Monthly Archives: September 2014

Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1216.90 per ounce, amid a stronger greenback after the new home sales in the US rose to its highest level in … 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 strengthened 0.27% against the USD to close at 0.8875. LME Copper prices declined 0.69% or $47.0/MT to $6750.0/MT. Aluminium prices declined 0.88% or $17.0/MT to $1922.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.1067. In the Asian session, at GMT0300, the pair is trading at 1.1085, with the USD trading 0.16% higher from yesterday’s … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9461. In economic news, Swiss UBS consumption indicator declined to 1.35 in August, compared to a revised reading of 1.67 reported … Continue reading

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USD/JPY: Japanese Yen reverses its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.33% against the JPY and closed at 109.19. In the Asian session, at GMT0300, the pair is trading at 109.17, with the USD trading tad lower from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE Governor’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.6331. In the Asian session, at GMT0300, the pair is trading at 1.6321, with the GBP trading 0.06% lower from yesterday’s … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.55% against the USD and closed at 1.2776, after the German IFO business confidence index contracted for the fifth successive month to its lowest level since April 2013 … Continue reading

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Trading Signals as per 24-September-2014

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9442 0.9372 AUD/USD BUY Active 0.8828 0.8908 USD/CAD BUY Active 1.1018 1.1098 GBP/CHF SELL Active 1.5328 1.5448 NZD/USD SELL Active 0.8029 0.8118 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 advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 91.63, after the American Institute of Petroleum (API) reported that the US crude oil stocks dropped 6.5 million barrel in … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 0.20% to USD 17.75 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.72, with the silver trading 0.14% lower … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement Gold prices traded higher by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1222.80 per ounce, as geopolitical tensions resurfaced amid reports of fresh airstrikes led by the US in Syria, thereby raising yellow … Continue reading

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