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Forex Market: EUR/GBP daily forecast

July 7, 2014 7:43 am
During Friday’s trading session EUR/GBP traded within the range of 0.7920-0.7934 and closed at 0.7922. At 7:37 GMT today EUR/GBP was gaining 0.02% for the day to trade at 0.7924. The pair touched a daily low at 0.7915 at 6:35 GMT, breaching the first key support. Fundamental view Confidence among investors in the Euro zone […] Read more

Forex Market: GBP/CAD daily forecast

July 7, 2014 7:06 am
During Friday’s trading session GBP/CAD traded within the range of 1.8216-1.8289 and closed at 1.8280. At 7:03 GMT today GBP/CAD was losing 0.02% for the day to trade at 1.8278. The pair touched a daily low at 1.8267 at 6:45 GMT. Fundamental view Canada The number of building permits in the country probably jumped 3.0% […] Read more

Forex Market: CAD/CHF daily forecast

July 7, 2014 6:57 am
During Friday’s trading session CAD/CHF traded within the range of 0.8390-0.8420 and closed at 0.8395. At 6:53 GMT today CAD/CHF was gaining 0.14% for the day to trade at 0.8406. The pair touched a daily high at 0.8410 at 6:46 GMT. Fundamental view Canada The number of building permits in the country probably jumped 3.0% […] Read more

Forex Market: EUR/CAD daily forecast

July 7, 2014 6:46 am
During Friday’s trading session EUR/CAD traded within the range of 1.4442-1.4490 and closed at 1.4482. At 6:42 GMT today EUR/CAD was losing 0.09% for the day to trade at 1.4468. The pair touched a daily low at 1.4466 at 6:18 GMT. Fundamental view Euro zone Confidence among investors in the Euro zone was probably lower […] Read more

Forex Market: EUR/USD daily forecast

July 7, 2014 6:29 am
During Friday’s trading session EUR/USD traded within the range of 1.3585-1.3612 and closed at 1.3595. At 6:23 GMT today EUR/USD was losing 0.12% for the day to trade at 1.3578. The pair touched a daily low at 1.3576 at 6:10 GMT, breaching the first key support. Fundamental view Confidence among investors in the Euro zone […] Read more

Forex Market: USD/NOK daily forecast

July 7, 2014 6:16 am
During Friday’s trading session USD/NOK traded within the range of 6.1812-6.2186 and closed at 6.1903. At 6:14 GMT today USD/NOK was gaining 0.01% for the day to trade at 6.1904. The pair touched a daily high at 6.1949 at 2:20 GMT. Fundamental view Manufacturing output in Norway, an indicator measuring the change in the total […] Read more

Forex Market: EUR/NZD trading forecast for Monday

June 29, 2014 7:16 am
During Friday’s trading session EUR/NZD traded within the range of 1.5506-1.5570 and closed at 1.5550, gaining 0.32% for the day. Fundamental view Euro zone Retail Sales in Germany, the largest economy in the Euro zone, probably rose 0.7% in May, following an unexpected 0.9% drop in the previous month. The index measures the turnover in […] Read more

Forex Market: NZD/USD trading forecast for Monday

June 28, 2014 7:45 am
During Friday’s trading session NZD/USD traded within the range of 0.8754-0.8790 and closed at 0.8778, gaining 0.08% for the day. Fundamental view New Zealand Statistics New Zealand is scheduled to release an official report on the number of issued building permits in May. The report is due out at 22:45 GMT on Sunday. Building Permits […] Read more

Forex Market: AUD/USD daily forecast

June 27, 2014 11:22 am
During yesterday’s trading session AUD/USD traded within the range of 0.9396-0.9420 and closed at 0.9406. At 11:16 GMT AUD/USD traded at 0.9418, gaining 0.03% for the day. The pair touched a daily high at 0.9441 at 6:45 GMT, breaching the two key resistances. Fundamental view The monthly survey by Thomson Reuters and the University of […] Read more