Monthly Archives: September 2014

USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement On Friday, the USD rose 0.65% against the CHF and closed at 0.9405. In the Asian session, at GMT0300, the pair is trading at 0.9384, with the USD trading 0.22% lower from Friday’s close. The pair is expected … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement On Friday, the USD strengthened 0.17% against the JPY and closed at 108.93. The Japanese currency came under pressure after Japan’s leading index registered a level of 105.4 in July, down from previous month’s 106.5. Meanwhile, the nation’s … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement On Friday, GBP declined 0.82% against the USD and closed at 1.6299. In a historic event, Scotland rejected independence and voted to remain in the UK. Separately, global rating agency, Moody’s confirmed its “Aa1” rating for the UK, … Continue reading

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EUR/USD: Euro reverses its losses this morning

EURUSD Movement On Friday, EUR declined 0.63% against the USD and closed at 1.2836. In economic news, the seasonally adjusted current account surplus in the Euro-zone marginally widened to €18.7 billion in July, compared to a revised surplus of 18.6 … Continue reading

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Trading Signals as per 19-September-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2942 1.2852 USD/JPY BUY Active 108.58 109.38 GBP/CHF SELL Active 1.5582 1.5292 AUD/USD BUY Active 0.8908 0.8988 EUR/CHF BUY Active 1.1990 1.2130 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 below its MA’s

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 93.02, after a report from the OPEC revealed that it might not cut its production target, despite the market already … Continue reading

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Silver: White-metal trading weaker this morning

Silver Movement Silver prices rose 0.08% to USD 18.53 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 18.51, with the silver trading 0.08% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow-metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1226.00 per ounce. However, gain’s in the yellow metal were limited after data from the US showed that the number of … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.45% against the USD to close at 0.8984. LME Copper prices declined 0.55% or $38.5/MT to $6920.0/MT. Aluminium prices declined 0.84%% or $16.5/MT to $1950.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s CPI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.0944. In the Asian session, at GMT0300, the pair is trading at 1.0957, with the USD trading 0.12% higher from yesterday’s … Continue reading

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USD/CHF: The SNB held its interest rates unchanged at 0%

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.90% against the CHF and closed at 0.9344. The Swiss Franc gained ground after the SNB kept its benchmark interest rates unchanged at 0%, in line with market … Continue reading

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