Monthly Archives: January 2015

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.8110. Yesterday, data revealed that Australia’s foreign reserves increased to A$65.7 billion in December, from previous month’s total of $61.7 billion. … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.1841. In economic news, the new housing price index in Canada remained unchanged at 0.1% on a MoM basis in November, … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s jobless rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 1.0189. In the Asian session, at GMT0400, the pair is trading at 1.0175, with the USD trading 0.14% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.41% against the JPY and closed at 119.79. In the Asian session, at GMT0400, the pair is trading at 119.52, with the USD trading 0.22% lower from yesterday’s … Continue reading

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GBP/USD: The BoE held its monetary policy steady

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5079. Yesterday, the BoE in its first monetary policy meeting of 2015, kept the UK interest rates unchanged at historical low … Continue reading

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EUR/USD: Euro trading higher ahead of economic releases from Germany

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1789, following downbeat economic releases in the Euro-zone as well as Germany. The Euro came under pressure after German factory orders … Continue reading

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Trading Signals as per 08-January-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1872 1.1772 GBP/USD BUY Active 1.4988 1.5108 USD/JPY BUY Active 118.98 120.28 AUD/USD SELL Active 0.8152 0.8072 NZD/USD BUY Active 0.7728 1.7818 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 1.40% against the USD for the 24 hour period ending 23:00GMT, closing at 48.57, after the Energy Information Administration (EIA) reported that the US crude oil inventories unexpectedly declined by 3.1 million barrels … Continue reading

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Silver: White metal reverses its gains this morning

Silver Movement Silver prices rose 0.21% to USD 16.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.455, with the silver trading 0.63% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1212.20 per ounce, amid a broad strength in the greenback coupled with a rise in global equity markets. Separately, the SPDR … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.8078. LME Copper prices declined 0.34% or $21.0/MT to $6170.0/MT. Aluminium prices declined 0.59% or $10.5/MT to $1762.0/MT. In … Continue reading

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