USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s Q3 industrial production data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CHF and closed at 1.0218. In economic news, Switzerland’s UBS consumption indicator advanced to a level of 1.6 in October, compared to a revised reading … Continue reading

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USD/JPY: Japanese Yen trading tad higher, ahead of Japan’s national consumer price inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.15% against the JPY and closed at 122.70. In the Asian session, at GMT0400, the pair is trading at 122.62, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: UK’s GDP forecast revised upwards for 2016 and 2017

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.5126, after UK’s BBA mortgage approvals climbed in October from September. Data showed that Britain’s BBA mortgage approvals advanced to a … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.0621, languishing at a 7-month low level as traders speculated that the ECB would opt for fresh stimulus measures. Yesterday, the … Continue reading

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Trading Signals as per 25-November-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5132 1.5032 USD/JPY BUY Active 122.18 122.98 USD/CAD BUY Active 1.3238 1.3358 NZD/USD BUY Active 0.6518 0.6588 GBP/CHF BUY Active 1.5288 1.5448 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 higher, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices advanced 1.40% against the USD for the 24-hour period ending 23:00GMT, closing at 42.71, after tensions in the Middle East raised concerns over prospective oil supply disruptions. Separately, the American Petroleum Institute (API) reported … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement Silver prices rose 0.53% to USD 14.19 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.23, with the silver trading 0.32% higher … Continue reading

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

Gold Movement Gold prices traded higher by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1074.80 per ounce, amid a weaker greenback. In the Asian session, at GMT0400, the pair is trading at 1078.3, with the … Continue reading

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AUD/USD: Aussie extends its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.99% against the USD to close at 0.7264, after the RBA Governor expressed optimism over Australia’s economic outlook. Yesterday, RBA Governor, Glenn Stevens, sounded upbeat about the Australian … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.3304. Yesterday, the BoC’s Deputy Governor, Lynn Patterson, stated that growth in the Canadian economy is picking up above potential, boosted … Continue reading

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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 0.19% against the CHF and closed at 1.0169. In the Asian session, at GMT0400, the pair is trading at 1.016, with the USD trading marginally lower from yesterday’s … Continue reading

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