Daily Archives: May 1, 2015

Trading Signals as per 1-May-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1098 1.1268 USD/CHF SELL Active 0.9422 0.9292 USD/CAD BUY Active 1.2028 1.2128 GBP/CHF BUY Active 1.4228 1.4388 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading

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EUR/USD: Euro reverses its gains this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.86% against the USD and closed at 1.1213 as deflation fears retreated in the euro region after Euro-zone’s preliminary consumer price index remained flat YoY in April, compared … Continue reading

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Crude Oil: Oil trading marginally higher in the Asian session

Crude Oil Movement Crude Oil prices advanced 1.91% against the USD for the 24 hour period ending 23:00GMT, closing at 59.69, after the US weekly jobless claims for unemployment benefits dropped more than expected, thus raising the demand outlook of … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices declined 2.72% to USD 16.12 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.16, with the silver trading 0.28% higher … Continue reading

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Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1183.50 per ounce, after the US registered upbeat initial jobless benefits data, thus denting the safe-haven demand of the precious yellow … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.16% against the USD to close at 0.7905, reversing its previous session gains. LME Copper prices rose 2.33% or $142.0/MT to $6245.0/MT. Aluminium prices rose 1.01% or $19.0/MT … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s RBC manufacturing PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.2076, on the back of positive economic data in the US. In economic news, Canada’s GDP remained flat on a monthly … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CHF and closed at 0.9335. On the macro front, Switzerland’s KOF economic barometer unexpectedly fell to a level of 89.50 in April. In the prior … Continue reading

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USD/JPY: Japan’s national CPI advanced more than expected in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.33% against the JPY and closed at 119.42. In the Asian session, at GMT0300, the pair is trading at 119.69, with the USD trading 0.23% higher from yesterday’s … Continue reading

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GBP/USD: Pound extends its losses ahead of Britain’s manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.50% against the USD and closed at 1.5351. In the Asian session, at GMT0300, the pair is trading at 1.5343, with the GBP trading marginally lower from yesterday’s … Continue reading

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