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Forex Market: AUD/JPY daily forecast

April 6, 2014 7:24 am
During Friday’s trading session AUD/JPY traded within the range of 95.81-96.51 and closed at 95.97. Fundamental view At 0:30 GMT on Monday the Australian Industry Group (AIG) is expected to announce the results from its survey on construction sector activity during March. The seasonally adjusted Performance of Construction Index for Australia came in at a […] Read more

Forex Market: AUD/USD daily forecast

April 5, 2014 4:41 pm
During Friday’s trading session AUD/USD traded within the range of 0.9230-0.9306 and closed at 0.9292. Fundamental view At 0:30 GMT on Monday the Australian Industry Group (AIG) is expected to announce the results from its survey on construction sector activity during March. The seasonally adjusted Performance of Construction Index for Australia came in at a […] Read more

Forex Market: USD/CAD daily outlook

April 4, 2014 6:41 am
During yesterday’s trading session USD/CAD traded within the range of 1.1006-1.1045 and closed at 1.1035. At 6:26 GMT today USD/CAD was losing 0.09% for the day to trade at 1.1025. The pair touched a daily low at 1.1024 at 6:37 GMT. Fundamental view Canada The number of the employed people in Canada probably increased by […] Read more

Forex Market: EUR/GBP daily outlook

April 4, 2014 6:22 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8261-0.8314 and closed at 0.8268. At 6:19 GMT today EUR/GBP was losing 0.02% for the day to trade at 0.8264. The pair touched a daily low at 0.8260 at 6:10 GMT. Fundamental view A survey by Halifax Bank of Scotland (HBOS), the largest mortgage lender […] Read more

Forex Market: EUR/USD daily outlook

April 3, 2014 7:42 am
During yesterday’s trading session EUR/USD traded within the range of 1.3753-1.3820 and closed at 1.3767. At 7:39 GMT today EUR/USD was gaining 0.02% for the day to trade at 1.3769. The pair touched a daily high at 1.3773 at 7:12 GMT. Fundamental view Euro zone The final reading of Frances Services PMI in March probably […] Read more

Forex Market: USD/NOK daily outlook

April 3, 2014 7:06 am
During yesterday’s trading session USD/NOK traded within the range of 5.9496-5.9880 and closed at 5.9735. At 7:04 GMT today USD/NOK was gaining 0.22% for the day to trade at 5.9835. The pair touched a daily high at 5.9844 at 7:03 GMT. Fundamental view The number of people in the United States, who filed for unemployment […] Read more

Forex Market: GBP/CAD daily outlook

April 3, 2014 6:47 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8316-1.8382 and closed at 1.8342. At 6:44 GMT today GBP/CAD was gaining 0.05% for the day to trade at 1.8354. The pair touched a daily high at 1.8373 at 2:45 GMT. Fundamental view Activity in United Kingdoms sector of services probably was almost unchanged in […] Read more

Forex Market: EUR/CHF daily outlook

April 3, 2014 6:32 am
During yesterday’s trading session EUR/CHF traded within the range of 1.2184-1.2209 and closed at 1.2206. At 6:31 GMT today EUR/CHF was losing 0.03% for the day to trade at 1.2203. The pair touched a daily low at 1.2202 at 6:30 GMT. Fundamental view Services Purchasing Managers Index (PMI) for Spain probably dropped to a reading […] Read more

Forex Market: EUR/GBP daily outlook

April 3, 2014 6:18 am
During yesterday’s trading session EUR/GBP traded within the range of 0.8271-0.8309 and closed at 0.8280. At 6:16 GMT today EUR/GBP was losing 0.21% for the day to trade at 0.8265. The pair breached the first key support and touched a daily low at 0.8261 at 2:05 GMT. Fundamental view Euro zone Services Purchasing Managers Index […] Read more

Forex Market: GBP/USD daily outlook

April 2, 2014 7:46 am
During yesterday’s trading session GBP/USD traded within the range of 1.6619-1.6675 and closed at 1.6630. At 7:44 GMT today GBP/USD was gaining 0.07% for the day to trade at 1.6640. The pair touched a daily high at 1.6646 at 7:05 GMT. Fundamental view Activity in United Kingdoms sector of construction probably increased in March, with […] Read more