Monthly Archives: November 2014

Crude Oil: Oil trading higher ahead of the weekly crude oil data from the EIA

Crude Oil Movement Crude Oil prices declined 2.33% against the USD for the 24 hour period ending 23:00GMT, closing at 73.90, after reports indicated that a meeting of four major oil producers failed to agree on production cuts, ahead of … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains this morning

Silver Movement Silver prices rose 1.12% to USD 16.65 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.56, with the silver trading 0.48% lower … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1200.70 per ounce, rebounding from its previous session losses, following mixed economic data in the US. Yesterday, the SPDR gold holdings … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.8532. Yesterday, the RBA, Deputy Governor, warned that the “Aussie” has persistently remained at unusually high levels and is set to … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading weaker this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.1257. The CAD gained ground, after Canada’s retail sales rebounded more-than-expected 0.8% on a monthly basis in September, marking its first … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9642, following downbeat consumer confidence data in the US. In the Asian session, at GMT0400, the pair is trading at 0.9643, … Continue reading

Posted in USD/CHF | Comments Off

GBP/USD: Hike in Britain’s key interest rates would be more gradual, indicated the BoE Chief

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.5708. In economic news, the UK’s BBA mortgage approvals dropped more than expected to a 17-month low of 37.1 K … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro reverses its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.2474, following positive Q3 GDP data in Germany. Yesterday, data from Germany indicated that the nation avoided recession after its seasonally … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 25-November-2014

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9648 0.9718 GBP/USD SELL Active 1.5752 1.5652 USD/JPY BUY Active 117.38 118.18 USD/CAD SELL Active 1.1332 1.1262 GBP/CHF SELL Active 1.5242 1.5142 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading higher ahead of the weekly crude oil data from the API

Crude Oil Movement Crude Oil prices declined 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 75.66, ahead of the Organization of the Petroleum Exporting Countries (OPEC’s) key meeting, scheduled on November 30 at Vienna, where … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices rose 0.40% to USD 16.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.51, with the silver trading 0.3% higher from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off