Monthly Archives: January 2015

Silver: White metal extends its gains this morning

Silver Movement On Friday, Silver prices rose 0.55% to USD 16.44 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.56, with the silver trading 0.76% … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.98% against the USD in the period ending 21:00GMT, at 1219.50 per ounce, rebounding from its previous session losses amid a broad weakening in the greenback and global equity markets, coupled … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 1.09% against the USD to close at 0.8198. LME Copper prices declined 1.28% or $79.5/MT to $6151.0/MT. Aluminium prices rose 1.21% or $21.5/MT to $1798.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement On Friday, the USD rose 0.19% against the CAD to close at 1.1863, after the US non-farm payrolls surprisingly increased above expectations in December. In economic news, Canada’s unemployment rate remained steady at previous month’s level of 6.6% … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement On Friday, the USD declined 0.45% against the CHF and closed at 1.0143. On the macro front, consumer prices in Switzerland slid more than expected 0.5% on a MoM basis in December, against market expected decline of 0.4% … Continue reading

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USD/JPY: Japanese Yen extends its gains this morning

USDJPY Movement On Friday, the USD weakened 0.96% against the JPY and closed at 118.64. In the Asian session, at GMT0400, the pair is trading at 118.3, with the USD trading 0.29% lower from Friday’s close. The pair is expected … Continue reading

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GBP/USD: UK economy slowed in Q4, NIESR

GBPUSD Movement On Friday, GBP marginally rose 0.56% against the USD and closed at 1.5163, following stronger than expected manufacturing production in the UK. Britain’s manufacturing production rebounded to a 7-month high of 0.7% on a MoM basis in November, … Continue reading

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Trading Signals as per 09-January-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1738 1.1828 USD/JPY BUY Active 118.88 119.68 AUD/USD SELL Active 0.8172 0.8102 GBP/CHF BUY Active 1.5288 1.5418 EUR/CHF BUY Active 1.1988 1.2033 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 Crude Oil prices advanced 0.74% against the USD for the 24 hour period ending 23:00GMT, closing at 48.93, rebounding from its previous session losses, amid speculations that the US Shale boom was slowing down. In the Asian … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices declined 1.30% to USD 16.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.385, with the silver trading 0.24% 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 lower by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1207.70 per ounce, on the back of rise in global equity markets coupled with broad strength in the greenback. Separately, the … Continue reading

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