USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9775. Yesterday, a leading rating agency downgraded its economic growth forecast for Switzerland and expected the economy to grow 0.7% in … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 120.07. In the Asian session, at GMT0300, the pair is trading at 119.88, with the USD trading 0.15% lower from yesterday’s … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.21% against the USD and closed at 1.4670. In the Asian session, at GMT0300, the pair is trading at 1.4675, with the GBP trading marginally higher from yesterday’s … Continue reading

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Trading Signals as per 13-April-2015

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9882 0.9802 GBP/USD BUY Active 1.4508 1.4638 USD/CAD SELL Active 1.2682 1.2602 USD/JPY SELL Active 120.82 120.12 NZD/USD BUY Active 0.7398 0.7478 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement On Friday, Crude Oil prices advanced 1.91% against the USD for the period ending 21:00GMT, closing at 51.71, on news of declining US drilling activity and after abating concerns over Iran’s oil flooding an already oversupplied market … Continue reading

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Silver: White metal trading lower this morning

Silver Movement On Friday, Silver prices rose 1.92% to USD 16.47 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.39, with the silver trading 0.43% … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement On Friday, Gold prices traded higher by 1.16% against the USD in the period ending 21:00GMT, at 1207.90 per ounce, rebounding from its previous session losses. Meanwhile, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, … Continue reading

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AUD/USD: Aussie extends its losses this morning

AUDUSD Movement On Friday, the AUD weakened 0.19% against the USD to close at 0.7681. LME Copper prices rose 0.08% or $5.0/MT to $6055.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1773.0/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 traded marginally lower against the CAD to close at 1.2584. The CAD gained ground, after Canada’s jobs data surprised on the upside in March. Data indicated that unemployment rate in Canada unexpectedly remained flat … Continue reading

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

USDCHF Movement On Friday, the USD rose 0.23% against the CHF and closed at 0.9790. In economic news, Switzerland’s unemployment rate fell to 3.4% in March, in line with market expectations and following a level of 3.5% registered in the … Continue reading

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USD/JPY: The BoJ minutes showed optimism in the BoJ’s easing

USDJPY Movement On Friday, the USD weakened 0.28% against the JPY and closed at 120.21. In the Asian session, at GMT0300, the pair is trading at 120.34, with the USD trading 0.11% higher from Friday’s close. Overnight data showed that … Continue reading

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