GBP/USD: Pound trading higher this morning, ahead of Nationwide housing prices data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.40% against the USD and closed at 1.5476, despite positive macroeconomic data from the UK. July mortgage approvals in the UK rose to its highest level since February … 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 declined 1.69% against the USD and closed at 1.1334. ECB’s chief economist and executive board member, Peter Praet, cautioned that drop in commodity prices and slowdown in Chinese economy … Continue reading

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Crude Oil: Crude oil prices trading higher in this morning

Crude Oil Movement Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 39.32. Meanwhile, EIA reported a fall of 5.5 million barrels in its US crude oil stock for the week ended … Continue reading

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Trading Signals as per 26-August-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5782 1.5652 USD/CAD BUY Active 1.3208 1.3358 GBP/CHF BUY Active 1.4648 1.4948 NZD/USD BUY Active 0.6428 0.6538 EUR/JPY SELL Active 138.52 136.62 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 trading lower, ahead of EIA data

Crude Oil Movement Crude Oil prices advanced 3.03% against the USD for the 24 hour period ending 23:00GMT, closing at 39.50, after the American Petroleum Institute (API) reported a more than expected fall in the crude oil inventories in the … Continue reading

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Silver: Silver trading lower this morning

Silver Movement Silver prices declined 0.78% to USD 14.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.60, with silver trading 0.58% lower from yesterday’s close. The pair is … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 0.88% against the USD in the 24 hour period ending 23:00GMT, at 1142.50 per ounce, as the global equity markets stabilised after PBoC cut its benchmark interest rate by 25 basis points to … Continue reading

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AUD/USD: AUD trading higher this morning, after China cut its interest rate

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.33% against the USD and closed at 0.7126. LME Copper prices rose 2.95% or $144.0/MT to $5032.0/MT. Aluminium prices rose 2.73% or $40.5/MT to $1526.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian Dollar trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.3331. In the Asian session, at GMT0300, the pair is trading at 1.332, with the USD trading 0.08% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of UBS consumption indicator

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.88% against the CHF and closed at 0.9396. In economic news, the number of people employed in Switzerland stood at 4.24 million in 2Q 2015, higher than Q1’s … Continue reading

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USD/JPY: Yen trading lower, despite July corporate service price index rising more than expected

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the JPY and closed at 118.93. In the Asian session, at GMT0300, the pair is trading at 119.13, with the USD trading 0.17% higher from yesterday’s … Continue reading

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