Monthly Archives: July 2015

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9468. On the macro front, the seasonally adjusted unemployment rate in Switzerland remained unchanged at 3.3% in June, at par with … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.06% against the JPY and closed at 122.53. In the Asian session, at GMT0300, the pair is trading at 122.18, with the USD trading 0.28% lower from yesterday’s … Continue reading

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GBP/USD: The NIESR projected robust GDP growth in second quarter

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.92% against the USD and closed at 1.5460, following mixed economic data in the UK. Data released showed that industrial production in the nation unexpectedly jumped 0.4% MoM … Continue reading

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Trading Signals as per 7-July-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY ACTIVE 1.0958 1.1078 USD/JPY SELL ACTIVE 123.22 122.42 USD/CAD BUY ACTIVE 1.2628 1.2708 AUD/USD BUY ACTIVE 0.7398 0.7468 EUR/JPY SELL ACTIVE 136.12 134.62 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to … Continue reading

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AUD/USD: The RBA kept interest rates unchanged at 2%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad higher against the USD to close at 0.7492. LME Copper prices declined 3.32% or $191.5MT to $5570.0/MT. Aluminium prices declined 2.43% or $41.0/MT to $1644.0/MT. In … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 3.70% against the USD for the 24 hour period ending 23:00GMT, closing at 52.89, ahead of the meeting between Iran and the Western powers, as an agreement between the two would raise concerns … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.22% to USD 15.68 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 15.64, with the silver trading 0.26% lower … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1169.00 per ounce, extending its previous session losses. Meanwhile, expectations of a possible interest rate hike by the Fed at its … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.2648. On the macro front, Canada’s Ivey PMI slid to a 3-month low of 55.9 in June, after hitting a 19-month high … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s unemployment rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CHF and closed at 0.9426. The Swiss Franc rose ground, on the back of upbeat CPI data. Data showed that consumer prices in Switzerland … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.21% against the JPY and closed at 122.61. In economic news, the preliminary leading economic index in Japan fell to 106.20 in May, in line with market expectations … Continue reading

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