USD/CHF: CHF reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.35% against the CHF and closed at 0.9752. The Swiss Franc gained ground after the nation’s economic expectations index gave a positive reading and surged to 5.90 in … Continue reading

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USD/JPY: Yen trading lower, after June’s machinery orders tumbled

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.68% against the JPY and closed at 124.21. In the Asian session, at GMT0300, the pair is trading at 124.43, with the USD trading 0.18% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading slightly higher, after UK housing prices rose in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.5617, after the UK’s ILO unemployment rate remained unchanged at 5.60% in the April-June 2015 period, in line with market expectations. … Continue reading

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EUR/USD: Euro trading lower, ahead of the German CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.01% against the USD and closed at 1.1157, extending its previous session gains, after Greece and its creditors agreed on a bail-out deal worth €85 billion. In other … Continue reading

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Trading Signals as per 12-August-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5632 1.5538 AUD/USD SELL Active 0.7322 0.7222 GBP/CHF SELL Active 1.5422 1.5202 NZD/USD SELL Active 0.6632 0.6532 EUR/JPY BUY Active 137.88 139.08 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 extends its losses after China’s currency devaluation

Crude Oil Movement Crude Oil prices declined 3.26% against the USD for the 24 hour period ending 23:00GMT, closing at 43.34 following OPEC’s statement that its members continued to increase its supplies. Additionally, OPEC also raised its projection of non-member … Continue reading

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Silver: Silver reverses its gains in the Asian session

Silver Movement Silver prices rose 0.20% to USD 15.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.14, with the silver trading 1.01% lower from yesterday’s close. The pair … Continue reading

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Gold: Gold extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1108.10 per ounce. In the Asian session, at GMT0300, the pair is trading at 1110.00, with the gold trading 0.17% higher … Continue reading

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AUD/USD: AUS extends its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.31% against the USD to close at 0.7316. LME Copper prices declined 0.19% or $6.0/MT to $1547.0/MT. Aluminium prices declined 0.19% or $10.0/MT to $5140.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3101. The seasonally adjusted housing starts in Canada dropped more than expected to 193.00 K in July and notched its first … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CHF and closed at 0.9885. In the Asian session, at GMT0300, the pair is trading at 0.9867, with the USD trading 0.18% lower from yesterday’s … Continue reading

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