Monthly Archives: September 2014

GBP/USD: Unemployment rate in the UK fell to the lowest level since 2008

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally lower against the USD and closed at 1.6250, ahead of the outcome of the Scottish independence referendum. In economic news, the ILO unemployment rate in the UK … Continue reading

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EUR/USD: Euro trading higher, ahead of the ECB’s TLTRO allotment

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.90% against the USD and closed at 1.2837, after consumer price inflation in the Euro-zone remained below the ECB’s target of near but below 2%, despite introducing additional … Continue reading

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Trading Signals as per 17-September-2014

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 106.88 107.58 USD/CAD SELL Active 1.1002 1.0922 AUD/USD BUY Active 0.9028 0.9098 EUR/JPY BUY Active 138.58 139.38 GBP/CHF SELL Active 1.5322 1.5192 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 higher, ahead of the weekly crude oil supply data from the EIA

Crude Oil Movement Crude Oil prices advanced 2.01% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, after the Organization of the Petroleum Exporting Countries (OPEC) stated that the cartel may slash its production targets. Meanwhile, … Continue reading

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Silver: Yellow metal extends its gains this morning

Silver Movement Silver prices rose 0.35% to USD 18.72 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 18.73, with the silver trading marginally higher … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1235.50 per ounce, amid subdued trading ahead of the FOMC meeting. In the Asian session, at GMT0300, the pair is trading … Continue reading

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AUD/USD: Aussie reverses its gains this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.9080, following the People’s Bank of China’s decision to introduce quantitative easing measures in China, Australia’s biggest trading partner. LME Copper … Continue reading

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USD/CAD: Loonie trading stronger this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD to close at 1.0980. The CAD gained ground, after the Canadian manufacturing shipments rose 2.5%, a record-high on a monthly basis in July, beating … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of the ZEW survey

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9331. In the Asian session, at GMT0300, the pair is trading at 0.9328, with the USD trading marginally lower from yesterday’s … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 107.17. The BoJ Governor, Haruhiko Kuroda, indicated that the Japanese economy continues to recover moderately and further added that central … Continue reading

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GBP/USD: Pound trading higher, ahead of the BoE’s minutes

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.6257, after the consumer prices in the UK rebounded strongly in August and registered a rise of 0.4%, on a monthly … Continue reading

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