Monthly Archives: May 2016

GBP/USD: Pound trading on a stronger footing, ahead of UK’s Markit manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.4666. On Friday, data showed that UK’s mortgage approvals unexpectedly declined to a four-month low level of 71.4K in March, weighed … 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 0.62% against the USD and closed at 1.1527. In economic news, the Euro-zone’s final Markit manufacturing PMI unexpectedly rose to a level of 51.7 in April, compared to … Continue reading

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Trading Signals as per 02-May-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1502 1.1452 USD/CHF BUY Active 0.9558 0.9608 USD/JPY BUY Active 105.98 106.78 GBP/USD SELL Active 1.4662 1.4602 USD/CAD SELL Active 1.2572 1.2522 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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