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Forex Market: GBP/CHF daily forecast

July 24, 2014 6:47 am
During yesterday’s trading session GBP/CHF traded within the range of 1.5362-1.5434 and closed at 1.5374. At 6:41 GMT today GBP/CHF was gaining 0.04% for the day to trade at 1.5383. The pair touched a daily high at 1.5389 at 6:27 GMT. Fundamental view United Kingdom Retail Sales in the UK probably rose 0.3% in June […] Read more

Forex Market: EUR/NZD daily forecast

July 24, 2014 6:33 am
During yesterday’s trading session EUR/NZD traded within the range of 1.5459-1.5654 and closed at 1.5632. At 6:27 GMT today EUR/NZD was gaining 1.05% for the day to trade at 1.5672. The pair touched a daily high at 1.5692 at 5:55 GMT, the pairs highest since June 25th. Fundamental view The preliminary reading of Germany’s manufacturing […] Read more

Forex Market: EUR/GBP daily forecast

July 24, 2014 6:21 am
During yesterday’s trading session EUR/GBP traded within the range of 0.7874-0.7910 and closed at 0.7900. At 6:16 GMT today EUR/GBP was losing 0.06% for the day to trade at 0.7895. The pair touched a daily low at 0.7894 at 6:01 GMT. Yesterday, the pair touched 0.7874, the weakest level since August 22nd 2012. Fundamental view […] Read more

Forex Market: EUR/USD daily forecast

July 24, 2014 6:12 am
During yesterday’s trading session EUR/USD traded within the range of 1.3455-1.3475 and closed at 1.3461. At 6:07 GMT today EUR/USD was losing 0.14% for the day to trade at 1.3444. The pair touched a daily low at 1.3438 at 6:01 GMT, (the pair’s weakest since November 21st 2013), breaching the two key supports. Fundamental view […] Read more

Forex Market: NZD/CAD daily forecast

July 23, 2014 10:59 am
During yesterday’s trading session NZD/CAD traded within the range of 0.9296-0.9336 and closed at 0.9313. At 10:52 GMT today NZD/CAD was adding 0.12% for the day to trade at 0.9318. The pair touched a daily high at 0.9322 at 6:05 GMT. Fundamental view Retail sales in Canada probably rose 0.6% in May from a month […] Read more

Forex Market: CAD/CHF daily forecast

July 23, 2014 7:42 am
During yesterday’s trading session CAD/CHF traded within the range of 0.8358-0.8408 and closed at 0.8400. At 7:38 GMT today CAD/CHF was gaining 0.23% for the day to trade at 0.8423. The pair touched a daily high at 0.8424 at 7:20 GMT, breaching the first key resistance. Fundamental view Retail sales in Canada probably rose 0.6% […] Read more

Forex Market: EUR/CAD daily forecast

July 23, 2014 7:17 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4452-1.4533 and closed at 1.4464. At 7:12 GMT today EUR/CAD was losing 0.12% for the day to trade at 1.4441. The pair touched a daily high at 1.4440 at 7:11 GMT, the pairs weakest since January 6th. Fundamental view Euro zone The preliminary value of […] Read more

Forex Market: EUR/USD daily forecast

July 23, 2014 6:58 am
During yesterday’s trading session EUR/USD traded within the range of 1.3460-1.3530 and closed at 1.3467. At 6:53 GMT today EUR/USD was losing 0.01% for the day to trade at 1.3464. The pair touched a daily low at 1.3458 at 1:40 GMT, the pairs weakest since November 21st 2013. Fundamental view The preliminary value of the […] Read more

Forex Market: EUR/AUD daily forecast

July 23, 2014 6:48 am
During yesterday’s trading session EUR/AUD traded within the range of 1.4312-1.4446 and closed at 1.4344. At 6:45 GMT today EUR/AUD was losing 0.45% for the day to trade at 1.4268. The pair touched a daily low at 1.4260 at 1:40 GMT, breaching the first key support. Fundamental view The preliminary value of the compound index […] Read more