Monthly Archives: July 2015

GBP/USD: Pound trading a tad higher ahead of the release of the BoE minutes

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.5557. In economic news, Britain’s public sector net borrowing edged up to £8.60 billion in June, from a revised surplus of … Continue reading

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EUR/USD: Greek Parliament prepares to vote for second set of reforms

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.95% against the USD and closed at 1.0938, with Greece preparing to vote on a second batch of reforms to open talks on a new bailout deal. In … Continue reading

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Trading Signals as per 21-July-2015

Pair Action Status Stop Loss Take Profit NZD/USD BUY Active 0.6568 0.6638 GBP/CHF BUY Active 1.4928 1.5058 GBP/USD SELL Active 1.5662 1.5552 AUD/USD BUY Active 0.7318 0.7388 USD/JPY SELL Active 124.82 124.12 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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AUD/USD: Interest rate would remain steady due to stable unemployment rate, revealed the RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.06% against the USD to close at 0.7374. LME Copper prices declined 0.73% or $40.0/MT to $5425.0/MT. Aluminium prices declined 1.62% or $27.0/MT to $1636.5/MT. In the Asian … Continue reading

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USD/JPY: Economic recovery on track, revealed the BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.14% against the JPY and closed at 124.28. In the Asian session, at GMT0300, the pair is trading at 124.35, with the USD trading 0.06% higher from yesterday’s … Continue reading

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Crude Oil: Oil prices trading below its MA’s

Crude Oil Movement Crude Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 50.00, amid a broad strength in the greenback which continued to hit the dollar-denominated commodity. Oil prices remained under pressure, owing … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices declined 1.25% to USD 14.64 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.73, with the silver trading 0.61% … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded lower by 2.95% against the USD in the 24 hour period ending 23:00GMT, at 1097.50 per ounce, extending its previous session losses, following last week’s comment from the Fed Chief, Janet Yellen, about an interest … Continue reading

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USD/CAD: Loonie reverses its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.2998. On the macro front, Canadian wholesale sales unexpectedly slid 1.0% on a monthly basis in May, following a revised rise … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9635. In the Asian session, at GMT0300, the pair is trading at 0.9637, with the USD trading marginally higher from yesterday’s … Continue reading

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GBP/USD: Pound trading marginally lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.5567, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1.5565, with the GBP … Continue reading

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