Monthly Archives: October 2014

AUD/USD: Aussie trading on a stronger footing in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.45% against the USD to close at 0.8798. LME Copper prices rose 0.61% or $41.0/MT to $6759.5/MT. Aluminium prices declined 1.71% or $34.0/MT to $1950.5/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement On Friday, the USD traded a tad higher against the CAD to close at 1.1233. In the Asian session, at GMT0400, the pair is trading at 1.1224, with the USD trading 0.08% lower from Friday’s close. The pair … Continue reading

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USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement On Friday, the USD declined 0.18% against the CHF and closed at 0.9522. In the Asian session, at GMT0400, the pair is trading at 0.9497, with the USD trading 0.26% 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 weakened 0.08% against the JPY and closed at 108.10. In the Asian session, at GMT0400, the pair is trading at 108.01, with the USD trading 0.08% lower from Friday’s close. Early this morning, data … Continue reading

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GBP/USD: Britain’s economy advanced 0.7% in 3Q 2014

GBPUSD Movement On Friday, GBP rose 0.31% against the USD and closed at 1.6085, after the UK’s GDP grew 0.7% on a quarterly basis in 3Q 2014, in line with market estimates. The nation’s economy had risen 0.9% in the … Continue reading

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EUR/USD: Most European banks are healthy, indicated the ECB’s stress test

EURUSD Movement On Friday, EUR rose 0.15% against the USD and closed at 1.2668, after Germany’s GfK consumer confidence index unexpectedly climbed to a level of 8.5 in November, compared to a revised level of 8.4 registered in the previous … Continue reading

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Trading Signals as per 24-October-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2692 1.2622 USD/CHF SELL Active 0.9572 0.9502 GBP/CHF SELL Active 1.5352 1.5232 EUR/CHF BUY Active 1.2030 1.2123 GBP/USD SELL Active 1.6072 1.6002 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil reverses its gains this morning

Crude Oil Movement Crude Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 81.85, after reports came in that Saudi Arabia, world’s biggest oil exporter reduced its production output last month. Saudi Arabia … Continue reading

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Silver: White metal trading flat in the Asian session

Silver Movement Silver prices traded a tad higher USD 17.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.195, with the silver trading flat from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal lower this morning

Gold Movement Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1232.30 per ounce, amid a broad rise in global equity markets. Separately, holdings of the SPDR Gold Trust dropped to 749.87 … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.08% against the USD to close at 0.8759. LME Copper prices declined 0.18% or $12.0/MT to $6718.5/MT. Aluminium prices rose 0.23% or $4.5/MT to $1984.5/MT. In the Asian … Continue reading

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