Daily Archives: March 2, 2015

Trading Signals as per 02-March-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1128 1.1208 GBP/USD SELL Active 1.5452 1.5352 USD/JPY SELL Active 120.32 119.62 USD/CHF BUY Active 0.9498 0.9578 USD/CAD SELL Active 1.2562 1.2492 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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GBP/USD: Pound trading lower ahead of UK’s Markit manufacturing data

GBPUSD Movement On Friday, GBP marginally rose 0.18%against the USD and closed at 1.5438. In economic news, Lloyds business barometer in the UK recorded a drop to a reading of 45.00. In the prior month, it had recorded a reading … Continue reading

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Crude Oil: Oil trading higher this morning

Crude Oil Movement On Friday, Crude Oil prices advanced 0.96% against the USD for the period ending 21:00GMT, closing at 49.30, after the US annualized 4Q GDP expanded more than expected, thus increasing  demand outlook of the commodity from the … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement On Friday, Silver prices traded a tad lower to USD 16.59 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.735, with the silver trading 0.87% higher from Friday’s … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.21% against the USD in the period ending 21:00GMT, at 1212.40 per ounce, after the US economy in the fourth quarter registered a slower pace of expansion than earlier reported, thus … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.17% against the USD to close at 0.7812. LME Copper prices declined 0.93% or $55.0/MT to $5880.5/MT. Aluminium prices declined 0.22% or $4.0/MT to $1794.5/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s RBC manufacturing PMI data

USDCAD Movement On Friday, the USD traded marginally lower against the CAD to close at 1.2514. In the Asian session, at GMT0400, the pair is trading at 1.2506, with the USD trading 0.07% lower from Friday’s close. The pair is … Continue reading

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USD/CHF: Swiss Franc is trading lower ahead of Switzerland’s SVME PMI data

USDCHF Movement On Friday, the USD rose 0.22% against the CHF and closed at 0.9543, as the US annualized GDP advanced more than expected in 4Q 2014. In economic news, Switzerland’s KOF leading indicator dropped less than expected to a … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement On Friday, the USD strengthened 0.26% against the JPY and closed at 0.26%. The BoJ’s Deputy Governor, Governor Hiroshi Nakaso opined that Japan was back on a continued growth track and remained upbeat on achieving the central bank’s … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Markit manufacturing PMI data

EURUSD Movement On Friday, the EUR declined 0.06% against the USD and closed at 1.1188. The preliminary consumer price index in Germany rebounded more than expected by 0.9% MoM in February, against market expectations of 0.6% rise and following a … Continue reading

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