Monthly Archives: January 2015

USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.02% against the JPY and closed at 119.35. In the Asian session, at GMT0400, the pair is trading at 119.28, with the USD trading 0.06% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead the BoE’s first policy meeting for 2015

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.5252, following disappointing construction PMI data in the UK. Britain’s construction PMI decreased to its lowest level since July 2013 to … Continue reading

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EUR/USD: Euro trading higher ahead of the Euro-zone’s services PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1933. In economic news, Germany’s consumer prices remained unchanged on a monthly basis in December, less than market expectations for a … Continue reading

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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

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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

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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

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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

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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

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