Daily Archives: February 24, 2014

Trading Signals per 24-02-2014

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3725   Entry-Limit Sell 0,8282 Limit SELL 1,3765   Limit BUY 0,8242 … Continue reading

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Crude Oil: Crude reverses its direction in the Asian trading hours

Crude Oil Movement On Friday, Crude Oil prices declined 0.54% against the USD for the period ending 21:00GMT, closing at 102.25, as traders continued to digest a rise in the weekly EIA crude supply data for the week ended 14 … Continue reading

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Silver: White metal trading below its MA’s

Silver Movement On Friday, Silver prices rose 0.19% to USD 21.84 per ounce during the period ending 21:00GMT, mirroring gains in the prices of industrial metals and gold. In the Asian session, at GMT0400, Silver is trading at 21.59, 1.11% … Continue reading

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Gold: Yellow metal trading lower in the morning, following Friday’s gain

Gold Movement On Friday Gold prices traded higher by 0.13% against the USD in the period ending 21:00GMT, at 1323.95 per ounce, as a lacklustre housing data from the US and violence in Ukraine bolstered the safe-haven appeal of the … Continue reading

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AUD/USD: Aussie trading flat in the morning session

AUDUSD Movement On Friday, the AUD weakened 0.47% against the USD to close at 0.8967. LME Copper prices rose 0.4% or $26.5/MT to $7211.5/MT. Aluminium prices advanced 1.0% or $16.5/MT to $1734.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Canada to outperform its 2% growth target, projects Finance Minister, Jim Flaherty

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.1122. The Canadian Dollar lost ground against its US counterpart after data showed that retail sales in Canada declined 1.8% (MoM) in December, more than analysts’ … Continue reading

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USD/CHF: Swiss Franc cap still “appropriate and important”, says SNB’s Zurbruegg

USDCHF Movement On Friday, the USD declined 0.19% against the CHF and closed at 0.8877. In Switzerland, a member of the Swiss National Bank (SNB) Governing Board, Fritz Zurbruegg, opined that the central bank still needs to maintain its 1.20 … Continue reading

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USD/JPY: Japan reached only half-way on its path to 2% inflation target, says BoJ Governor, Kuroda

USDJPY Movement On Friday, the USD strengthened 0.31% against the JPY and closed at 102.64, benefited from the comments of the St. Louis Fed Chief, James Bullard, that the Fed would continue tapering its massive accommodative stimulus measure as the … Continue reading

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GBP/USD: UK Pound trading marginally higher in the Asian session

GBPUSD Movement On Friday, GBP fell 0.14% against the USD and closed at 1.6638 after data showed that the UK retail sales fell more-than-expected 1.5% (MoM) in January, the most since 2012 and compared to a 2.5% (MoM) rise registered … Continue reading

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EUR/USD: ECB ready to act if price-outlook deteriorates, hints ECB Chief, Mario Draghi

EURUSD Movement On Friday, EUR rose 0.14% against the USD and closed at 1.3740. However, the gains in the Euro were capped after the ECB President, Mario Draghi, reiterated his earlier stance to act appropriately and take proper measures, if … Continue reading

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