USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.3162. In economic news, Canada’s raw material price index advanced 3.0% MoM in September, more than market expectations for an advance … Continue reading

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USD/CHF: Swiss Franc trading tad lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9896, following the release of soft US 3Q GDP data. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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USD/JPY: BoJ held key interest rates steady at 0.1%

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.10% against the JPY and closed at 120.99. In the Asian session, at GMT0400, the pair is trading at 120.86, with the USD trading 0.11% lower from yesterday’s … Continue reading

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GBP/USD: British consumer confidence slips to a four-month low in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.5318. In economic news, UK’s net consumer credit recorded a rise of £1.3 billion in September, compared to an upwardly revised … Continue reading

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EUR/USD: Euro trading lower, ahead of Euro-zone’s CPI data for October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.53% against the USD and closed at 1.0985. Macroeconomic data showed that Germany’s unemployment rate remained unchanged at 6.4% in October, as expected. Additionally, the nation’s consumer price … Continue reading

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Trading Signals as per 29-October-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1022 1.0882 USD/JPY SELL Active 120.82 120.12 GBP/USD BUY Active 1.3312 1.3242 GBP/CHF SELL Active 0.7078 0.7158 NZD/USD SELL Active 0.6722 0.6622 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 reverses its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 6.13% against the USD for the 24 hour period ending 23:00GMT, closing at 46.04, reversing its previous session losses. Yesterday, the Energy Information Administration (EIA) disclosed that US crude-oil stockpiles rose by 3.4 … Continue reading

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Silver: White metal trading on a weaker footing in the morning session

Silver Movement Silver prices rose 0.19% to USD 15.94 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.895, with the silver trading 0.25% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1157.30 per ounce, giving up gains from its previous session, after a hawkish statement by the US Federal Reserve at its … Continue reading

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AUD/USD: Australia’s new home sales slid in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.30% against the USD to close at 0.7101. LME Copper prices declined 0.78% or $40.5/MT to $5179.0/MT. Aluminium prices declined 1.38% or $20.0/MT to $1434.0/MT. Yesterday, in China, … 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 0.56% against the CAD to close at 1.3196. In the Asian session, at GMT0400, the pair is trading at 1.3209, with the USD trading 0.1% higher from yesterday’s … Continue reading

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