Monthly Archives: September 2014

Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1255.60 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1256.3, with … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.75% against the USD to close at 0.9208. LME Copper prices declined 1.47% or $103.5 to $6937.0/MT. Aluminium prices declined 1.78% or $37.0/MT to $2045.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the CAD to close at 1.0979. The Canadian Dollar came under pressure, as housing starts in Canada fell more than expected, dropping 192,400 units in … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CHF and closed at 0.9330. In the Asian session, at GMT0300, the pair is trading at 0.9338, with the USD trading 0.09% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen extends its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.19% against the JPY and closed at 106.20. The Japanese Yen lost ground after the consumer confidence index in Japan unexpectedly eased to 41.2 in August, lower than … Continue reading

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GBP/USD: NIESR raised its UK GDP estimates for the three months to August.

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6108, following upbeat data from the UK. The industrial production in the UK expanded in July, marking its fastest pace in … Continue reading

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EUR/USD: Euro reverses its gains this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2936, after the EU delayed its fresh sanctions against Russia, Europe’s biggest trading partner. Elsewhere, in France, the trade deficit narrowed … Continue reading

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Trading Signals as per 9-September-2014

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.6172 1.6022 USD/CAD BUY Active 1.0938 1.1008 EUR/JPY BUY Active 136.28 137.18 GBP/CHF SELL Active 1.5172 1.5042 EUR/CHF BUY Active 1.1989 1.2110 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 API

Crude Oil Movement Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 93.09, following an unexpected decline in Chinese imports, thereby raising concerns about the demand outlook of the commodity in the … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.91% to USD 19.06 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 19.05, with the silver trading marginally lower … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 0.93% against the USD in the 24 hour period ending 23:00GMT, at 1257.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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