on Frances trade balance probably shrank to 4.900 billion EUR during […] Read more

Forex Market: USD/NOK daily forecast

April 7, 2014 7:53 am
During Friday’s trading session USD/NOK traded within the range of 5.9749-6.0172 and closed at 6.0001. At 7:45 GMT today USD/NOK was unchanged for the day to trade at 6.0001. The pair touched a daily low at 5.9901 at 0:45 GMT. Fundamental view Manufacturing output in Norway, an indicator measuring the change in the total inflation-adjusted […] Read more

Forex Market: EUR/CAD daily forecast

April 7, 2014 7:21 am
During yesterday’s trading session EUR/CAD traded within the range of 1.5006-1.5145 and closed at 1.5050. At 7:17 GMT today EUR/CAD was losing 0.06% for the day to trade at 1.5042. The pair touched a daily low at 1.5027 at 2:30 GMT. Fundamental view Confidence among investors in the Euro zone probably improved during the current […] Read more

Forex Market: EUR/GBP daily forecast

April 7, 2014 6:53 am
During Friday’s trading session EUR/GBP traded within the range of 0.8250-0.8278 and closed at 0.8269. At 6:46 GMT today EUR/GBP was losing 0.02% for the day to trade at 0.8268. The pair touched a daily low at 0.8261 during the early phase of Asian trade. Fundamental view Confidence among investors in the Euro zone probably […] Read more

Forex Market: EUR/CHF daily forecast

April 7, 2014 6:35 am
During Friday’s trading session EUR/CHF traded within the range of 1.2216-1.2250 and closed at 1.2225. At 6:32 GMT today EUR/CHF was losing 0.03% for the day to trade at 1.2221. The pair touched a daily low at 1.2214 at 3:30 GMT. Fundamental view Confidence among investors in the Euro zone probably improved during the current […] Read more