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Forex Market: GBP/CAD daily trading forecast

September 23, 2014 7:32 am
Yesterday’s trade saw GBP/CAD within the range of 1.7836-1.8068. The pair closed at 1.8068, gaining 1.19% on a daily basis. At 7:27 GMT today GBP/CAD was down 0.22% for the day to trade at 1.8023. The pair touched a daily low at 1.8017 at 7:00 GMT. Fundamental view United Kingdom The number of home loans […] Read more

Forex Market: EUR/CAD daily trading forecast

September 23, 2014 7:12 am
Yesterday’s trade saw EUR/CAD within the range of 1.4045-1.4191. The pair closed at 1.4191, gaining 0.95% on a daily basis. At 7:08 GMT today EUR/CAD was down 0.12% for the day to trade at 1.4171. The pair touched a daily low at 1.4157 at 6:30 GMT. Fundamental view Euro zone The preliminary manufacturing PMI in […] Read more

Forex Market: EUR/GBP daily trading forecast

September 23, 2014 6:47 am
Yesterday’s trade saw EUR/GBP within the range of 0.7842-0.7873. The pair closed at 0.7854, losing 0.24% on a daily basis. At 6:41 GMT today EUR/GBP was down 0.05% for the day to trade at 0.7850. The pair touched a daily low at 0.7842 at 4:30 GMT. Fundamental view Euro zone The preliminary manufacturing PMI in […] Read more

Forex Market: USD/MXN daily trading forecast

September 22, 2014 6:37 am
Friday’s trade saw USD/MXN within the range of 13.1827-13.2602. The pair closed at 13.2110, losing 0.19% on a daily basis. At 6:34 GMT today USD/MXN was up 0.19% for the day to trade at 13.2358. The pair touched a daily high at 13.2371 at 6:20 GMT. Fundamental view United States Sales of existing homes The […] Read more

Forex Market: EUR/HKD trading forecast for Monday

September 21, 2014 8:36 am
Friday’s trade saw EUR/HKD within the range of 9.9408-10.0211. The pair closed at 9.9439, losing 0.72% on a daily basis and 1.04% for the whole week. Fundamental view Euro zone Italian Industrial New Orders At 8:00 GMT Italy’s National Institute of Statistics is expected to release a report on industrial new orders in July. The […] Read more

Forex Market: EUR/USD trading forecast for Monday

September 20, 2014 8:27 am
Friday’s trade saw EUR/USD within the range of 1.2826-1.2929. The pair closed at 1.2829, losing 0.73% on a daily basis and 1.05% for the whole week. Fundamental view Euro zone Italian Industrial New Orders At 8:00 GMT Italy’s National Institute of Statistics is expected to release a report on industrial new orders in July. The […] Read more

Forex Market: USD/MXN daily trading forecast

September 19, 2014 9:25 am
Yesterday’s trade saw USD/MXN within the range of 13.2058-13.2682. The pair closed at 13.2360, losing 0.07% on a daily basis. At 9:17 GMT today USD/MXN was down 0.11% for the day to trade at 13.2222. The pair touched a daily low at 13.2197 at 9:19 GMT. Fundamental view United States The Conference Board Leading Economic […] Read more

Forex Market: USD/RUB daily trading forecast

September 19, 2014 8:54 am
Yesterday’s trade saw USD/RUB within the range of 38.299-38.600. The pair closed at 38.454, losing 0.17% on a daily basis. At 8:43 GMT today USD/RUB was up 0.09% for the day to trade at 38.437. The pair broke the first key weekly resistance level and touched a daily high at 38.480 at 5:50 GMT. Fundamental […] Read more

Forex Market: USD/CAD daily trading forecast

September 19, 2014 8:24 am
Yesterday’s trade saw USD/CAD within the range of 1.0925-1.1023. The pair closed at 1.0935, losing 0.58% on a daily basis. At 8:18 GMT today USD/CAD was up 0.23% for the day to trade at 1.0962. The pair touched a daily high at 1.0970 during early Asian trade. Fundamental view United States The Conference Board Leading […] Read more

Forex Market: GBP/CAD daily trading forecast

September 19, 2014 7:55 am
Yesterday’s trade saw GBP/CAD within the range of 1.7873-1.8017. The pair closed at 1.7935, gaining 0.19% on a daily basis. At 7:43 GMT today GBP/CAD was up 0.56% for the day to trade at 1.8033. The pair broke the first two key daily resistances and touched a daily high at 1.8119 during early Asian trade, […] Read more