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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 1.2018, after the US annualized GDP rose less than expected in the first quarter of 2015. On the macro front, industrial … Continue reading

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USD/CHF: Swiss Franc trading marginally lower ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.67% against the CHF and closed at 0.9399, on the back of downbeat annualized GDP data in the US. The Swiss Franc gained ground, after Switzerland’s UBS consumption … Continue reading

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USD/JPY: The BoJ kept its monetary policy steady

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 119.03. In the Asian session, at GMT0300, the pair is trading at 118.8, with the USD trading 0.19% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading flat this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.5428. In the Asian session, at GMT0300, the pair is trading at 1.5428, with the GBP trading flat from yesterday’s close. … Continue reading

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Trading Signals as per 29-April-2015

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.8052 0.7962 EUR/JPY SELL Active 131.92 130.82 NZD/USD BUY Active 0.7638 0.7738 GBP/CHF BUY Active 1.4558 1.4758 USD/CHF BUY Active 0.9498 0.9608 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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EUR/USD: Euro trading a tad lower ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.88% against the USD and closed at 1.0973. The greenback lost ground, after the US consumer confidence unexpectedly slumped to 95.2 in April, following a revised reading of … Continue reading

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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices advanced 0.32% against the USD for the 24 hour period ending 23:00GMT, closing at 56.92. Gains in oil prices were kept in check, after the American Petroleum Institute (API) reported that US crude inventories … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 1.22% to USD 16.61 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.565, with the silver trading 0.27% lower … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1211.30 per ounce, ahead of the Fed’s announcement on its latest monetary policy. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian Session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.99% against the USD to close at 0.8013, extending its previous session gains. LME Copper prices rose 0.49% or $29.5/MT to $6090.5/MT. Aluminium prices rose 2.22% or $40.5/MT … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD to close at 1.2031. In the Asian session, at GMT0300, the pair is trading at 1.2039, with the USD trading 0.07% higher from yesterday’s … Continue reading

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