Monthly Archives: December 2014

Crude Oil: Oil trading between its MA’s

Crude Oil Movement On Friday, Crude oil prices declined 2.60% against the USD for the period ending 21:00GMT, closing at 57.71, after the International Energy Agency (IEA) trimmed its demand outlook for the fourth time in five months by 230,000 … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement On Friday, Silver prices declined 0.53% to USD 17.05 per ounce for the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.88, with the silver trading 0.97% … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.43% against the USD for the period ending 21:00GMT, at 1222.40 per ounce, after the US consumer sentiment index jumped more than expected in December, thus decreasing the demand outlook for … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 0.21% against the USD to close at 0.8247. On the macro front, in China, Australia’s biggest trading partner, new Yuan loans advanced to CNY 852.7 billion in November, while market expectations were for … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s existing home sales data

USDCAD Movement On Friday, the USD rose 0.41% against the CAD to close at 1.1571, after the release of upbeat consumer confidence in the US. In economic news, the National bank of Canada reported that the nation’s house price index … Continue reading

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USD/CHF: Swiss Franc reverses its gains this morning

USDCHF Movement On Friday, the USD declined 0.40% against the CHF and closed at 0.9645. In the Asian session, at GMT0400, the pair is trading at 0.9659, with the USD trading 0.14% higher from Friday’s close. The pair is expected … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement On Friday, the USD weakened 0.16% against the JPY and closed at 118.71. In the Asian session, at GMT0400, the pair is trading at 118.73, with the USD trading a tad higher from Friday’s close. Overnight data indicated … Continue reading

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GBP/USD: Pound trading flat in the Asian session

GBPUSD Movement On Friday, GBP declined 0.15% against the USD and closed at 1.5708, after construction output in the UK surprisingly eased 2.2% on a monthly basis in October, following a revised gain of 2.2% registered in the prior month. … Continue reading

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

EURUSD Movement On Friday, EUR rose 0.39% against the USD and closed at 1.2453. In economic news, the seasonally adjusted industrial production in the Euro-zone advanced less than expected 0.1% on a MoM basis in October, against market expectations for … Continue reading

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Trading Signals as per 12-December-2014

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 117.28 118.25 AUD/USD BUY Active 0.8218 0.7318 GBP/CHF BUY Active 1.5088 1.5228 EUR/USD SELL Active 1.2455 1.2410 EUR/CHF BUY Active 1.1945 1.2110 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 3.31% against the USD for the 24 hour period ending 23:00GMT, closing at 59.25, amid rising speculations that the OPEC’s biggest members would fight for its market share against the US Shale producers. … Continue reading

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