Monthly Archives: November 2014

Gold: Yellow metal reverses its losses this morning

Gold Movement Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1197.20 per ounce, reversing its previous session gains. Yesterday, gold holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.73% against the USD to close at 0.8615. Yesterday, a survey indicated that mining sector’s contribution in the Australian economy would continue to grow strongly, despite a 40% … Continue reading

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USD/CAD: Loonie trading weaker ahead of Canada’s monthly retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.1286, rebounding from its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.1290, with the … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CHF and closed at 0.9669, following downbeat services PMI data in the US. The Swiss Franc gained ground, after number of employed people in Switzerland … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 118.34. In the Asian session, at GMT0400, the pair is trading at 117.88, with the USD trading 0.39% lower from yesterday’s … Continue reading

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GBP/USD: Pound reverses its gains ahead of the BoE’s inflation report hearing

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.5705, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.5675, with the GBP … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Q3 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.52% against the USD and closed at 1.2438, following encouraging IFO economic data from Germany. Yesterday, data indicated that Germany’s IFO business climate index surprisingly rose to a … Continue reading

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Trading Signals as per 24-November-2014

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2308 1.2408 USD/CHF SELL Active 0.9762 0.9672 GBP/USD BUY Active 1.5608 1.5698 USD/JPY SELL Active 118.42 117.52 AUD/USD SELL Active 0.8732 0.8652 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 above its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 76.41. However, losses were trimmed amid rising speculations that the Iranian Oil Minister, Bijan Namdar Zanganeh would urge the OPEC … Continue reading

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Silver: White metal trading lower this morning

Silver Movement On Friday, Silver prices rose 1.36% to USD 16.45 per ounce during the period ending 21:00GMT, tracking gains in gold prices In the Asian session, at GMT0400, the pair is trading at 16.3850, with the silver trading 0.36% … Continue reading

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

Gold Movement On Friday Gold prices traded higher by 0.64% against the USD in the period ending 21:00GMT, at 1200.60 per ounce, after the PBoC in an unexpected move slashed its interest rates to boost the nation’s economic growth. In … Continue reading

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