Monthly Archives: April 2015

Gold: Yellow metal reverses its gains this morning

Gold Movement Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1193.30 per ounce, as dismal manufacturing activity data from China coupled with an unexpected rise in the US initial jobless claims … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.7776, extending its previous session gains. LME Copper prices rose 0.13% or $8.0/MT to $5935.0/MT. Aluminium prices declined 0.66% or $12.0/MT … Continue reading

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USD/CAD: Loonie trading flat, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CAD to close at 1.2150, following disappointing economic data in the US. In the Asian session, at GMT0300, the pair is trading at 1.215, with … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of the SNB Chief’s speech

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.47% against the CHF and closed at 0.9556. The Swiss Franc gained ground, after Switzerland’s trade surplus unexpectedly widened to CHF2.52 billion in March, more than market expectations … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.5052, as investors shrugged off downbeat UK retail sales data. Data showed that Britain’s retail sales unexpectedly dropped 0.5% on a … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s IFO data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.89% against the USD and closed at 1.0818, managing to recover after disappointing manufacturing and services PMI figures across the Euro-zone. Data showed that the Euro-zone’s preliminary manufacturing … Continue reading

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Trading Signals as per 23-April-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5112 1.4982 USD/CAD SELL Active 1.2282 1.2212 AUD/USD BUY Active 0.7698 0.7778 GBP/CHF BUY Active 1.4408 1.4668 EUR/JPY SELL Active 128.29 128.02 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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GBP/USD: Pound trading lower ahead of Britain’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.73% against the USD and closed at 1.5037, after the release of the BoE minutes yielded no surprises. Yesterday, the minutes of the BoE’s latest monetary policy meeting … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement Crude Oil prices declined 0.16% against the USD for the 24 hour period ending 23:00GMT, closing at 56.33, after the weekly oil inventory report from the EIA showed that crude oil stocks expanded more than expected, amid … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices declined 1.35% to USD 15.77 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 15.78, with the silver trading 0.06% higher … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1187.20 per ounce, after upbeat economic data from the US showed that existing home sales in March surged much more than … Continue reading

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