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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: July 2015
EUR/USD: The Greek Parliament voted “Yes” on bailout bill
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.51% against the USD and closed at 1.0957. Yesterday, the Greek Parliament approved the new bailout package of €86 billion, coming with tough austerity measures demanded by its … Continue reading
Posted in EUR/USD
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Crude Oil: Oil reverses its losses in the Asian session
Crude Oil Movement Crude Oil prices declined 3.00% against the USD for the 24 hour period ending 23:00GMT, closing at 51.70, on escalated concerns of a global oil oversupply, after Iran clinched a deal with the West and eventually led … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing this morning
Silver Movement Silver prices declined 1.66% to USD 15.07 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 15.04, with the silver trading 0.17% lower … Continue reading
Posted in Silver
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Gold: Yellow metal trading lower in the Asian session
Gold Movement Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1148.10 per ounce, after the Fed Chief, Janet Yellen, in her testimony, reiterated that the central bank will likely raise its … Continue reading
Posted in Gold
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AUD/USD: Aussie trading on a weaker footing this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.88% against the USD to close at 0.7386. LME Copper prices rose 1.72% or $94.5/MT to $5597.0/MT. Aluminium prices rose 1.30% or $21.5/MT to $1674.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: The BoC lowered its benchmark interest rate to 0.5%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.45% against the CAD to close at 1.2915. The CAD lost ground, after the BoC decided to slash its benchmark interest rate by 25 basis points to 0.5% … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s real retail sales data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.72% against the CHF and closed at 0.9517. The Swiss franc came under pressure, after Switzerland’s ZEW economic expectations index eased to a level of -5.40. In the … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a stronger footing this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.49% against the JPY and closed at 123.96. In the Asian session, at GMT0300, the pair is trading at 123.83, with the USD trading 0.11% lower from yesterday’s … Continue reading
Posted in USD/JPY
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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 traded a tad higher against the USD and closed at 1.5639. Yesterday, data showed that unemployment in the UK unexpectedly rose to 5.6% in the three months ended May, … Continue reading
Posted in GBP/USD
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Trading Signals as per 15-July-2015
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1092 1.0992 GBP/USD SELL Active 1.5762 1.5602 AUD/USD SELL Active 0.7500 0.7432 USD/CHF BUY Active 0.9390 0.9515 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading
Posted in Trading Signals
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EUR/USD: Euro reverses its gains in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1013. Yesterday, economic data showed that Germany’s ZEW economic sentiment index eased to a level of 29.7 in July, … Continue reading
Posted in EUR/USD
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