Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1164.90 per ounce, amid growing speculations that Greece would strike a deal with its creditors. However, losses in gold prices were … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australian retail sales missed market forecasts

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded marginally higher against the USD to close at 0.7637 LME Copper prices rose 0.10% or $5.5/MT to $5761.0/MT. Aluminium prices rose 1.62% or $27.0/MT to $1693.0/MT. In the … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2542. The CAD gained ground, as Canada’s RBC manufacturing PMI bounced back to expansion territory after it registered a level of … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 0.9430, as the US non-farm payrolls figure disappointed in June. In the Asian session, at GMT0300, the pair is trading at … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s services sector remained in positive territory for the third consecutive month.

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 123.06, after non-farm payrolls in the US increased less than anticipated in June. In the Asian session, at GMT0300, the pair … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading a tad higher ahead of UK’s services PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP remained flat against the USD and closed at 1.5609. In economic news, the construction activity in Britain expanded at its fastest rate in four months in June, indicating that … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading marginally higher ahead of the Euro-zone’s services PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.42% against the USD and closed at 1.1089. In economic news, the Euro-zone’s producer price index remained flat on a monthly basis in May, compared to a fall … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 2-July-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5662 1.5552 USD/CHF BUY Active 0.9418 0.9518 USD/JPY BUY Active 122.98 123.68 AUD/USD SELL Active 0.7652 0.7582 GBP/CHF SELL Active 1.4882 1.4682 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

Posted in Trading Signals | Leave a comment

EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.80% against the USD and closed at 1.1042, following soft manufacturing PMI data across the Euro-zone. Data released showed that the final manufacturing PMI in Germany and France … Continue reading

Posted in EUR/USD | Comments Off

AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.75% against the USD to close at 0.7635. LME Copper prices rose 0.60% or $34.5/MT to $5755.5/MT. Aluminium prices rose 1.18% or $19.5/MT to $1666.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 4.22% against the USD for the 24 hour period ending 23:00GMT, closing at 56.96, after the Energy Information Administration (EIA) disclosed that US crude oil inventories increased for the first time in the … Continue reading

Posted in Crude Oil | Comments Off