USD/CAD: Canada’s existing home sales declined on a monthly basis in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.08% against the CAD to close at 1.4511. The Canadian dollar lost ground after existing home sales in Canada fell 0.6% MoM in December, following a 1.8% rise … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CHF and closed at 0.9980. In the Asian session, at GMT03400, the pair is trading at 1.0051, with the USD trading 0.71% higher from Friday’s … Continue reading

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USD/JPY: Japan’s final industrial production fell on a monthly basis in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.20% against the JPY and closed at 116.73. In the Asian session, at GMT0400, the pair is trading at 117.27, with the USD trading 0.46% higher from Friday’s … Continue reading

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GBP/USD: UK’s Rightmove house price index advanced on a monthly basis in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.94% against the USD and closed at 1.4280, following the release of dismal UK construction output data. Data showed that seasonally adjusted construction output in the UK surprisingly … Continue reading

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EUR/USD: Euro trading on a weaker footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.0956. In economic news, the Euro-zone’s seasonally adjusted trade balance rose more than expected to a level of €22.7 billion in … Continue reading

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Trading Signals as per 15-January-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0952 1.0832 GBP/USD BUY Active 1.4308 1.4418 USD/JPY BUY Active 117.18 118.28 USD/CAD BUY Active 1.4398 1.4508 NZD/USD SELL Active 0.6483 0.6398 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.63% against the USD and closed at 31.13, as strong performance in Chinese markets gave investors hope that demand will keep growing from the nation, the second … Continue reading

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Silver: White metal trading flat this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.16% against the USD and closed at 13.85, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 13.84, with the silver trading … Continue reading

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Gold: Yellow metal trading on a stronger footing in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.31% against the USD and closed at 1078.80, as a stronger dollar and a rebound in US stock market reduced demand for the precious yellow metal. In the Asian … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.44% against the USD and closed at 0.6990. LME Copper prices declined 0.33% or $14.5/MT to $4365.5/MT. Aluminium prices rose 1.72% or $25.0/MT to $1478.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s existing homes sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.4356. In economic news, Canada’s new housing price index rose by 0.2% MoM in November, in line with market expectation, following … Continue reading

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