Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1198.20 per ounce. Losses in yellow metal were kept in check, following weak initial jobless claims data in the US. Meanwhile, … 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 1.46% against the USD to close at 0.7793. LME Copper prices rose 2.25% or $133.5/MT to $6054.0/MT. Aluminium prices rose 2.54% or $46.0/MT to $1857.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2198, amid weak US data releases. In the Asian session, at GMT0300, the pair is trading at 1.2194, with the USD … Continue reading

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USD/CHF: Swiss Franc trading weaker ahead of Switzerland’s real retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.90% against the CHF and closed at 0.9560, on the back of an unexpected increase in the US initial jobless claims data. In economic news, the producer and … 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 weakened 0.13% against the JPY and closed at 119.01. Yesterday, data showed that Tokyo condominium sales fell 4.00% in Japan on an annual basis, in March. In the previous … Continue reading

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GBP/USD: Pound trading marginally lower ahead of UK’s ILO jobless rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4934, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1.4929, with the GBP … Continue reading

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Trading Signals as per 16-April-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0528 1.0708 USD/CHF SELL Active 0.9722 0.9592 GBP/USD SELL Active 1.4942 1.4772 USD/CAD BUY Active 1.2188 1.2338 AUD/USD BUY Active 0.7668 0.7788 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 higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.0676. Yesterday, the ECB, in its policy meeting, decided to hold interest rates steady at 0.05%, in line with market estimates. … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement Crude Oil prices advanced 4.71% against the USD for the 24 hour period ending 23:00GMT, closing at 56.05, after the International Energy Agency (IEA) revised upward its demand growth estimate for 2015 by 90,000 barrels a day … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices rose 1.05% to USD 16.31 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 16.39, with the silver trading 0.52% higher … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1203.10 per ounce, amid a broad weakness in the greenback on the back of downbeat industrial production data in the US, … Continue reading

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