Silver: White metal is trading lower in the Asian session

Silver Movement Silver prices rose 0.46% to USD 15.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.23, with the silver trading 0.23% lower from yesterday’s close. The pair … Continue reading

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Gold: Gold is trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1116.40 per ounce. PboC resumed its efforts to stabilize the Yuan, a week after it fell to its lowest level in … Continue reading

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AUD/USD: AUD trading higher, ahead of July Westpac leading index data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened marginally against the USD to close at 0.7371. LME Copper prices declined 1.07% or $55.0/MT to $5101.0/MT. Aluminium prices declined 1.10% or $17.0/MT to $1523.5/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 marginally against the CAD to close at 1.3096. In the Asian session, at GMT0300, the pair is trading at 1.3095, with the USD trading slightly lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9786, after Swiss real retail sales dropped or the second straight month in June, falling 0.90% YoY, after registering a revised … Continue reading

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USD/JPY: Yen trading a tad lower ahead of July adjusted merchandise trade balance data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 124.43. In the Asian session, at GMT0300, the pair is trading at 124.44, with the USD trading marginally higher from yesterday’s … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1075, despite a rise in the seasonally adjusted trade surplus in the Eurozone to €21.90 billion in June, following a revised … Continue reading

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Trading Signals as per 17-August-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1008 1.1098 USD/CHF BUY Active 0.9718 0.9788 GBP/USD SELL Active 1.5712 1.5632 USD/JPY BUY Active 124.08 124.78 USD/CAD SELL Active 1.3182 1.3112 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 trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices advanced 0.45% against the USD for the period ending 21:00GMT, closing at 42.11, as industrial production in the US, the world’s biggest consumer of oil increased more than expected, thus raising the … Continue reading

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Silver: White metal reverses its losses this morning

Silver Movement On Friday, Silver prices declined 1.17% to USD 15.19 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.23, with the silver trading 0.3% higher from Friday’s close. The … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1114.70 per ounce, on the back of mixed economic data from the US. Separately, gold holdings in the SPDR Gold Trust remained … Continue reading

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