Monthly Archives: April 2016

Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.44% against the USD in the 24-hour period ending 23:00GMT, at 1239.10 per ounce, as an unexpected drop in US new home sales led to a broad weakness in the greenback. In the … Continue reading

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AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.11% against the USD to close at 0.7716. LME Copper prices declined 0.30% or $15.0/MT to $5000.5/MT. Aluminium prices rose 0.37% or $6.0/MT to $1641.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD to close at 1.2677. In the Asian session, at GMT0300, the pair is trading at 1.2667, with the USD trading 0.08% lower from yesterday’s … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9751, after US new home sales surprisingly declined in March. In economic news, Switzerland’s total sight deposits inched up to a … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.30% against the JPY and closed at 111.21, after US new home sales declined in March. In economic news, Japan’s final leading index plunged to a six-year low … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s BBA mortgage approvals data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.4482. In economic news, UK’s CBI industrial trends total orders unexpectedly improved to a level of -11.0 in April, from a … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1265. In economic news, Germany’s Ifo business climate index surprisingly declined to a level of 106.6 in April, in a latest … Continue reading

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Trading Signals as per 25-April-2016

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9718 0.9778 GBP/USD SELL Active 1.4492 1.4372 USD/JPY SELL Active 111.82 110.82 NZD/USD SELL Active 0.6913 0.6847 EUR/USD SELL Active 1.1282 1.1212 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 reverses its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.88% against the USD for the 24-hour period ending 23:00GMT, closing at 43.78, after Baker Hughes reported that the US oil rig count declined by 8 to a level of 343 in the … Continue reading

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Silver: White metal trading tad lower this morning

Silver Movement Silver prices declined 0.32% to USD 17.05 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.04, with the silver trading marginally lower … Continue reading

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

Gold Movement Gold prices traded lower by 1.33% against the USD in the 24-hour period ending 23:00GMT, at 1235.00 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1234.8, … Continue reading

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