Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 0.81% to USD 15.27 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.3, with the silver trading 0.2% higher … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement Gold prices traded lower by 1.35% against the USD in the 24 hour period ending 23:00GMT, at 1117.80 per ounce, continuing its losing streak, amid a broad rally in global equity markets. In the Asian session, at GMT0400, … 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 0.47% against the USD to close at 0.7183. LME Copper prices rose 0.22% or $11.5/MT to $5149.0/MT. Aluminium prices rose 1.24% or $18.0/MT to $1470.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD to close at 1.3065, after US factory orders weakened more than anticipated in September. In the Asian session, at GMT0400, the pair is trading … Continue reading

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USD/CHF: Swiss Franc trading tad lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.9910. Yesterday, Chairman of the Swiss National Bank, Thomas Jordan, stated that the Swiss Franc remains “significantly overvalued” and that the … Continue reading

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USD/JPY: Japan’s service sector expanded in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 121.06. In the Asian session, at GMT0400, the pair is trading at 121.2, with the USD trading 0.12% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading tad higher, ahead of UK’s Markit services PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.5420. In economic news, UK’s Markit construction PMI declined to a level of 58.8 in October, in line with expectations, and … Continue reading

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EUR/USD: Euro trading lower, ahead of the Markit services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.0965, after the ECB President Mario Draghi reiterated the dovish statements he made in October. The ECB President repeated his stance … Continue reading

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Trading Signals as per 03-November-2015

Pair Action Status Stop Loss Take Profit NZD/USD BUY Active 0.6698 0.6778 GBP/CHF BUY Active 1.5148 1.5298 AUD/USD BUY Active 0.7138 0.7218 USD/CHF BUY Active 0.9838 0.9908 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 tad higher, ahead of the API’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 46.20, after weak economic data from China fuelled concerns of slowing demand from the world’s second largest consumer of oil. … Continue reading

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Silver: White metal trading on a stronger footing in the Asian session

Silver Movement Silver prices declined 0.77% to USD 15.40 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.43, with the silver trading 0.23% higher … Continue reading

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