Monthly Archives: December 2014

USD/JPY: Japanese Yen reverses its losses this morning

USDJPY Movement On Friday, the USD strengthened 0.48% against the JPY and closed at 119.51. In economic news, the all industry activity index in Japan unexpectedly eased 0.1% on a monthly basis in October, following a revised 1.4% increase recorded … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, GBP marginally declined 0.24% against the USD and closed at 1.5635. In economic news, public sector net borrowing in the UK advanced to £13.40 billion in November, as compared to a revised surplus of £6.40 billion … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s consumer confidence data

EURUSD Movement On Friday, the EUR declined 0.53% against the USD and closed at 1.2225. On the macro front, Germany’s Gfk consumer confidence index rose to a level of 9.0 during January and hit its highest reading in eight years, … Continue reading

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Trading Signals as per 19-December-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2332 1.2242 USD/JPY SELL Active 120.12 118.92 USD/CAD SELL Active 1.1632 1.1552 GBP/CHF BUY Active 1.5228 1.5418 EUR/JPY SELL Active 147.42 146.12 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 1.76% against the USD for the 24 hour period ending 23:00GMT, closing at 55.12, amid demand growth concerns. In the Asian session, at GMT0400, the pair is trading at 54.44, with the oil … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 0.95% to USD 15.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.89, with the silver trading marginally lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1198.50 per ounce, rebounding from its previous session losses. However, gold pared its gains after data from the US showed weekly … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.52% against the USD to close at 0.8173. LME Copper prices rose 0.71% or $44.5/MT to $6350.5/MT. Aluminium prices rose 1.34% or $25.0/MT to $1888.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s crucial inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.1580. In the Asian session, at GMT0400, the pair is trading at 1.1578, with the USD trading a tad lower from … Continue reading

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USD/CHF: The SNB cuts interest rate

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CHF and closed at 0.9796. The Swiss Franc came under pressure, after the SNB, in an unexpected move, imposed negative interest rate of 0.25% on … Continue reading

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USD/JPY: The BoJ kept its monetary policy intact

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the JPY and closed at 118.94. In the Asian session, at GMT0400, the pair is trading at 119.32, with the USD trading 0.32% higher … Continue reading

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