Monthly Archives: October 2015

Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 6.13% against the USD for the 24 hour period ending 23:00GMT, closing at 46.04, reversing its previous session losses. Yesterday, the Energy Information Administration (EIA) disclosed that US crude-oil stockpiles rose by 3.4 … Continue reading

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Silver: White metal trading on a weaker footing in the morning session

Silver Movement Silver prices rose 0.19% to USD 15.94 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.895, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1157.30 per ounce, giving up gains from its previous session, after a hawkish statement by the US Federal Reserve at its … Continue reading

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AUD/USD: Australia’s new home sales slid in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.30% against the USD to close at 0.7101. LME Copper prices declined 0.78% or $40.5/MT to $5179.0/MT. Aluminium prices declined 1.38% or $20.0/MT to $1434.0/MT. Yesterday, in China, … Continue reading

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USD/CAD: Loonie reverses its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD to close at 1.3196. In the Asian session, at GMT0400, the pair is trading at 1.3209, with the USD trading 0.1% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.70% against the CHF and closed at 0.9938. In the Asian session, at GMT0400, the pair is trading at 0.994, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading higher, ahead of Japan’s national CPI data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.59% against the JPY and closed at 121.11. In the Asian session, at GMT0400, the pair is trading at 120.68, with the USD trading 0.35% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading tad lower, ahead of Britain’s consumer credit data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.25% against the USD and closed at 1.5271. In the Asian session, at GMT0400, the pair is trading at 1.5261, with the GBP trading marginally lower from yesterday’s … Continue reading

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EUR/USD: Euro trading on a weaker footing, ahead of Germany’s unemployment rate data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.00% against the USD and closed at 1.0927, after Germany’s GfK consumer confidence index weakened in November. Data showed that Germany’s Gfk consumer confidence index dropped 0.2 points … Continue reading

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Trading Signals as per 28-October-2015

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.5248 1.5338 USD/JPY SELL Active 120.82 120.12 USD/CAD SELL Active 1.3312 1.3242 AUD/USD BUY Active 0.7078 0.7158 EUR/JPY BUY Active 132.38 133.18 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 43.38, over persistent concerns of a global oil supply glut. Oil prices remained under pressure, after the American Petroleum Institute … Continue reading

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