Monthly Archives: July 2015

EUR/USD: Greece no longer in default, mentioned the IMF

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally lower against the USD and closed at 1.0835. Yesterday, the IMF announced that the Greek government repaid them €2.05 billion overdue debt and is no longer in … Continue reading

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Trading Signals as per 20-July-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0872 1.0802 GBP/USD SELL Active 1.5642 1.5542 AUD/USD BUY Active 0.7338 0.7408 USD/CAD SELL Active 1.3002 1.2932 GBP/CHF BUY Active 1.4898 1.5028 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement On Friday, the USD weakened 0.06% against the JPY and closed at 124.08. In the Asian session, at GMT0300, the pair is trading at 124.18, with the USD trading 0.08% higher from Friday’s close. The pair is expected … Continue reading

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EUR/USD: Euro extends its losses in the Asian session

EURUSD Movement On Friday, the EUR declined 0.33% against the USD and closed at 1.0844. In economic news, the seasonally adjusted construction output in the Euro-zone rebounded 0.3% on a monthly basis in May. It followed a 0.2% drop in … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement On Friday, Crude Oil prices declined 0.43% against the USD for the period ending 21:00GMT, closing at 50.80, on continued fears of an oversupply, once Iran ramps up its production and starts shipping it to the global … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement On Friday, Silver prices declined 0.77% to USD 14.86 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.57, with the silver trading 1.88% … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.97% against the USD in the period ending 21:00GMT, at 1132.70 per ounce, following upbeat economic releases in the US, thus bolstering the chances of a rate hike by the Fed … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement On Friday, the AUD weakened 0.39% against the USD to close at 0.7381. LME Copper prices declined 1.18% or $65.0/MT to $5465.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1663.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2988. In economic news, consumer prices in Canada rose 0.2% MoM in June, at par with market expectations and following a 0.6% increase recorded in May. … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement On Friday, the USD rose 0.39% against the CHF and closed at 0.39%. In the Asian session, at GMT0300, the pair is trading at 0.9630, with the USD trading 0.19% higher from Friday’s close. The pair is expected … Continue reading

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GBP/USD: Pound trading on a weaker footing in the Asian session

GBPUSD Movement On Friday, the GBP marginally declined against the USD and closed at 1.5605, surrendering its earlier session gains. In the Asian session, at GMT0300, the pair is trading at 1.5585, with the GBP trading 0.13% lower from Friday’s … Continue reading

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