Crude Oil: Crude oil trading extends its losses in the Asian session, amid strongest build in US stockpiles in 4 months

Crude Oil Movement Crude Oil prices declined 4.06% against the USD for the 24 hour period ending 23:00GMT, closing at 40.65, after the EIA reported that the US crude oil inventories rose 2.6 million, the highest since April, for the … Continue reading

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Silver: Silver trading higher in the Asian session

Silver Movement Silver prices rose 2.99% to USD 15.31 per ounce during the 24 hours ending 23:00GMT, tracking gains in the gold prices. In the Asian session, at GMT0300, the pair is trading at 15.38, with silver trading 0.46% higher … Continue reading

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Gold: Gold extends its gains in the Asian session

Gold Movement Gold prices traded higher by 1.37% against the USD in the 24 hour period ending 23:00GMT, at 1132.20 per ounce, as Fed’s minutes for July policy meeting highlighted a less probability of rate hike in September Fed meeting. … Continue reading

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AUD/USD: AUD trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.22% against the USD to close at 0.7352. LME Copper prices rose 0.12% or $6.0/MT to $5006.5/MT. Aluminium prices declined 0.65% or $10.0/MT to $1522.0/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 rose 0.51% against the CAD to close at 1.3126. In the Asian session, at GMT0300, the pair is trading at 1.3114, with the USD trading 0.09% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of July trade balance data.

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.25% against the CHF and closed at 0.9654. In the Asian session, at GMT0300, the pair is trading at 0.9661, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/JPY: Yen trading flat in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.39% against the JPY and closed at 123.90. In the Asian session, at GMT0300, the pair is trading at 123.90, with the USD trading flat from yesterday’s close. … Continue reading

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GBP/USD: Sterling trading lower, ahead of retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.5683. In the Asian session, at GMT0300, the pair is trading at 1.5677, with the GBP trading marginally lower from yesterday’s … 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 rose 0.85% against the USD and closed at 1.1121, after the current account surplus for Italy and Eurozone widened in June. The greenback weakened after the consumer prices rose … Continue reading

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Trading Signals as per 19-August-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1092 1.1022 GBP/USD BUY Active 1.5588 1.5708 AUD/USD SELL Active 0.7402 0.7332 EUR/JPY SELL Active 137.92 137.12 NZD/USD BUY Active 0.6538 0.6608 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.43% against the USD and closed at 1.1028, extending its previous session losses. In the US, building permits dipped more than expected on a monthly basis in July, … Continue reading

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