Monthly Archives: April 2016

Silver: White metal extends its gains in the Asian session

Silver Movement Silver prices rose 0.91% to USD 17.20 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.325, with the silver trading 0.73% higher … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing in the morning session

Gold Movement Gold prices traded higher by 0.42% against the USD in the 24-hour period ending 23:00GMT, at 1244.30 per ounce, amid a broad weakness in the greenback following the release of downbeat US economic data. In the Asian session, … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australian consumer prices drop to a seven-year low level in 1Q 2016

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.41% against the USD to close at 0.7748. LME Copper prices declined 1.30% or $65.0/MT to $4935.5/MT. Aluminium prices declined 0.55% or $9.0/MT to $1632.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD to close at 1.2605, after US consumer confidence worsened more than expected in April. In the Asian session, at GMT0300, the pair is trading … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading tad higher, ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9737, on the back of weak US economic data. In the Asian session, at GMT0300, the pair is trading at 0.9733, … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s all industry activity index declined less-than-anticipated in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 111.29. In the Asian session, at GMT0300, the pair is trading at 111.14, with the USD trading 0.14% lower from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a stronger footing, ahead of UK’s flash Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.4578. In economic news, UK’s BBA mortgage approvals surprisingly declined to a level of 45.1K in March, its lowest level in … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading tad higher, ahead of Germany’s Gfk consumer confidence index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1298. In economic news, Italy’s non-EU trade surplus rose to a level of €4.0 billion in March, following a revised trade … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 26-April-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1332 1.1272 USD/CHF BUY Active 0.9728 0.9778 GBP/USD BUY Active 1.4508 1.4618 USD/JPY SELL Active 111.32 110.52 AUD/USD BUY Active 0.7698 0.7748 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … 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 1.74% against the USD for the 24-hour period ending 23:00GMT, closing at 42.99, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 42.92, with the oil … Continue reading

Posted in Crude Oil | Comments Off

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

Silver Movement Silver prices rose 0.09% to USD 17.05 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.125, with the silver trading 0.47% higher … Continue reading

Posted in Silver | Comments Off