Daily Archives: June 4, 2015

Trading Signals as per 4-June-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1238 1.1398 USD/CHF BUY Active 0.9238 0.9348 GBP/USD SELL Active 1.5422 1.5272 EUR/JPY BUY Active 139.68 141.18 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: The ECB keeps its interest rates unchanged, revises 2015 inflation expectations

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1269, following an optimistic speech from the ECB Chief, Mario Draghi. Yesterday, the ECB President stated that the central bank’s €1.1 … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 2.02% against the USD for the 24 hour period ending 23:00GMT, closing at 59.67, as it is widely expected that the OPEC will maintain its current levels of production, despite global supply glut … Continue reading

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Silver: White metal trading on a higher footing in the Asian session

Silver Movement Silver prices declined 1.94% to USD 16.45 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 16.46, with the silver trading 0.09% higher … Continue reading

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Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1185.20 per ounce, on signs that the ECB could alter its stimulus plan, while the US ADP employment data beat expectations, … Continue reading

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AUD/USD: Australia’s retail sales miss market expectations

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7777. LME Copper prices declined 0.11% or $6.5/MT to $5992.0/MT. Aluminium prices rose 0.29% or $5.0/MT to $1716.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing ahead of Canada’s Ivey PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD to close at 1.2456. Yesterday, data showed that Canada’s international merchandise trade deficit narrowed to C$2.97 billion in April, following a revised trade deficit … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9339. In the Asian session, at GMT0300, the pair is trading at 0.9345, with the USD trading 0.06% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.22% against the JPY and closed at 124.32. In the Asian session, at GMT0300, the pair is trading at 124.50, with the USD trading 0.14% higher from yesterday’s … Continue reading

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GBP/USD: UK PMI indicates slow recovery

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.5328, as Britain’s services PMI suffered its sharpest slowdown in nearly four years in May. Data released showed that UK’s services … Continue reading

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