Daily Archives: October 13, 2014

Trading Signals as per 13-October-2014

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9488 0.9568 EUR/USD SELL Active 1.2722 1.2622 USD/JPY BUY Active 106.88 107.68 AUD/USD BUY Active 0.8658 0.8758 EUR/CHF BUY Active 1.2030 1.2123 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 On Friday, Crude Oil prices advanced 0.99% against the USD for the period ending 21:00GMT, closing at 85.33. On Sunday, the Kuwait oil minister Ali al-Omair stated that the Organization of Petroleum Exporting Countries would refrain from … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement On Friday, Silver prices rose 0.12% to USD 17.38 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.505, with the silver trading 0.75% higher from Friday’s close. The … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.11% against the USD in the period ending 21:00GMT, at 1223.50 per ounce, amid a broad strength in the greenback. Meanwhile, holdings in SPDR Gold Trust declined 2.64 tonnes to 759.44 … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement On Friday, the AUD weakened 0.89% against the USD to close at 0.8684. LME Copper prices declined 1.03% or $70.0/MT to $6697.0/MT. Aluminium prices declined 1.69% or $32.5/MT to $1891.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Canada’s unemployment rate fell to a 6-year low

USDCAD Movement On Friday, the USD rose 0.23% against the CAD to close at 1.1212. In economic news, Canada’s unemployment rate unexpectedly dropped to 6.8% in September, registering its lowest level in nearly six years, compared to a level of … Continue reading

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

USDCHF Movement On Friday, the USD rose 0.41% against the CHF and closed at 0.9585. In the Asian session, at GMT0300, the pair is trading at 0.9524, with the USD trading 0.64% lower from Friday’s close. The pair is expected … Continue reading

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USD/JPY: Weaker Japanese Yen is beneficial for the economy, BoJ’s Kuroda

USDJPY Movement On Friday, the USD weakened 0.18% against the JPY and closed at 107.72. On the macro front, the consumer confidence index in Japan surprisingly eased to a level of 39.9 in September, lower than market expectations of a … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, GBP marginally declined 0.37% against the USD and closed at 1.6059, after Britain’s construction output unexpectedly declined 0.3% on an annual basis in August, less than market expectations for a rise of 2.9% and compared to … Continue reading

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EUR/USD: Euro trading on a stronger footing this morning

EURUSD Movement On Friday, EUR declined 0.56% against the USD and closed at 1.2613, extending its previous session losses. On the macro front, manufacturing production in France unexpectedly registered a drop of 0.2% on a monthly basis in August, compared … Continue reading

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