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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: January 5, 2015
Trading Signals as per 05-January-2015
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2002 1.1892 USD/CHF BUY Active 0.9988 1.0078 GBP/USD BUY Active 1.5178 1.5358 USD/JPY SELL Active 121.02 120.12 USD/CAD SELL Active 1.1852 1.1752 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 On Friday, Crude Oil prices declined 2.05% against the USD for the period ending 21:00GMT, closing at 52.65, hitting a 5.5 year low due to concerns of slowing demand of the commodity coupled with global supply glut. … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its losses this morning
Silver Movement On Friday, Silver prices declined 0.82% to USD 15.71 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.95, with the silver trading 1.59% … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement On Friday, Gold prices traded lower by 0.08% against the USD in the period ending 21:00GMT, at 1184.40 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at … Continue reading
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AUD/USD: Aussie extends its losses in the Asian session
AUDUSD Movement On Friday, the AUD weakened 0.79% against the USD to close at 0.8112. LME Copper prices declined 0.79% or $50.0/MT to $6309.0/MT. Aluminium prices declined 0.55% or $10.0/MT to $1821.5/MT. In the Asian session, at GMT0400, the pair … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement On Friday, the USD rose 1.17% against the CAD to close at 1.1750. The CAD lost ground after Canada’s RBC manufacturing PMI slipped to a 3-month low reading of 53.9 in December, compared to a level of 55.3 … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower ahead of the SNB Chief’s speech
USDCHF Movement On Friday, the USD rose 0.76% against the CHF and closed at 1.0012. In the Asian session, at GMT0400, the pair is trading at 1.0065, with the USD trading 0.53% higher from Friday’s close. The pair is expected … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its losses this morning
USDJPY Movement On Friday, the USD strengthened 0.42% against the JPY and closed at 120.34. In the Asian session, at GMT0400, the pair is trading at 120.60, with the USD trading 0.22% higher from Friday’s close. Earlier today, data from … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading lower ahead of Britain’s construction PMIs
GBPUSD Movement On Friday, the GBP declined 1.59% against the USD and closed at 1.5332, following the release of downbeat manufacturing PMI in the UK. The UK manufacturing PMI unexpectedly eased to a 3-month low level of 52.5 in December … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower ahead of Germany’s CPI data
EURUSD Movement On Friday, the EUR declined 0.79% against the USD and closed at 1.2005, reversing its previous session gains. In economic news, Germany’s manufacturing PMI remained unchanged at a level of 51.2 in December, while markets expected it to … Continue reading
Posted in EUR/USD
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