Monthly Archives: July 2015

USD/CAD: Loonie reverses its losses this morning

USDCAD Movement On Friday, the USD rose 0.06% against the CAD to close at 1.3035. In the Asian session, at GMT0300, the pair is trading at 1.3023, with the USD trading 0.09% lower from Friday’s close. The pair is expected … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement On Friday, the USD rose 0.23% against the CHF and closed at 0.9622, after the US manufacturing PMI data advanced in July. In the Asian session, at GMT0300, the pair is trading at 0.9604, with the USD trading … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement On Friday, the USD weakened 0.10% against the JPY and closed at 123.79. In the Asian session, at GMT0300, the pair is trading at 123.48, with the USD trading 0.25% lower from Friday’s close. Overnight data revealed that … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, the GBP is trading marginally lower against the USD and closed at 1.5510. In economic news, UK BBA mortgage approvals notched a 15-month high level of 44.48K in June, compared to a revised reading of 42.87 … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s IFO economic survey

EURUSD Movement On Friday, the EUR declined 0.06% against the USD and closed at 1.0978, after the release of the manufacturing and services PMI data across the Euro-zone. Data released showed that Germany’s flash manufacturing PMI unexpectedly dropped to a … Continue reading

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Trading Signals as per 24-July-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1022 1.0902 GBP/USD SELL Active 1.5572 1.5432 AUD/USD SELL Active 0.7342 0.7262 EUR/JPY BUY Active 134.98 135.98 NZD/USD SELL Active 0.6632 0.6532 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CHF and closed at 0.9600. In the Asian session, at GMT0300, the pair is trading at 0.9604, with the USD trading higher from yesterday’s … Continue reading

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USD/JPY: Japan’s manufacturing PMI rose at the fastest pace in five-months in July

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.06% against the JPY and closed at 123.91. Yesterday, the IMF warned Japan that it needs to step up reforms in order to curb the risks pertaining to … Continue reading

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GBP/USD: Britain’s retail sales unexpectedly dipped in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.5515, after the release of dismal retail sales data in the UK. Yesterday, data released showed that retail sales in the … Continue reading

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EUR/USD: Euro trading lower ahead of economic data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.0985. In economic news, the Euro-zone’s consumer confidence weakened to -7.1 in July, from -5.6 in June, indicating that the threat … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 48.70, as concerns of global supply glut continued to hit oil prices. In the Asian session, at GMT0300, the pair … Continue reading

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