Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 0.41% against the USD for the period ending 21:00GMT, closing at 92.64. In the Asian session, at GMT0300, the pair is trading at 92.13, with the oil trading 0.55% lower from … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement On Friday, Silver prices declined 3.62% to USD 17.86 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.495, with the silver trading 2.02% … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.73% against the USD in the period ending 21:00GMT, at 1217.10 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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AUD/USD: Aussie trading higher, ahead of ANZ consumer confidence data

AUDUSD Movement On Friday, the AUD weakened 0.60% against the USD to close at 0.8930. LME Copper prices declined 0.74% or $51.5/MT to $6868.5/MT. Aluminium prices declined 0.03% or $0.5/MT to $1949.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement On Friday, the USD traded tad higher against the CAD to close at 1.0950. In economic news, the core Consumer Price Index in Canada advanced 0.5%, on a monthly basis, in August, exceeding market expectations for 0.2% gain … Continue reading

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

USDCHF Movement On Friday, the USD rose 0.65% against the CHF and closed at 0.9405. In the Asian session, at GMT0300, the pair is trading at 0.9384, with the USD trading 0.22% lower from Friday’s close. The pair is expected … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement On Friday, the USD strengthened 0.17% against the JPY and closed at 108.93. The Japanese currency came under pressure after Japan’s leading index registered a level of 105.4 in July, down from previous month’s 106.5. Meanwhile, the nation’s … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement On Friday, GBP declined 0.82% against the USD and closed at 1.6299. In a historic event, Scotland rejected independence and voted to remain in the UK. Separately, global rating agency, Moody’s confirmed its “Aa1” rating for the UK, … Continue reading

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EUR/USD: Euro reverses its losses this morning

EURUSD Movement On Friday, EUR declined 0.63% against the USD and closed at 1.2836. In economic news, the seasonally adjusted current account surplus in the Euro-zone marginally widened to €18.7 billion in July, compared to a revised surplus of 18.6 … Continue reading

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Trading Signals as per 19-September-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2942 1.2852 USD/JPY BUY Active 108.58 109.38 GBP/CHF SELL Active 1.5582 1.5292 AUD/USD BUY Active 0.8908 0.8988 EUR/CHF BUY Active 1.1990 1.2130 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 below its MA’s

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 93.02, after a report from the OPEC revealed that it might not cut its production target, despite the market already … Continue reading

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