Monthly Archives: November 2015

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

Crude Oil Movement Crude Oil prices advanced 2.55% against the USD for the 24 hour period ending 23:00GMT, closing at 41.87, amid speculation that geopolitical tensions in the Middle East could lead to potential oil supply disruptions. However, gains in … Continue reading

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

Silver Movement Silver prices declined 0.56% to USD 14.24 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.22, with the silver trading 0.11% lower … Continue reading

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Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1083.00 per ounce, over expectations of a December interest rate hike by the US Federal Reserve. In the Asian session, at … Continue reading

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AUD/USD: RBA upbeat about economic growth

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.27% against the USD to close at 0.7095. LME Copper prices declined 1.24% or $60.0/MT to $4765.0/MT. Aluminium prices declined 1.25% or $18.5/MT to $1457.5/MT. Yesterday, the RBA … Continue reading

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USD/CAD: Canada’s existing home sales rose in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.3333. In economic news, Canada’s existing home sales rose 1.8% MoM in October, reaching its second highest level in almost six … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 1.0097. In economic news, Switzerland’s total sight deposits edged up to CHF467.7 billion from CHF467.2 billion during the week ended 13 … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.74% against the JPY and closed at 123.25. In the Asian session, at GMT0400, the pair is trading at 123.39, with the USD trading 0.11% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower, ahead of Britain’s consumer price inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5202. In the Asian session, at GMT0400, the pair is trading at 1.5179, with the GBP trading 0.15% lower from yesterday’s … Continue reading

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EUR/USD: Euro trading on a weaker footing, ahead of Euro-zone’s ZEW economic sentiment survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.0687. Macroeconomic data showed that Euro-zone’s consumer price index rose 0.1% MoM in October, at par with market expectations, but slightly … Continue reading

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Trading Signals as per 16-November-2015

Pair Action Status Stop Loss Take Profit NZD/USD BUY Active 0.64788 0.6548 EUR/JPY BUY Active 131.08 132.28 AUD/USD SELL Active 0.7162 0.7092 EUR/USD SELL Active 1.0802 1.0702 USD/CHF BUY Active 0.9998 1.0078 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 on a stronger footing in the Asian session

Crude Oil Movement Crude Oil prices declined 2.78% against the USD for the 24 hour period ending 23:00GMT, closing at 40.55, extending its previous session losses, amid intensifying concerns over global supply glut. Oil prices came under pressure, after Baker … Continue reading

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