Monthly Archives: October 2015

Silver: White metal reverses its gains in the Asian session

Silver Movement Silver prices rose 0.25% to USD 15.91 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.885, with the silver trading 0.13% lower … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Gold Movement Gold prices traded higher by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1167.30 per ounce, as global equity markets stayed muted and investors expressed caution ahead of the Federal Reserve policy statement later … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australia’s inflation rose less than expected

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.71% against the USD to close at 0.7194. LME Copper prices declined 0.26% or $13.5/MT to $5219.5/MT. Aluminium prices declined 0.95% or $14.0/MT to $1454.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading flat in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.83% against the CAD to close at 1.3271. Yesterday, the Deputy Governor of BoC, Timothy Lane, announced that the central bank might opt for certain alternative inflation measures … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CHF and closed at 0.9869. In economic news, Switzerland’s UBS consumption indicator slightly edged up to 1.65 points in September, from an upwardly revised 1.64 … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a stronger footing, ahead of industrial production data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.54% against the JPY and closed at 120.40. In the Asian session, at GMT0400, the pair is trading at 120.35, with the USD trading marginally lower from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK economy loses steam in Q3

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5310, after UK’s weak construction and manufacturing sector activity slowed down the nation’s economy in the 3Q of 2015. The flash … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading tad lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.18% against the USD and closed at 1.1038. Yesterday, the ECB’s Governing Council member, Ewald Nowotny, stated that monetary policy alone can’t combat deflation and that active fiscal … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 27-October-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1088 USD/JPY BUY Active 120.18 120.98 AUD/USD SELL Active 0.7292 0.7222 GBP/CHF BUY Active 1.4978 1.5128 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

Posted in Trading Signals | Leave a comment

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

Crude Oil Movement Crude Oil prices declined 1.64% against the USD for the 24 hour period ending 23:00GMT, closing at 43.88, as global supply glut concerns continued to weigh on oil prices. Meanwhile, Executive director of the International Energy Agency … Continue reading

Posted in Crude Oil | Comments Off

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

Silver Movement Silver prices rose 0.28% to USD 15.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.825, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off