Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement On Friday, Crude Oil prices declined 0.43% against the USD for the period ending 21:00GMT, closing at 50.80, on continued fears of an oversupply, once Iran ramps up its production and starts shipping it to the global … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement On Friday, Silver prices declined 0.77% to USD 14.86 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.57, with the silver trading 1.88% … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.97% against the USD in the period ending 21:00GMT, at 1132.70 per ounce, following upbeat economic releases in the US, thus bolstering the chances of a rate hike by the Fed … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement On Friday, the AUD weakened 0.39% against the USD to close at 0.7381. LME Copper prices declined 1.18% or $65.0/MT to $5465.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1663.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.2988. In economic news, consumer prices in Canada rose 0.2% MoM in June, at par with market expectations and following a 0.6% increase recorded in May. … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement On Friday, the USD rose 0.39% against the CHF and closed at 0.39%. In the Asian session, at GMT0300, the pair is trading at 0.9630, with the USD trading 0.19% higher from Friday’s close. The pair is expected … Continue reading

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GBP/USD: Pound trading on a weaker footing in the Asian session

GBPUSD Movement On Friday, the GBP marginally declined against the USD and closed at 1.5605, surrendering its earlier session gains. In the Asian session, at GMT0300, the pair is trading at 1.5585, with the GBP trading 0.13% lower from Friday’s … Continue reading

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Trading Signals as per 17-July-2015

Pair Action Status Stop Loss Take Profit AUD/USD BUY Active 0.7358 0.7428 EUR/JPY BUY Active 134.38 135.28 GBP/CHF SELL Active 1.5072 1.4922 USD/JPY SELL Active 124.52 123.82 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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EUR/USD: The ECB boosted emergency funding to Greek banks

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.70% against the USD and closed at 1.0880. Yesterday, the ECB increased its emergency lending to the Greek bank by €900 million over one week. The decision came … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 1.32% against the USD for the 24 hour period ending 23:00GMT, closing at 51.02, extending its earlier session losses, as fears of fresh crude-oil glut continued to hit the commodity’s price. In the … Continue reading

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Silver: White metal trading slightly higher this morning

Silver Movement Silver prices declined 0.63% to USD 14.97 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.97, with the silver trading marginally higher … Continue reading

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