Monthly Archives: April 2016

USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 107.94. In the Asian session, at GMT0300, the pair is trading at 108.17, with the USD trading 0.21% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading a tad higher, ahead of UK’s consumer price inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4228. In economic news, UK’s BRC retail sales monitor across all sectors declined by 0.7% YoY in March, its biggest drop … Continue reading

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EUR/USD: Euro trading slightly lower, ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1411. In economic news, Italy’s seasonally adjusted industrial production declined less-than-expected by 0.6% MoM in February, compared to a revised rise … Continue reading

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Trading Signals as per 11-April-2016

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.7590 0.7525 NZD/USD SELL Active 0.6855 0.6790 USD/JPY BUY Active 107.86 110.61 EUR/USD SELL Active 1.1540 1.1100 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading on a stronger footing in the morning session

Crude Oil Movement Crude Oil prices advanced 5.08% against the USD for the 24-hour period ending 23:00GMT, closing at 39.52, after Baker Hughes reported that the US oil rig count declined by 8 to a level of 354 in the … Continue reading

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Silver: White metal extends its gains in the Asian session

Silver Movement Silver prices rose 0.99% to USD 15.37 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.45, with the gold trading 0.55% higher from Friday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded marginally lower against the USD in the 24-hour period ending 23:00GMT, amid a broad strength in global equity markets. Separately, assets in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell 0.2% to 817.81 … Continue reading

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AUD/USD: Australian home loan approvals rebounded in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.7553. LME Copper prices declined 1.29% or $61.0 /MT to $4654.0 /MT. Aluminium prices rose 0.47% or $7.0 /MT to $1492.0 … Continue reading

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USD/CAD: Canada’s unemployment rate declined to 7.1% in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD to close at 1.3000. The CAD gained ground, after Canada’s unemployment rate surprisingly fell to 7.1% in March, from a three-year high level of … Continue reading

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USD/CHF: Swiss CPI rose on a monthly basis in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9536. The Swiss Franc strengthened, after Switzerland’s consumer price index (CPI) advanced in line with investor expectations by 0.3% MoM in … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 108.19. In economic news, Japan’s Eco Watchers survey for future outlook fell unexpectedly to a level of 46.7 in March, compared … Continue reading

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