Crude Oil: Oil prices trading lower this morning ahead of the API data

Crude Oil Movement Crude Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 104.65, amid concerns that the continuing geopolitical tensions in Ukraine, Gaza and Iraq would have a negative impact on oil … Continue reading

Posted in Crude Oil | Comments Off

Silver: Yellow metal converging with its MA’s

Silver Movement Silver prices rose 0.19% to USD 20.96 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.99, 0.17% higher from yesterday’s close. Silver is expected to find support at … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1312.30 per ounce after the US strengthened its allegations about Russia’s involvement in the downing of a Malaysian airliner on the … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie reversed its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.31% against the USD to close at 0.9368. LME Copper prices declined 0.5% or $37.0/MT to $ 6989.5/MT. Aluminium prices rose 1.5% or $ 29.5/MT to $ 1988.0/MT. … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading tad lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0741. In the Asian session, at GMT0300, the pair is trading at 1.0743, with the USD trading tad higher from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: SNB and PBoC enter in a currency-swap deal

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8980. Yesterday, the Swiss National Bank (SNB) and the People’s Bank of China (PBoC) reached a currency swap agreement, a move … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese government reduces growth estimate for FY 2014/15

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.05% against the JPY and closed at 101.41. In the Asian session, at GMT0300, the pair is trading at 101.48, with the USD trading 0.07% higher from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound reverses its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.09% against the USD and closed at 1.7073. Yesterday, a private survey by the Ernst and Young Item Club projected the UK economy to grow by 3.1% this … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Germany economic growth slows down in Q2, Bundesbank

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.3524, as the risk appetite among investors continued to remain strained as the ongoing tensions in the Ukraine-Russia conflict worsened after … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 21-July-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3562 1.3492 USD/CHF BUY Active 0.8948 0.9018 GBP/USD SELL Active 1.7122 1.7052 GBP/CHF BUY Active 1.5288 1.5368 NZD/USD SELL Active 0.8742 0.8672 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Crude oil reverses its losses in the Asian session

Crude Oil Movement On Friday, Crude Oil prices declined 0.94% against the USD for the period ending 21:00GMT, closing at 102.81, despite renewed tensions in Ukraine, Libya and Israel. Over the weekend, violence in Libya resurfaced after rival militia battled … Continue reading

Posted in Crude Oil | Comments Off