Monthly Archives: May 2015

USD/CAD: Loonie trading on a stronger footing ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.11% against the CAD to close at 1.2154, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.2145, with the USD … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9261. In economic news, Switzerland’s real retail sales eased 2.8% YoY in March, following a drop of 2.7% recorded in the … Continue reading

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.45% against the JPY and closed at 119.96. In the Asian session, at GMT0300, the pair is trading at 119.97, with the USD trading marginally higher from yesterday’s … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s ZEW survey

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.08% against the USD and closed at 1.1320. Yesterday, the ECB policymaker, Yves Mersch stated that the ECB would continue with its QE program and have no intention … Continue reading

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Trading Signals as per 18-May-2015

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.5638 1.5758 USD/JPY BUY Active 119.28 119.98 AUD/USD BUY Active 0.7958 0.8028 EUR/JPY SELL Active 137.12 136.12 GBP/CHF BUY Active 1.4298 1.4488 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement On Friday, the USD strengthened 0.11% against the JPY and closed at 119.33. In the Asian session, at GMT0300, the pair is trading at 119.63, with the USD trading 0.25% higher from yesterday’s close. In economic news, industrial … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement On Friday, Crude Oil prices advanced 0.22% against the USD for the period ending 21:00GMT, closing at 59.84, rebounding from its previous session losses. In the Asian session, at GMT0300, the pair is trading at 59.76, with … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement On Friday, Silver prices rose 0.26% to USD 17.55 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.62, with the silver trading 0.4% higher from Friday’s close. The … Continue reading

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Gold: Yellow metal trading a tad lower in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1224.40 per ounce, on the back of weak economic data in the US, thus enhancing demand for the safe-haven yellow metal … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 0.47% against the USD to close at 0.8042. LME Copper prices declined 0.67% or $-43.0/MT to $6356.0/MT. Aluminium prices declined 1.79% or $33.0/MT to $1813.0/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement On Friday, the USD rose 0.33% against the CAD to close at 1.2024. On the macro front, Canada’s existing home sales rose 2.3% on a MoM basis in April, compared to a rise of 4.1% recorded in the … Continue reading

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