Daily Archives: March 5, 2015

Trading Signals as per 05-March-2015

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9608 0.9698 USD/JPY BUY Active 119.38 120.08 AUD/USD BUY Active 0.7768 0.7838 USD/CAD SELL Active 1.2492 1.2412 EUR/JPY BUY Active 131.58 132.68 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 2.08% against the USD for the 24 hour period ending 23:00GMT, closing at 51.61, after Saudi Arabia’s oil minister, Ali al-Naimi stated that he expects oil prices to stabilise with demand gradually rising, … Continue reading

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Silver: White metal reverses its losses this morning

Silver Movement Silver prices declined 0.46% to USD 16.23 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.25, with the silver trading 0.15% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1200.40 per ounce, after stronger than expected ISM non-manufacturing composite data in the US, dented the demand for the safe haven … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded marginally higher against the USD to close at 0.7819. LME Copper prices declined/rose 0.46% or $27.0/MT to $5882.0/MT. Aluminium prices rose 0.20% or $3.5/MT to $1787.0/MT. In the … Continue reading

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USD/CAD: The BoC kept its interest rate unchanged

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.2424. Yesterday, the BoC kept its interest rate steady at 0.75%. Additionally, the central bank in its monetary policy statement accompanying … Continue reading

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USD/CHF: Swiss franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9634. In the Asian session, at GMT0400, the pair is trading at 0.9651, with the USD trading 0.17% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 119.68. In the Asian session, at GMT0400, the pair is trading at 119.83, with the USD trading 0.12% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s crucial interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.62% against the USD and closed at 1.5269, following downbeat Markit services PMI data in the UK. Yesterday, Britain’s Markit services PMI unexpectedly dropped to a level of … Continue reading

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EUR/USD: Euro trading lower ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.85% against the USD and closed at 1.1084, following mixed economic data in the Euro-zone and Germany. Data showed that, retail sales in the Euro-Zone climbed 1.1% MoM … Continue reading

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