Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.9% against the USD and closed at 44.26, after data from Baker Hughes showed that US oil drillers added 14 rigs last week to bring the total … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.06% against the USD and closed at 19.69, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.55, with the EUR trading … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.2% against the USD and closed at USD1330.1 per ounce, amid a broad strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.7463. LME Copper prices rose 0.05% or $2.5/MT to $4956.0/MT. Aluminium prices rose 0.34% or $5.5/MT to $1600.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s annual inflation remained steady in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CAD and closed at 1.3145. Macroeconomic data indicated that Canada’s annual consumer price index remained steady at 1.5% YoY in June, aided by rising home … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9873. In the Asian session, at GMT0300, the pair is trading at 0.9879, with the USD trading 0.06% higher against the … Continue reading

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USD/JPY: Japan’s trade balance returns to positive territory in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the JPY and closed at 106.12. In the Asian session, at GMT0300, the pair is trading at 106.47, with the USD trading 0.33% higher against the … Continue reading

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GBP/USD: UK’s services and manufacturing activity pushed into contraction post Brexit

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.94% against the USD and closed at 1.3100, after data indicated that UK’s economic activity deteriorated steeply in July, in the wake of last month’s EU referendum. Data … Continue reading

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EUR/USD: Eurozone’s private sector growth weakened in July: Markit PMI

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.49% against the USD and closed at 1.0970, after flash services PMI in the Eurozone eased more-than-expected to a level of 52.7 in July, hitting its lowest level … Continue reading

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Trading Signals as per 22-July-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1072 1.0992 USD/CHF SELL Active 0.9942 0.9802 GBP/USD BUY Active 1.2968 1.3178 USD/CAD SELL Active 1.3202 1.3082 AUD/USD BUY Active 0.7428 0.7518 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Oil trading higher, ahead of the Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.17% against the USD and closed at 44.66, surrendering its previous session gains amid rising supply glut concerns. In the Asian session, at GMT0300, the pair is … Continue reading

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