Monthly Archives: May 2013

USD/CAD: Loonie tracked the upward trend in oil prices, trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD to close at 1.0321. The Canadian Dollar registered gains in line with rise in crude oil prices. In the Asian session, at GMT0300, the pair … Continue reading

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USD/JPY: Yen moving northwards in the morning session

  For the 24 hours to 23:00 GMT, the USD weakened 0.74% against the JPY and closed at 102.42. According the Bank of Japan’s (BoJ) monthly economic survey released yesterday, Japan’s economy is expected to return to a moderate recovery … Continue reading

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GBP/USD: Pound gained as GDP data met market expectations; trading tad lower this morning

  For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5093, as the Gross Domestic Product (GDP) in UK rebounded from a 0.3% decline in Q42012 and registered a 0.3% rise in the … Continue reading

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EUR/USD: Euro advanced as risk appetite improved, trading lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.62% against the USD and closed at 1.2923, as risk appetite improved among investors following the release of upbeat US jobless and housing data. Moreover, positive Euro-zone PMI data also added … Continue reading

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Crude Oil: Trading lower this morning

  Crude Oil prices advanced 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 94.22, as encouraging US housing and employment data helped lift investor sentiment. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading

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Silver: Silver converging with its MA’s

  Silver prices rose 1.22% to the USD22.55 per ounce during the 24 hours ending 23:00GMT, in tandem with rise in gold. In the Asian session, at GMT0300, Silver is trading at 22.54, marginally lower from yesterday’s close. Silver is … Continue reading

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Gold: Yellow metal trading higher this morning

  Gold prices traded higher by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1390.51 per ounce. In the Asian session, at GMT0300, Gold is trading at 1394.10, 0.26% higher from yesterday’s close. Gold is expected … Continue reading

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Trading signals for Thursday 23-05-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,2875   Entry-Limit Sell 0,8545 Limit SELL 1,2915   Limit BUY 0,8505 … Continue reading

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USD/CHF: Swissy traded lower on SNB’s Chief comments

For the 24 hours to 23:00 GMT, the USD rose 1.11% against the CHF and closed at 0.9803. The Swiss Franc traded at a lowest level in two years after the Swiss National Bank (SNB) Chief, Thomas Jordan stated that, … Continue reading

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Crude Oil: Oil moving southwards in the Asian session

Crude Oil prices declined 1.79% against the USD for the 24 hour period ending 23:00GMT, closing at 93.99, as the EIA registered a smaller-than-expected drop in crude inventories. Yesterday, the US Energy Information Administration reported that crude supplies declined by … Continue reading

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Silver: White metal retreated after FOMC minutes

Silver prices declined 0.60% to the USD22.28 per ounce during the 24 hours ending 23:00GMT, following the release of FOMC minutes that revealed that “a number” of officials were open to tapering large-scale asset purchases as early as the June … Continue reading

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