Monthly Archives: August 2015

AUD/USD: Aussie trading lower, ahead of Australia’s leading indicator data

AUDUSD Movement On Friday, the AUD declined 0.12% against the USD and closed at 0.7327. LME Copper prices declined 0.29% or $14.5/MT to $5046.0/MT. Aluminium prices declined 1.33% or $20.5/MT to $1523.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: CAD trading lower this morning, extending its direction in the Asian session

USDCAD Movement On Friday, the USD rose 0.71% against the CAD to close at 1.3176. Released data revealed that Canada’s annual consumer prices increased less than expected by 1.3% in July, after rising 1.0% in June. The retail sales of … Continue reading

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

USDCHF Movement On Friday, the USD declined 1.14% against the CHF and closed at 0.9482. In the Asian session, at GMT0300, the pair is trading at 0.9389, with the USD trading 0.98% lower from Friday’s close. The pair is expected … Continue reading

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USD/JPY: Yen trading higher this morning

USDJPY Movement On Friday, the USD declined 1.08% against the JPY and closed at 122.13. In the Asian session, at GMT0300, the pair is trading at 120.85, with the USD trading 1.05% lower from Friday’s close. The pair is expected … Continue reading

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GBP/USD: Sterling trading lower in the Asian session

GBPUSD Movement On Friday, the GBP rose marginally against the USD and closed at 1.5694. Friday’s data revealed that Britain’s public sector net borrowing, excluding public sector banks, decreased by £1.4 billion to a surplus of £1.3 billion in July … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement On Friday, the EUR rose 1.25% against the USD and closed at 1.1370, after Euro-zone’s consumer confidence slightly improved in August, its first increase in five months. Compared to a reading of -7.10 in July, the preliminary consumer … Continue reading

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Trading Signals as per 21-August-2015

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9622 0.9492 GBP/USD BUY Active 1.5608 1.5718 USD/JPY BUY Active 122.38 123.28 USD/CAD BUY Active 1.2988 1.3128 GBP/CHF BUY Active 1.4888 1.5058 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 trading lower this morning

Crude Oil Movement Crude Oil prices advanced 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 41.09. In the Asian session, at GMT0300, the pair is trading at 40.69, with crude oil prices trading 0.97% lower … Continue reading

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Silver: Silver is trading flat in the Asian session

Silver Movement Silver prices rose 1.80% to USD 15.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.59, with silver trading unchanged from yesterday’s close. The pair is expected … Continue reading

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Gold: Gold is trading higher, after slump in China PMI data for August

Gold Movement Gold prices traded higher by 1.98% against the USD in the 24 hour period ending 23:00GMT, at 1154.60 per ounce following rout in equities and as traders continued to speculate that Fed would not rush in hiking interest … Continue reading

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AUD/USD: AUD trading lower after China’s PMI slumped to 77-month low

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.21% against the USD to close at 0.7336. LME Copper prices rose 1.08% or $ 54.0/MT to $ 5060.5/MT. Aluminium prices rose 1.45% or $22.0/MT to $1544.0/MT. In … Continue reading

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