Monthly Archives: April 2015

Gold: Yellow metal trading stronger this morning

Gold Movement Gold prices traded lower by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1194.00 per ounce, amid a broad strength in the greenback coupled with a strong rally in global equity markets. Separately, holdings … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.07% against the USD to close at 0.7696. LME Copper prices declined 0.08% or $5.0/MT to $6050.0/MT. Aluminium prices declined 0.08% or $1.5/MT to $1773.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2586. The CAD lost ground, after building permits in Canada unexpectedly dropped 0.9%, declining for the second consecutive month on a … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing ahead of Swiss unemployment data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CHF and closed at 0.9767. In the Asian session, at GMT0300, the pair is trading at 0.9765, with the USD trading a tad lower from … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.34% against the JPY and closed at 120.54. In the Asian session, at GMT0300, the pair is trading at 120.56, with the USD trading marginally higher from yesterday’s … Continue reading

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GBP/USD: The BoE left interest rates unchanged

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.15% against the USD and closed at 1.4712. Yesterday, the BoE’s rate-setting Monetary Policy Committee opted to keep the interest rates unchanged at a record low of 0.5%, … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.13% against the USD and closed at 1.0664, as investors shrugged off Germany’s positive industrial and trade surplus data. In economic news, industrial production in Germany rose 0.20% … Continue reading

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Trading Signals as per 9-April-2015

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9618 0.9708 AUD/USD BUY Active 0.7658 0.7728 EUR/JPY BUY Active 129.18 129.98 USD/CAD BUY Active 1.2498 1.2618 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: Euro trading marginally lower ahead of Germany’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.0786, on the back of downbeat German factory orders data. Data showed that German factory orders unexpectedly fell 0.9% MoM in … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 3.69% against the USD for the 24 hour period ending 23:00GMT, closing at 50.92, after the Energy Information Administration (EIA) showed that US crude oil stocks expanded more than double by 10.9 million … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices declined 2.23% to USD 16.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.35, with the silver trading 0.67% lower from yesterday’s close. The pair … Continue reading

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