Monthly Archives: December 2013

USD/CHF: Swiss Franc trading marginally lower this morning

USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.8957. In the Asian session, at GMT0400, the pair is trading at 0.8961, with the USD trading tad higher from Friday’s close. The pair is expected … Continue reading

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USD/JPY: US economy grew at its fastest pace in two years

USDJPY Movement On Friday, the USD weakened 0.20% against the JPY and closed at 104.09. Earlier on Friday, the Japanese Yen came under pressure, following the Bank of Japan’s decision of maintaining status quo on its policy stance while reinforcing … Continue reading

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GBP/USD: S&P affirms UK’s ‘AAA’ rating, but warns of risks

GBPUSD Movement On Friday, GBP fell 0.10% against the USD and closed at 1.6349. However, the British Pound was supported for a brief period after an official data revealed that the annual gross domestic product (GDP) in UK surged 1.9% … Continue reading

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EUR/USD: S&P downgrades EU’s ‘AAA’ rating

EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.3672, after the consumer sentiment in Germany surged to a six-year high in January. The consumer confidence in Germany rose to a level of 7.6 for January, … Continue reading

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Trading Signals per 20-12-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3626   Entry-Limit Buy 0,8338 Limit SELL 1,3666   Limit SELL 0,8378 … Continue reading

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Crude Oil: Crude trading above both its MA’s

Crude Oil Movement Crude Oil prices advanced 0.99% against the USD for the 24 hour period ending 23:00GMT, closing at 98.69. In the Asian session, at GMT0400, Crude Oil is trading at 98.87, 0.18% higher from yesterday’s close amid continued … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 2.44% to USD19.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.27, 0.16% higher from yesterday’s close. Silver is expected to find support at 18.96, … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1190.36 per ounce, in the wake of the Federal Reserve’s announcement to begin scaling back of its monthly bond-buying program. In … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 0.8861. LME Copper prices declined 0.2% or $11.5/MT to $ 7218.5/MT. Aluminium prices declined 0.8% or $14.0/MT to $ 1735.5/MT. Yesterday, the … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD to close at 1.0673. The US Dollar lost momentum, after the number of Americans filing new claims for unemployment benefits rose last week to … Continue reading

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USD/CHF: Switzerland raises 2013 economic forecasts and maintains positive outlook on economy

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 0.8982. According to the Federal Customs Administration, Switzerland’s trade surplus narrowed unexpectedly to CHF2.11 billion in November, compared to a revised … Continue reading

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