Monthly Archives: September 2015

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.5272. In the Asian session, at GMT0300, the pair is trading at 1.5288, with the GBP trading 0.11% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s second quarter GDP growth data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.1171. In economic news, industrial production in Germany rebounded 0.7% MoM in July, against prior month’s revised drop of 0.9%. Markets … Continue reading

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Trading Signals as per 7-September-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1222 1.1112 GBP/USD BUY Active 1.5168 1.5268 AUD/USD SELL Active 0.6972 0.6829 EUR/JPY SELL Active 133.72 132.72 NZD/USD BUY Active 0.6228 0.6308 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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GBP/USD: Pound reversed its losses in the Asian session

GBPUSD Movement On Friday, the GBP declined 0.46% against the USD and closed at 1.5183. In the Asian session, at GMT0300, the pair is trading at 1.5191, with the GBP trading marginally higher from yesterday’s close. The pair is expected … Continue reading

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EUR/USD: Euro extends its gains ahead of Germany’s industrial production data

EURUSD Movement On Friday, the EUR rose 0.22% against the USD and closed at 1.1145. In economic news, the German factory orders dropped 1.40%MoM in July, compared to a revised advance of 1.80% in the previous month, while markets anticipated … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement On Friday, Crude Oil prices declined 1.39% against the USD for the period ending 21:00GMT, closing at 46.04, after mixed US jobs data raised demand growth concerns for the commodity from the world’s largest consumer of oil. … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement On Friday, Silver prices declined 0.85% to USD 14.58 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.59, with the silver trading 0.1% … Continue reading

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Gold: Yellow metal reverses its losses this morning

Gold Movement On Friday, Gold prices traded lower by 0.21% against the USD in the period ending 21:00GMT, at 1121.80 per ounce, after the release of mixed US employment data failed to provide clarity over the timing of an interest … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 1.41% against the USD to close at 0.6918. LME Copper prices declined 1.80% or $94.5/MT to $5155.5/MT. Aluminium prices declined 0.31% or $5.0/MT to $1601.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Canada’s unemployment rate increased to 7.0%

USDCAD Movement On Friday, the USD rose0.54% against the CAD to close at 1.3263. The CAD weakened, after Canada’s unemployment rate unexpectedly climbed to 7.0% in August, from 6.8% recorded in July. However, net number of people employed in the … Continue reading

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USD/CHF: Swiss consumer prices continue to fall

USDCHF Movement On Friday, the USD declined 0.10% against the CHF and closed at 0.9725, after the US non-farm payrolls increased less than market forecasts. In economic news, consumer prices in Switzerland recorded its steepest fall in 56 years, dipping … Continue reading

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