Daily Archives: May 28, 2015

Trading Signals as per 28-May-15

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 124.82 123.62 GBP/USD BUY Active 1.5188 1.5328 NZD/USD BUY Active 0.7138 0.7238 USD/CAD BUY Active 1.2418 1.2548 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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Crude Oil: Oil trading higher ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices declined 1.23% against the USD for the 24 hour period ending 23:00GMT, closing at 57.71, as a broad strengthening in the greenback weighed on the commodity’s price along with concerns that US crude oil … Continue reading

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Silver: White metal reverses its losses this morning

Silver Movement Silver prices declined 0.30% to USD 16.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.68, with the silver trading a tad higher from yesterday’s close. The … Continue reading

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Gold: Yellow metal trading marginally lower in the Asian session

Gold Movement Gold prices traded a tad higher against the USD in the 24 hour period ending 23:00GMT, at 1188.20 per ounce. Yesterday, gold holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, expanded to 715.86 tons, … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.10% against the USD to close at 0.7733. LME Copper prices declined 0.81% or $49.5/MT to $6085.0/MT. Aluminium prices declined 0.64% or $11.0/MT to $1699.5/MT. In the Asian … Continue reading

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USD/CAD: The BoC kept interest rates intact

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2454, extending its previous session gains. Yesterday, the BoC left its benchmark interest rate untouched at 0.75%, in line with market … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CHF and closed at 0.9497. In economic news, Switzerland’s UBS consumption indicator eased to a level of 1.25 in April, following a reading of 1.34 … Continue reading

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USD/JPY: Japanese Yen extends its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.59% against the JPY and closed at 123.73. Yesterday, Japan’s small business confidence index climbed to a level of 48.1 in May from prior month’s reading of 47.4. … Continue reading

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GBP/USD: Pound trading slightly lower ahead of Britain’s Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5352. In the Asian session, at GMT0300, the pair is trading at 1.5348, with the GBP trading marginally lower from yesterday’s … Continue reading

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EUR/USD: Euro trading marginally lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.0903, on the back of better-than-expected Germany’s Gfk consumer confidence data in June. Yesterday, data showed that the Gfk consumer confidence … Continue reading

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