USD/CAD: CAD trading higher, ahead of GDP growth data for Q2

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD and closed at 1.3143. Yesterday, Canada’s current account deficit dropped less than expected to C$ 17.40 billion in 2Q, after registering a revised deficit … Continue reading

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USD/CHF: CHF trading higher, ahead of PMI data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9660. On Friday, Switzerland’s seasonally GDP unexpectedly rose 0.20% QoQ in Q2, after registering a 0.20% fall in Q1. Meanwhile, yesterday, … Continue reading

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USD/JPY: Yen trading higher, after August manufacturing PMI data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.01% against the JPY and closed at 121.21. Over the weekend, the preliminary industrial production in Japan unexpectedly eased 0.60% MoM in July, compared to a rise of … Continue reading

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GBP/USD: Pound trading higher, ahead of manufacturing PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.5351. On Friday, the country’s economy grew in the second quarter, highlighting the 10th quarter of positive gains. Over the weekend, … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.13% against the USD and closed at 1.1220, after preliminary consumer prices in Germany rose more than expected 0.2% YoY in August. Eurozone’s business climate indicator and the … Continue reading

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Trading Signals as per 31-August-2015

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9682 0.9592 GBP/USD SELL Active 1.5482 1.5362 USD/JPY BUY Active 120.48 121.38 USD/CAD SELL Active 1.3322 1.3212 AUD/USD BUY Active 0.7098 0.7168 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Crude oil prices gain further this morning from its sharp jump in the previous session

Crude Oil Movement Crude Oil prices advanced 8.09% against the USD for the 24 hour period ending 23:00GMT, closing at 42.50 and notching the biggest one-day climb in 6 years, as upbeat economic data from US and Japan raised the … Continue reading

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Silver: White metal reverses its gains this morning

Silver Movement Silver prices rose 2.80% to USD 14.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.47, with silver trading 0.17% lower from yesterday’s close. The pair is … Continue reading

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Gold: Gold trading extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1125.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1129.40, with gold trading 0.37% higher from … Continue reading

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AUD/USD: AUD extending its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.75% against the USD and closed at 0.7178. LME Copper prices rose 1.41% or $70.0/MT to $5029.0/MT. Aluminium prices rose 0.96% or $14.5/MT to $1528.0/MT. In the Asian … Continue reading

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USD/CAD: CAD trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CAD and closed at 1.3196. In the Asian session, at GMT0300, the pair is trading at 1.317, with the USD trading 0.2% lower from yesterday’s … Continue reading

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