Monthly Archives: July 2015

GBP/USD: Pound trading lower ahead of UK’s industrial and manufacturing production figures

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5604, rebounding back from its earlier session losses. In the Asian session, at GMT0300, the pair is trading at 1.5588, with … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1056, as uncertainty remained over Greece’s future in the Euro-zone. Yesterday, the German Chancellor, Angela Merkel as well as the French … Continue reading

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Trading Signals as per 6-July-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1152 1.1022 USD/CHF BUY Active 0.9388 0.9468 NZD/USD BUY Active 0.6648 0.6718 USD/CAD SELL Active 1.2622 1.2542 AUD/USD SELL Active 0.7562 0.7482 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 1.94% against the USD for the period ending 21:00GMT, closing at 55.52. In the Asian session, at GMT0300, the pair is trading at 54.99, with the oil trading 0.95% lower from … Continue reading

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Silver: White metal reverses its gains this morning

Silver Movement On Friday, Silver prices rose 0.13% to USD 15.66 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.57, with the silver trading 0.54% lower 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 lower by 0.25% against the USD in the period ending 21:00GMT, at 1167.80 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1167.20, with … Continue reading

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USD/JPY: Japanese Yen extends its gains this morning

USDJPY Movement On Friday, the USD weakened 0.22% against the JPY and closed at 122.78. In the Asian session, at GMT0300, the pair is trading at 122.52, with the USD trading 0.21% lower from Friday’s close. Early this morning, the … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement On Friday, the GBP declined 0.15% against the USD and closed at 1.5585. In economic news, services activity in Britain bounced back more than anticipated pace in June, suggesting an improvement in the nation’s economic recovery. Data showed … Continue reading

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EUR/USD: Greece voted “NO”, rejects the creditor’s bailout offer

EURUSD Movement On Friday, the EUR rose 0.17% against the USD and closed at 1.1107, In economic news, Germany’s final services PMI edged up to a level of 53.80 in June, compared to a level of 53.0 in the previous … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement On Friday, the AUD weakened 1.42% against the USD to close at 0.7528. LME Copper prices rose 0.01% or $0.5/MT to $5761.5/MT. Aluminium prices declined 0.47% or $8.0/MT to $1685.0/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s Ivey PMI data

USDCAD Movement On Friday, the USD rose 0.10% against the CAD to close at 1.2555. The Canadian Finance Minister, Joe Oliver, mentioned that the nation will avoid a recession in 2015, despite data disclosing that the economy shrank in the … Continue reading

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