Monthly Archives: September 2014

USD/CAD: Loonie reverses its gains this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.0945. The Canadian Dollar gained ground after the capacity utilization of the nation rose to 82.7%, a 7-year high in 2Q … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9365. In the Asian session, at GMT0300, the pair is trading at 0.9367, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.59% against the JPY and closed at 106.83. In economic news, the BSI of large manufacturing industries in Japan registered a rise of 12.7% on a QoQ basis, … Continue reading

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GBP/USD: Pound reverses its gains in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.6208, after the BoE Governor, Mark Carney, testified at the August Inflation Report Hearings, that the UK is moving towards a … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.20% against the USD and closed at 91.85. On the macro front, French non-farm payrolls rose 0.1% on a quarterly basis in 2Q 2014, compared to a drop … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 91.85, after the Energy Information Administration (EIA) reported that the US crude oil inventories fell lesser than expected by 1.0 … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices declined 0.39% to USD 18.98 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.96, with the silver trading 0.08% lower … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1250.70 per ounce, amid a broad strength in greenback following rising expectations that the Fed might increase its interest rates sooner … Continue reading

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Trading Signals as per 10-September-2014

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.6212 1.6072 USD/CAD SELL Active 1.1042 1.0962 NZD/USD BUY Active 0.8188 0.8268 GBP/CHF SELL Active 1.5132 1.5002 EUR/USD SELL Active 1.2975 1.2920 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading lower, ahead of the weekly crude oil supply data from the EIA

Crude Oil Movement Crude Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 92.97, as the Energy Information Administration (EIA) lowered its forecasts for oil prices in 2014 and 2015, on the back … Continue reading

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Silver: White metal trading stronger this morning

Silver Movement Silver prices traded marginally lower against USD 19.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.065, with the silver trading 0.08% higher from yesterday’s close. The … Continue reading

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