Monthly Archives: August 2014

USD/JPY: Japanese Yen continues with its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 103.90. Yesterday, Japan’s Vice Economy Minister, Yasutoshi Nishimura, cautioned that the Japanese government needs to be more careful regarding its upcoming … Continue reading

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Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement Crude Oil prices declined 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 93.76, despite the Energy Information Administration (EIA) reporting that the US crude oil inventories dropped by 2.1 million barrels to … Continue reading

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Silver: White metal continues its gains this morning

Silver Movement Silver prices rose 0.41% to USD 19.43 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.28% higher from yesterday’s close. Silver is expected to find support at … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1283.80 per ounce, after Ukraine accused Russia of launching a new military incursion across its Eastern border, thus increasing the metal’s … Continue reading

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AUD/USD: Aussie trading on a higher footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened/ strengthened x.xx% against the USD to close at x.xxxx. LME Copper prices declined 0.6% or $45.0/MT to $7051.0/MT. Aluminium prices traded marginally higher or $0.5/MT to $2082.5/MT. In … Continue reading

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USD/CAD: Loonie continues with its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the CAD to close at 1.0865 In the Asian session, at GMT0300, the pair is trading at 1.0847, with the USD trading 0.17% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9149. In economic news, the Swiss UBS consumption indicator fell to 1.66 in July, compared to a reading of 2.07, registered … Continue reading

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GBP/USD: Pound trading higher in the Asian session, ahead of British consumer confidence data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.6575. In the Asian session, at GMT0300, the pair is trading at 1.6591, with the GBP trading 0.1% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading higher, ahead of crucial German economic data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.3193, despite the German Gfk consumer confidence unexpectedly eased in September for the first time in more than one and a … Continue reading

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Trading Signals as per 27-August-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3214 1.3169 USD/JPY BUY Active 103.58 104.28 USD/CAD BUY Active 1.0868 1.0938 AUD/USD SELL Active 0.9372 0.9302 GBP/USD BUY Active 1.6528 1.6598 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.28% against the USD to close at 0.9312. LME Copper prices rose 0.1% or $8.0/MT to $7096.0/MT. Aluminium prices rose 1.3% or $26.5/MT to $2082.0/MT. In the Asian … Continue reading

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