FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,2812   Entry-Limit Sell 0,8626 Limit SELL 1,2852   Limit BUY 0,8586 … Continue reading →

  Crude Oil prices advanced 1.36% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82, on hopes of recovery in the US economy following upbeat US macro economic data. In the Asian session, at GMT0300, Crude … Continue reading →

  Crude Oil prices advanced 2.44% against the USD for the 24 hour period ending 23:00GMT, closing at 88.26, on reducing demand prospects for the fuel after the US and the UK posted weaker economic data. Also, speculation rose that … Continue reading →

  On Friday, Crude Oil prices advanced 0.19% against the USD for the period ending 21:00GMT, closing at 93.45, as investor sentiment was buoyed by upbeat core consumer sentiment and industrial production data in the US. In the Asian session, … Continue reading →

For the 24 hours to 23:00 GMT, EUR declined 1.03% against the USD and closed at 1.3383, after European Central Bank (ECB) President, Mario Draghi stated that the ECB is keeping a watchful eye on the Euro’s recent strength for … Continue reading →

  Silver prices rose marginally to the USD32.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.04, 0.57% lower from yesterday’s close. Silver is expected to find support at 31.88, … Continue reading →

For the second day running, Australian dollar bulls were temporarily knocked back by weaker than expected domestic data, with a 15.4k decline in employment and an uptick in the unemployment rate to 5.2% in February, coming on the heels of weak Q4 GDP data yesterday. The market spotlight now shifts to the upcoming policy decisions from the BoE, ECB and Bank of Canada. Continue reading →

AUD was the stand-out performer overnight, breaking through 1.08 as the RBA surprised investors and left its cash rate on hold at 4.25%. There was a unanimous consensus for a 25bp cut so the move was very surprising. The board noted that policy was appropriate ‘for the moment’. This suggests the bank still has an easing bias and will ‘adjust the cash rate as necessary to foster sustainable growth and low inflation’. Continue reading →

For the 24 hours to 23:00 GMT, EUR rose 0.86% against the USD and closed at 1.2969, as investor sentiment was lifted after the successful bond auction in Spain and France. France raised €9.463 billion by selling its medium and … Continue reading →