Monthly Archives: December 2013

AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.10% against the USD to close at 0.8931. LME Copper prices declined 0.2% or $13.5/MT to $ 7251.0/MT. Aluminium prices declined 1.2% or $21.0/MT to $ 1718.0/MT. In the … Continue reading

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USD/CAD: Canadian GDP beats estimates in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD to close at 1.0616. The Canadian Dollar traded broadly higher yesterday, after data indicated that the Canadian economy grew 0.3% in October, the fourth … Continue reading

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USD/CHF: Swiss UBS Consumption Indicator improves in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.8937. The Swiss Franc gained momentum after data indicated that the consumption indicator in Switzerland rose to a level of 1.43 … Continue reading

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USD/JPY: Japan’s economy is recovering moderately, indicates BoJ

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.14% against the JPY and closed at 104.18, as positive data from the US indicated that the US economic recovery is continuing to gain traction. In the Asian … Continue reading

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EUR/USD: Tapering was right decision, says Fed’s Lacker

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.15% against the USD and closed at 1.3698. On the macro front, the import price index in Germany rose 0.1% on a monthly basis in November, compared to a … Continue reading

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Trading Signals per 23-12-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3692   Entry-Limit Sell 0,8373 Limit BUY 1,3652   Limit BUY 0,8333 … Continue reading

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Crude Oil: Oil market will stay balanced and stable next year, indicates OPEC

Crude Oil Movement On Friday, Crude Oil prices advanced 0.46% against the USD for the period ending 21:00GMT, closing at 99.14, following an upward revision of the US third-quarter economic growth, which buoyed energy-demand prospects ahead of a holiday-shortened week. … Continue reading

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Silver: White metal converging with its MA’s

Silver Movement On Friday, Silver prices rose 0.68% to USD 19.37 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.36, 0.08% lower from Friday’s close. Silver is expected to find support … Continue reading

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Gold: Yellow metal tad higher in the Asian session

Gold Movement On Friday Gold prices traded higher by 0.97% against the USD in the period ending 21:00GMT, at 1201.93 per ounce. However, gains were limited as the US Dollar was buoyed by data showing that the US economy grew … Continue reading

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AUD/USD: Aussie extended its gains in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.68% against the USD to close at 0.8922. LME Copper prices rose 0.6% or $46.0/MT to $7264.5/MT. Aluminium prices rose 0.2% or $3.5/MT to $ 1739.0/MT. In the Asian session, at GMT0400, the … Continue reading

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USD/CAD: Loonie trading higher ahead of domestic GDP data

USDCAD Movement On Friday, the USD marginally declined against the CAD to close at 1.0672. However, the US Dollar capped its losses, following a report that showed the final US gross domestic product (GDP) unexpectedly accelerated in the third quarter. … Continue reading

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