Aussie Trade Balance / RBA Statement

August 5, 2014 The Trade Balance came out better than expected: -1.683B -1.900B -2.043B No serious reaction. As expected rates unchanged by the RBA at 2.5%. Some small movement in #AUDUSD currently at 0.9328, personal long term view that #AUD will weaken as #USD strengthens.

US data

August 1, 2014 Non-farm payroll was expected to be 233k and the actual was much lower, 209k Unemployment rate was expected to be 6.1% the actual figure is 6.2%

XAU/USD Update – 1/8/14

August 1, 2014 1/8/14 (11.45am) Good Morning traders. Gold ended down on the month as the initial rally faded after the bulls ran out of steam near the $1340 resistance level. It traded as high as $1344.92 on 10th July but the market entered in a downward phase afterwards. Its currently stuck to a six-week low this morning trading at… View Article

Nice channel for GBPCHF

July 31, 2014 Good day traders, I hope you are well and profited from our ideas this week. As we mentioned two weeks ago, we bought GBPCHF and we got around 140 pips profit. This week again we are looking to buy more of this pair and put a tight stop loss just below the channel showing on the… View Article