Monthly Archives: April 2016

USD/CHF: Switzerland’s economic sentiment strengthened in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.03% against the CHF and closed at 0.9716. In economic news, Switzerland’s ZEW economic expectations index advanced to a four-month high level of 11.5 in April, from a … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 109.81. In economic news, Japan’s final machine tool orders declined by 21.2% YoY in March. The preliminary figure had also indicated … Continue reading

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GBP/USD: UK unemployment rate steady, but wage growth slowed in the three months to February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.34% against the USD and closed at 1.4334, following disappointing employment report in the UK. Data showed that average weekly earnings rose by 1.8% in the three months … Continue reading

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EUR/USD: Euro trading tad lower, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1300, after, Germany’s producer price index remained flat on a monthly basis in March, its steepest decline since January 2010, compared … Continue reading

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Trading Signals as per 20-April-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1402 1.1342 GBP/USD BUY Active 1.4288 1.4398 AUD/USD BUY Active 0.7748 0.7818 EUR/JPY BUY Active 123.08 124.08 GBP/CHF BUY Active 1.3767 1.3855 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 advanced 1.10% against the USD for the 24-hour period ending 23:00GMT, closing at 40.43. However, the gains in oil prices were capped after the American Petroleum Institute (API) reported that US oil inventories rose … Continue reading

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Silver: White metal extends its gains in the morning session

Silver Movement Silver prices rose 4.62% to USD 16.97 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 17.175, with the silver trading 1.21% higher … Continue reading

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

Gold Movement Gold prices traded higher by 1.52% against the USD in the 24-hour period ending 23:00GMT, at 1251.90 per ounce, amid a broad weakness in the greenback following the release of a weaker-than-expected US housing sector data. In the … Continue reading

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AUD/USD: Australia’s Westpac leading index fell in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.61% against the USD to close at 0.7803. LME Copper prices rose 0.29% or $14.0/MT to $4812.0 /MT. Aluminium prices rose 1.20% or $18.5 /MT to $1565.5 /MT. … 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 0.80% against the CAD to close at 1.2690. Yesterday, the Bank of Canada (BoC) Governor, Stephen Poloz, in his speech remained cautious on Canada’s economic outlook as the … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s ZEW expectations survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9616, after disappointing housing data in the US. In the Asian session, at GMT0300, the pair is trading at 0.9607, with … Continue reading

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