Monthly Archives: January 2015

Silver: White metal extends its gains this morning

Silver Movement Silver prices rose 0.12% to USD 16.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.78, with the silver trading 1.21% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded 0.72% higher against the USD in the 24 hour period ending 23:00GMT, at 1233.00 per ounce, extending its previous session gains, as oil prices continued to fall. Yesterday, the SPDR Gold Trust reported that its … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.81% against the USD to close at 0.8154. LME Copper prices declined 0.33% or $20.0/MT to $6131.0/MT. Aluminium prices declined 1.06% or $19.0/MT to $1779.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the CAD to close at 1.1973. Yesterday, the BoC in its latest business outlook survey, indicated that while plunging oil prices have dampened the confidence of … Continue reading

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USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 1.0153, rebounding from its previous session losses. Yesterday, the SNB Vice Chairman, Jean Pierre Danthine stated in an interview that the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the JPY and closed at 118.38. In the Asian session, at GMT0400, the pair is trading at 118.01, with the USD trading 0.32% lower … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s crucial inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5167, after Britain’s Lloyd’s employment confidence index declined to -2.0 in December, from previous month’s level of 1.0. In the Asian … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.1830. In economic news, the French business sentiment index dropped unexpectedly to 96.0 in December compared to market expectations of a … Continue reading

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Trading Signals as per 12-January-2014

  Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1808 1.1878 USD/CHF BUY Active 1.0088 1.0158 USD/CAD SELL Active 1.1892 1.1822 EUR/JPY BUY Active 139.68 140.58 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals … Continue reading

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EUR/USD: Euro trading higher in the Asian session

EURUSD Movement On Friday, the EUR rose 0.44% against the USD and closed at 1.1841. In economic news, industrial production in Germany surprisingly slid 0.1% on a MoM basis in November compared to a revised advance of 0.6% in the … Continue reading

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Crude Oil: Leading broker slashes its oil’s price forecasts

Crude Oil Movement On Friday, Crude Oil prices declined 1.27% against the USD for the period ending 21:00GMT, closing at 48.31, as global supply glut continued to weigh on the commodity’s prices. Meanwhile, a leading broker projected oil prices to … Continue reading

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