Monthly Archives: August 2015

Gold: Gold trading higher in the Asian session

Gold Movement Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1152.60 per ounce, amid concerns surrounding China, one of the largest consumers of the commodity. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: AUD reverses its losses, despite a fall in Australia’s leading indicator

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.52% against the USD and closed at 0.7150. LME Copper prices declined 3.13% or $158.0/MT to $4888.0/MT. Aluminium prices declined 2.49% or $38.0/MT to $1485.5/MT. In the Asian … Continue reading

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USD/CAD: CAD trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.70% against the CAD and closed at 1.3291. In the Asian session, at GMT0300, the pair is trading at 1.3249, with the USD trading 0.32% lower from yesterday’s … Continue reading

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USD/CHF: Swiss trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.56% against the CHF and closed at 0.9314. In the Asian session, at GMT0300, the pair is trading at 0.9356, with the USD trading 0.45% higher from yesterday’s … Continue reading

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USD/JPY: Yen reverses its gains this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 2.49% against the JPY and closed at 118.46. Yesterday, data revealed that Japan’s final coincident index rose to 112.3 in June from its preliminary figure of 112.0, while … Continue reading

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GBP/USD: Pound trading higher, ahead of index of services data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.5754. In the Asian session, at GMT0300, the pair is trading at 1.5767, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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EUR/USD: Euro reverses its gains, ahead of German Q2 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.78% against the USD and closed at 1.1595. In the US, the national activity index from the Chicago Fed swung back into positive territory to 0.34 in July, … Continue reading

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Trading Signals as per 24-August-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1348 1.1478 USD/JPY BUY Active 119.68 121.28 USD/CAD BUY Active 1.3168 1.3268 AUD/USD BUY Active 0.7178 0.7268 EUR/JPY SELL Active 139.32 138.02 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Crude oil prices extends its losing trend in the Asian session

Crude Oil Movement On Friday, Crude Oil prices declined 2.07% against the USD for the period ending 20:00GMT, closing at 40.24, amid Chinese concerns. Meanwhile, Baker Hughes reported that oil rigs in the US rose by 2 to 674 for … Continue reading

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Silver: White metal losing ground this morning

Silver Movement On Friday, Silver prices declined 1.83% to USD 15.30 per ounce during the period ending 20:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.28, with silver trading 0.1% lower from Friday’s close. The pair … Continue reading

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Gold: Gold trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.36% against the USD in the period ending 20:00GMT, at 1158.80 per ounce, notching a six-week high, as a slump in global equity markets drove investors to the safe haven metal. … Continue reading

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