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Forex Market: EUR/HKD daily forecast

July 21, 2014 6:10 am
During Friday’s trading session EUR/HKD traded within the range of 10.4583-10.4923 and closed at 10.4854. At 6:06 GMT today EUR/HKD was gaining 0.1% for the day to trade at 10.4956. The pair touched a daily high at 10.5027 at 4:30 GMT, breaching the first key resistance. Fundamental view Euro zone At 8:00 GMT Italy’s National […] Read more

Forex Market: EUR/GBP trading forecast for Monday

July 20, 2014 11:37 am
During Friday’s trading session EUR/GBP traded within the range of 0.7904-0.7934 and closed at 0.7916, adding 0.07% for the day, but losing 0.45% on a weekly basis. Fundamental view Euro zone Annualized Producer Price Index (PPI) in Germany probably climbed to -0.7% in June, according to the median forecast by experts, from -0.8% in May. […] Read more

Forex Market: GBP/CAD trading forecast for Monday

July 19, 2014 7:31 am
During Fridays trading session GBP/CAD traded within the range of 1.8281-1.8409 and closed at 1.8344, losing 0.32% for the day and 0.14% for the week. Fundamental view Rightmove is expected to release official data on its UK house price index for July at 23:01 GMT on Sunday. In June, UK house prices jumped 7.7% compared […] Read more

Forex Market: AUD/USD daily forecast

July 18, 2014 10:56 am
During yesterday’s trading session AUD/USD traded within the range of 0.9336-0.9392 and closed at 0.9346. At 10:48 GMT AUD/USD traded at 0.9384, adding 0.35% for the day. The pair touched a daily high at 0.9390 at 7:20 GMT, breaching the first key resistance. Fundamental view The monthly survey by Thomson Reuters and the University of […] Read more

Forex Market: NZD/USD daily forecast

July 18, 2014 8:08 am
During yesterday’s trading session NZD/USD traded within the range of 0.8650-0.8719 and closed at 0.8666. At 8:05 GMT today NZD/USD was gaining 0.2% for the day to trade at 0.8685. The pair touched a daily high at 0.8693 at 7:20 GMT. Fundamental view The monthly survey by Thomson Reuters and the University of Michigan may […] Read more

Forex Market: GBP/CAD daily forecast

July 18, 2014 7:24 am
During yesterday’s trading session GBP/CAD traded within the range of 1.8360-1.8414 and closed at 1.8398. At 7:19 GMT today GBP/CAD was losing 0.09% for the day to trade at 1.8385. The pair touched a daily low at 1.8369 at 3:55 GMT, breaching the first key support. Fundamental view The Consumer Price Index (CPI) in Canada […] Read more

Forex Market: CAD/CHF daily forecast

July 18, 2014 7:03 am
During yesterday’s trading session CAD/CHF traded within the range of 0.8336-0.8374 and closed at 0.8343. At 7:00 GMT today CAD/CHF was gaining 0.2% for the day to trade at 0.8356. The pair touched a daily high at 0.8358 at 6:23 GMT. Fundamental view The Consumer Price Index (CPI) in Canada probably jumped 2.4% in June, […] Read more

Forex Market: EUR/AUD daily forecast

July 18, 2014 6:54 am
During yesterday’s trading session EUR/AUD traded within the range of 1.4409-1.4484 and closed at 1.4464. At 6:50 GMT today EUR/AUD was losing 0.21% for the day to trade at 1.4435. The pair touched a daily low at 1.4428 at 6:25 GMT. Fundamental view Euro zones non-seasonally adjusted current account may have narrowed to 16.2 billion […] Read more

Forex Market: EUR/CAD daily forecast

July 18, 2014 6:45 am
During yesterday’s trading session EUR/CAD traded within the range of 1.4508-1.4562 and closed at 1.4550. At 6:40 GMT today EUR/CAD was losing 0.15% for the day to trade at 1.4532. The pair touched a daily low at 1.4526 at 5:55 GMT. Fundamental view Euro zone Euro zones non-seasonally adjusted current account may have narrowed to […] Read more

Forex Market: EUR/GBP daily forecast

July 18, 2014 6:36 am
During yesterday’s trading session EUR/GBP traded within the range of 0.7889-0.7915 and closed at 0.7909. At 6:31 GMT today EUR/GBP was losing 0.06% for the day to trade at 0.7906. The pair touched a daily low at 0.7904 at 5:45 GMT. Fundamental view Euro zones non-seasonally adjusted current account may have narrowed to 16.2 billion […] Read more