Monthly Archives: May 2015

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

USDCHF Movement On Friday, the USD rose 0.34% against the CHF and closed at 0.9157. In economic news, the producer and import price index in Switzerland eased 2.1% on a monthly basis in April, compared to an advance of 0.20% … Continue reading

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GBP/USD: UK construction output bounced back sharply in March

GBPUSD Movement On Friday, the GBP fell 0.25% against the USD and closed at 1.5734. On the macro front, construction output in the UK jumped slightly less-than-expected 3.9% in March on a monthly basis, snapping a 4 months streak of … Continue reading

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EUR/USD: Euro trading on a weaker footing this morning

EURUSD Movement On Friday, the EUR rose 0.38% against the USD and closed at 1.1447. The greenback lost ground, following weak economic data in the US. Data released showed that the preliminary Reuters/Michigan consumer sentiment index in the US unexpectedly … Continue reading

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Trading Signals as per 15-May-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1268 1.1408 GBP/USD SELL Active 1.5812 1.5712 USD/CHF SELL Active 0.9262 0.9142 AUD/USD BUY Active 0.7978 0.8068 NZD/USD BUY Active 0.7388 0.7478 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.1985. On the macro front, Canada’s new housing price index remained unchanged on a monthly basis in March, compared to a … Continue reading

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USD/JPY: No need to ease further now, indicated the BoJ Governor

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 119.20. In economic news, preliminary machine tool orders in Japan advanced 10.40% on an annual basis, in April. It had risen … Continue reading

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Crude Oil: Oil prices trading below its MA’s

Crude Oil Movement Crude Oil prices declined 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 59.71, as supply glut concerns continued to hit oil prices. In the Asian session, at GMT0300, the pair is trading … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement Silver prices rose 2.01% to USD 17.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.345, with the silver trading 0.91% 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 higher by 0.54% against the USD in the 24 hour period ending 23:00GMT, at 1221.20 per ounce, as a broad weakness in the greenback against its major counterparts burnished demand for the safe-haven yellow metal. … 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 weakened 0.49% against the USD to close at 0.8080. LME Copper prices declined 0.26% or $17.0/MT to $6399.0/MT. Aluminium prices declined 0.75% or $14.0/MT to $1846.0/MT. In the Asian … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CHF and closed at 0.9126. In the Asian session, at GMT0300, the pair is trading at 0.9128, with the USD trading marginally higher from yesterday’s … Continue reading

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