Monthly Archives: April 2015

Silver: White metal trading lower this morning

Silver Movement On Friday, Silver prices rose 1.92% to USD 16.47 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.39, with the silver trading 0.43% … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement On Friday, Gold prices traded higher by 1.16% against the USD in the period ending 21:00GMT, at 1207.90 per ounce, rebounding from its previous session losses. Meanwhile, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, … Continue reading

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AUD/USD: Aussie extends its losses this morning

AUDUSD Movement On Friday, the AUD weakened 0.19% against the USD to close at 0.7681. LME Copper prices rose 0.08% or $5.0/MT to $6055.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1773.0/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD traded marginally lower against the CAD to close at 1.2584. The CAD gained ground, after Canada’s jobs data surprised on the upside in March. Data indicated that unemployment rate in Canada unexpectedly remained flat … Continue reading

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

USDCHF Movement On Friday, the USD rose 0.23% against the CHF and closed at 0.9790. In economic news, Switzerland’s unemployment rate fell to 3.4% in March, in line with market expectations and following a level of 3.5% registered in the … Continue reading

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USD/JPY: The BoJ minutes showed optimism in the BoJ’s easing

USDJPY Movement On Friday, the USD weakened 0.28% against the JPY and closed at 120.21. In the Asian session, at GMT0300, the pair is trading at 120.34, with the USD trading 0.11% higher from Friday’s close. Overnight data showed that … Continue reading

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GBP/USD: Pound extends its losses in the Asian session

GBPUSD Movement On Friday, GBP marginally declined 0.45% against the USD and closed at 1.4646. In economic news, industrial production in the UK registered a rise of 0.10% on a monthly basis, lower than market expectations for an advance of … Continue reading

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EUR/USD: Euro trading on a weaker footing in the Asian session

EURUSD Movement On Friday, the EUR declined 0.57% against the USD and closed at 1.0603. In the US, the import price index eased 0.30% on a monthly basis in March, lower than market expectations for a drop of 0.40%. In … Continue reading

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Trading Signals as per 10-April-2015

Pair Action Status Stop Loss Take Profit AUD/USD BUY Active 0.7668 0.7738 GBP/CHF BUY Active 1.4298 1.4408 USD/JPY SELL Active 120.92 120.22 EUR/GBP BUY Active 0.7229 0.7274 EUR/USD BUY Active 1.0588 1. Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 50.74 rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 50.75, with … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 1.85% to USD 16.16 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.22, with the silver trading 0.43% higher from yesterday’s close. The pair … Continue reading

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