Monthly Archives: January 2015

USD/CAD: Canadian Ivey PMI slid in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.1819, after the Fed minutes failed to provide any major boost to the greenback. In economic news, Canada’s Ivey PMI contracted … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 1.0149. Yesterday’s data showed that Swiss foreign currency reserves expanded more than anticipated to CHF495.1 billion, against market expectations of an … 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 strengthened 0.62% against the JPY and closed at 119.30. In the Asian session, at GMT0400, the pair is trading at 119.66, with the USD trading 0.3% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5108. In economic news, Britain’s Lloyds business barometer advanced to 45.0 in December, compared to a level of 42.0 registered in … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s retail sales and economic confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1833, following worse than expected inflation figures in the Euro-zone. Consumer prices in the single-currency region retreated more than expected 0.2% … Continue reading

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Trading Signals as per 07-January-2015

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.1758 1.1868 AUD/USD SELL Active 0.8132 0.8052 EUR/JPY SELL Active 141.92 140.32 NZD/USD BUY Active 0.7688 0.7788 GBP/CHF SELL Active 1.5392 1.5262 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 flat ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices declined 4.35% against the USD for the 24 hour period ending 23:00GMT, closing at 47.90 as global supply glut continued to hamper oil prices along with rising speculations over the possible exit of Greece … Continue reading

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Silver: White metal trading on a weaker footing in the Asian session

Silver Movement Silver prices rose 2.35% to USD 16.53 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.44, with the silver trading 0.48% lower … Continue reading

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Gold: Yellow metal trading lower this morning ahead of the release of Fed’s minutes

Gold Movement Gold prices traded higher by 1.20% against the USD in the 24 hour period ending 23:00GMT, at 1217.50 per ounce, as the demand of the safe-haven metal increased following disappointing ISM non-manufacturing composite data for December in the … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.08% against the USD to close at 0.8081. On the macro front, Australia’s AiG performance of services index rose to 47.5 in December, compared to a level of … 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 0.63% against the CAD to close at 1.1837. Yesterday’s data showed that Canada’s raw material price index slid more than expected 5.8% on a monthly basis in November, … Continue reading

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