AUD/USD: Aussie reverses its gains this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.7677. LME Copper prices rose 0.63% or $36.0/MT to $5767.0/MT. Aluminium prices declined 1.56% or $26.0/MT to $1642.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.2404. In economic news, the raw materials price index in Canada rose less than expected by 4.4% on a monthly basis … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.32% against the CHF and closed at 0.9258. Yesterday, the SNB Chairman, Thomas Jordan, mentioned that the central bank intervened in the currency markets in a bid to … Continue reading

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GBP/USD: Pound trading a tad lower ahead of Britain’s Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.5731. On the macro front, number of mortgage approvals in the UK for house purchases eased unexpectedly to a level of … Continue reading

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Trading Signals as per 29-June-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1192 1.1012 USD/CHF SELL Active 0.9452 0.9332 GBP/USD BUY Active 1.5628 1.5748 USD/CAD SELL Active 1.2382 1.2302 NZD/USD BUY Active 0.6778 0.6848 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement On Friday, the AUD weakened 1.07% against the USD to close at 0.7655. LME Copper prices rose 0.27% or $15.5/MT to $5731.0/MT. Aluminium prices declined 0.18% or $3.0/MT to $1668.0/MT. In the Asian session, at GMT0300, the pair … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 0.08% against the USD for the period ending 21:00GMT, closing at 59.62. In the Asian session, at GMT0300, the pair is trading at 58.76, with the oil trading 1.44% lower from … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement On Friday, Silver prices declined 0.60% to USD 15.78 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.865, with the silver trading 0.57% higher from Friday’s close. The … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.08% against the USD in the period ending 21:00GMT, at 1174.00 per ounce. However, over the weekend, gold prices found support, after the bailout talks between Greece and its creditors collapsed … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement On Friday, the USD declined 0.13% against the CAD to close at 1.2315. In the Asian session, at GMT0300, the pair is trading at 1.2339, with the USD trading 0.19% higher from Friday’s close. The pair is expected … Continue reading

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USD/CHF; Swiss Franc trading on a weaker footing this morning

USDCHF Movement On Friday, the USD declined 0.29% against the CHF and closed at 0.9340. In the Asian session, at GMT0300, the pair is trading at 0.9383, with the USD trading 0.46% higher from Friday’s close. The pair is expected … Continue reading

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