Daily Archives: May 21, 2015

Trading Signals as per 21-May-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1198 GBP/USD BUY Active 1.5578 1.5718 USD/CAD SELL Active 1.2262 1.2162 NZD/USD SELL Active 0.7372 0.7292 GBP/CHF BUY Active 1.4498 1.4658 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s manufacturing PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1094. In economic news, Germany’s producer price index rose 0.10% MoM in April, compared to a similar rise in the previous … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.62% against the USD for the 24 hour period ending 23:00GMT, closing at 58.72, after official data from the Energy Information Administration (EIA) showed crude stockpiles in the US declined more than expected … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement Silver prices traded marginally higher against the USD at 17.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.19, with the silver trading 0.5% higher from yesterday’s … Continue reading

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Gold: Yellow metal trading on a stronger footing in the Asian session

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1209.50 per ounce, after the latest Fed minutes revealed that a rate hike was doubtful at the next FOMC meeting in … 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 weakened 0.57% against the USD to close at 0.7872. LME Copper prices declined 0.99% or $62.0/MT to $6208.0/MT. Aluminium prices declined 0.06% or $1.0/MT to $1749.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.2204. In economic news, wholesale sales in Canada rebounded 0.8% MoM in March, less than market expected increase of 0.9%. It … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded a tad lower against the CHF and closed at 0.9370. On the macro front, Switzerland’s ZEW economic expectations index climbed to a reading of -0.10 in May. In … Continue reading

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USD/JPY: Japan’s manufacturing PMI rebounded in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 121.24. Yesterday, the final leading economic index in Japan advanced to 106.00 in March, compared to a reading of 105.50 recorded … Continue reading

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GBP/USD: Pound trading higher ahead of UK’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.5537, as traders digested the release of the BoE minutes from its recent monetary policy meeting. The minutes showed that the … Continue reading

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