Daily Archives: May 5, 2015

Trading Signals as per 5-May-2015

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 120.52 119.82 EUR/JPY SELL Active 134.02 132.92 NZD/USD SELL Active 0.7562 0.7492 AUD/USD BUY Active 0.7838 0.7908 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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AUD/USD: The RBA cuts interest rates to historic low

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7841. LME Copper prices rose 1.87% or $117.0/MT to $6362.0/MT. Aluminium prices rose 0.50% or $9.5/MT to $1919.0/MT. In the Asian … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 58.96, after manufacturing activity in China further slipped in to contraction in April, thus hitting the demand outlook of the … Continue reading

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Silver: White metal trading flat this morning

Silver Movement Silver prices rose 1.67% to USD 16.44 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.44, with the silver trading flat from … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1187.80 per ounce, despite the greenback strengthening against some major currencies. Separately, gold holdings in the SPDR Gold Trust, edged up … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.2094. Data released on Friday indicated that RBC’s manufacturing PMI for Canada rose to a level of 49.0 in April, but … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9344. In economic news, Switzerland’s SVME manufacturing PMI remained steady at a level of 47.90 in April, lower than market expectations … Continue reading

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USD/JPY: Japanese Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the JPY and closed at 120.13. In the Asian session, at GMT0300, the pair is trading at 120.16, with the USD trading slightly higher … Continue reading

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GBP/USD: Pound trading marginally higher ahead of the UK’s Markit construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5117. On Friday, data showed that the manufacturing PMI in the UK unexpectedly fell to a 7-month low reading of 51.9 … Continue reading

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EUR/USD: Euro trading lower ahead of the European Commission economic growth forecast

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1146. In economic news, the final manufacturing PMI in Germany fell to 52.10 in April, compared to a 11-month high reading … Continue reading

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