Monthly Archives: April 2015

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

USDJPY Movement On Friday, the USD weakened 0.11% against the JPY and closed at 118.88. In the Asian session, at GMT0300, the pair is trading at 118.85, with the USD trading marginally lower from Friday’s close. Overnight data indicated that … Continue reading

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GBP/USD: Pound extends its gains this morning

GBPUSD Movement On Friday, GBP rose 0.20% against the USD and closed at 1.4964, on the back of upbeat employment data in the UK. Data showed that Britain’s ILO unemployment rate dropped to 5.6% in the three months ended February, … Continue reading

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Trading Signals as per 17-April-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0871 1.0651 GBP/USD SELL Active 1.5010 1.4900 USD/CHF SELL Active 0.9662 0.9532 USD/CAD SELL Active 1.2272 1.2142 NZD/USD SELL Active 0.7702 0.7632 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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EUR/USD: Euro trading a tad higher ahead of the Euro-zone’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.0766. The greenback lost ground, following downbeat initial jobless claims data in the US. Data showed that number of people filing … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 56.63, after the Organization of the Petroleum Exporting Countries (OPEC) stated that demand for its crude was expected to improve … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.31% to USD 16.26 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 0.22% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1198.20 per ounce. Losses in yellow metal were kept in check, following weak initial jobless claims data in the US. Meanwhile, … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.46% against the USD to close at 0.7793. LME Copper prices rose 2.25% or $133.5/MT to $6054.0/MT. Aluminium prices rose 2.54% or $46.0/MT to $1857.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2198, amid weak US data releases. In the Asian session, at GMT0300, the pair is trading at 1.2194, with the USD … Continue reading

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USD/CHF: Swiss Franc trading weaker ahead of Switzerland’s real retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.90% against the CHF and closed at 0.9560, on the back of an unexpected increase in the US initial jobless claims data. In economic news, the producer and … 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 weakened 0.13% against the JPY and closed at 119.01. Yesterday, data showed that Tokyo condominium sales fell 4.00% in Japan on an annual basis, in March. In the previous … Continue reading

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