Monthly Archives: May 2015

Silver: White metal reverses its gains in the Asian session

Silver Movement Silver prices rose 0.35% to USD 17.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.11, with the silver trading 0.29% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading a tad higher this morning

Gold Movement Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1205.80 per ounce. Losses in gold prices were capped by disappointing economic data in the US, as weekly initial jobless claims … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.34% against the USD to close at 0.7899. LME Copper prices rose 0.52% or $32.0/MT to $6240.0/MT. Aluminium prices declined 0.74% or $13.0/MT to $1736.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.2198. Yesterday, an former adviser to the earlier Bank of Canada Governor Mark Carney, stated that the BoC may cut … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9370. In the Asian session, at GMT0300, the pair is trading at 0.9361, with the USD trading 0.09% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading marginally higher ahead of the BoE Governor’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.80% against the USD and closed at 1.5661, as Britain’s monthly retail sales bounced back strongly in April. Data showed that retail sales in the UK climbed 1.2% … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s Q1 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1110, as the Euro-zone’s manufacturing activity expanded at the fastest pace in 13 months in May. Data released showed that the … Continue reading

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Trading Signals as per 21-May-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1198 GBP/USD BUY Active 1.5578 1.5718 USD/CAD SELL Active 1.2262 1.2162 NZD/USD SELL Active 0.7372 0.7292 GBP/CHF BUY Active 1.4498 1.4658 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 higher ahead of Germany’s manufacturing PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1094. In economic news, Germany’s producer price index rose 0.10% MoM in April, compared to a similar rise in the previous … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.62% against the USD for the 24 hour period ending 23:00GMT, closing at 58.72, after official data from the Energy Information Administration (EIA) showed crude stockpiles in the US declined more than expected … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement Silver prices traded marginally higher against the USD at 17.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.19, with the silver trading 0.5% higher from yesterday’s … Continue reading

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