AUD/USD: The RBA kept interest rates on hold

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.45% against the USD to close at 0.7276. LME Copper prices declined 0.83% or $43.5/MT to $5176.5/MT. Aluminium prices declined 1.88% or $30.0/MT to $1564.0/MT. In the Asian … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5587. In economic news, the manufacturing PMI rose to a level of 51.90 in July, beating market expectations of a rise … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement Crude Oil prices declined 2.93% against the USD for the 24 hour period ending 23:00GMT, closing at 45.36, on demand growth concerns, after manufacturing activity in China, the world’s second biggest consumer of oil, slowed down to … Continue reading

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Silver: White metal trading lower this morning

Silver Movement Silver prices declined 1.93% to USD 14.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.415, with the silver trading 0.24% lower from yesterday’s close. The pair … Continue reading

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Gold: Gold extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1084.80 per ounce, as the greenback strengthened against its peers. Additionally, the timing of a hike in the US interest rates … Continue reading

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USD/CAD: Loonie extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.3155. In the Asian session, at GMT0300, the pair is trading at 1.3172, with the USD trading 0.13% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading marginally lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9691. The Swiss Franc lost ground, after the nation’s SVME PMI unexpectedly entered into contraction territory by dropping to a level … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 123.99. In the Asian session, at GMT0300, the pair is trading at 124.08, with the USD trading 0.07% higher from … Continue reading

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Trading Signals as per 03-August-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0878 1.1008 USD/CHF SELL Active 0.9742 0.9642 USD/CAD SELL Active 1.3212 1.3102 EUR/JPY BUY Active 135.48 136.68 NZD/USD BUY Active 0.6528 0.6628 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 lower ahead of the Euro-zone’s manufacturing PMI data

EURUSD Movement On Friday, the EUR rose 0.45% against the USD and closed at 1.0983. In economic news, the Euro-zone’s CPI estimate rose 0.2% YoY in July, at par with market expectations. Meanwhile, the region’s unemployment rate unexpectedly remained unchanged … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 3.38% against the USD for the period ending 21:00GMT, closing at 46.90, as concerns of global supply outweighing demand continued to drive the oil prices lower. In the Asian session, at … Continue reading

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