Daily Archives: September 24, 2012

Trading signals for Monday 24-09-2012

Forex, Commodities and Index signals for Monday 24-09-2012 11:00 GMT Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Crude oil plunged this morning

On Friday, Crude Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 93.11. The American Petroleum Institute (API), in its monthly report, stated that the overall petroleum demand from the US continued to … Continue reading

Posted in Crude Oil | Leave a comment

Gold: Yellow metal trading lower in the Asian session as fresh European concerns spark profit taking

On Friday Gold prices traded higher by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1773.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1759.75, 0.78% lower from Friday’s close, as speculations … Continue reading

Posted in Gold | Leave a comment

Silver: Trading below its MA’s

On Friday, Silver prices declined 0.12% to the USD 34.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.92, 1.84% lower from Friday’s close. Silver is expected to find support … Continue reading

Posted in Silver | Leave a comment

AUD/USD: Aussie losing ground this morning amid European stalemate

For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.06% against the USD to close at 1.0443. LME Copper prices rose 1.0% or $80.8/MT to $8281.8/MT. Aluminium prices declined 0.1% or $2.3/MT to $ 2093.3/MT. In the … Continue reading

Posted in AUD/USD | Leave a comment

USD/CAD: Canadian Dollar trading lower today morning on European policy snag

For the 24 hours to 23:00 GMT on Friday, the USD rose 0.05% against the CAD to close at 0.9769. On the economic front, Canadian wholesale sales unexpectedly fell 0.6% (MoM) in July, against the market expectation for 0.2% fall. … Continue reading

Posted in USD/CAD | Leave a comment

USD/CHF: Dollar continues its gain against Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT on Friday, the USD rose marginally against the CHF and closed at 0.9329. In Switzerland, the M3 money supply rose 8.5% (YoY) in September, compared to a 9.5% rise in August. In the … Continue reading

Posted in USD/CHF | Leave a comment

USD/JPY: Japan’s economic activity has started to pick up: BoJ minutes

For the 24 hours to 23:00 GMT on Friday, the USD weakened 0.19% against the JPY and closed at 78.13. In the Asian session, at GMT0300, the pair is trading at 78.10, with the USD trading marginally lower from Friday’s … Continue reading

Posted in USD/JPY | Leave a comment

GBP/USD: Marching southwards in the Asian session

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.19% against the USD and closed at 1.6249. In economic news, on a seasonally adjusted basis, public sector net borrowing (PSNB) in the UK rose less-than-expected to £12.4 billion … Continue reading

Posted in GBP/USD | Leave a comment

EUR/USD: Euro trading lower amid Merkel/Hollande disagreement over banking union

For the 24 hours to 23:00 GMT on Friday, EUR rose 0.05% against the USD and closed at 1.2982. On Friday, the German Finance Minister, Wolfgang Schaeublem, stated that the Spain does not need a European bailout citing the nation … Continue reading

Posted in EUR/USD | Leave a comment