Monthly Archives: January 2015

Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices declined 2.69% against the USD for the 24 hour period ending 23:00GMT, closing at 44.44, after the Energy Information Administration (EIA) in its weekly oil report showed that the US crude oil inventories jumped … Continue reading

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Silver: White metal trading lower this morning

Silver Movement Silver prices declined 0.33% to USD 18.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.895, with the silver trading 0.56% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement Gold prices traded lower by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1284.90 per ounce, on the back of the Fed’s upbeat assessment of the US economy and the nation’s labour market, thereby … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.44% against the USD to close at 0.7896. LME Copper prices declined 1.29% or $71.5/MT to $5485.5/MT. Aluminium prices rose 0.14% or $2.5/MT to $1849.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.04% against the CAD to close at 1.2526. In the Asian session, at GMT0400, the pair is trading at 1.2528, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss economy set for contraction, indicated the KOF

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9057. The Swiss Franc came under pressure after Switzerland’s KOF Economic Institute announced that the Swiss economy would fall into recession … 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 weakened 0.26% against the JPY and closed at 117.46. In the Asian session, at GMT0400, the pair is trading at 117.94, with the USD trading 0.41% higher from yesterday’s … Continue reading

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GBP/USD: Pound extends its losses in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5145. Yesterday, the BoE Governor, Mark Carney, in a press conference stated that the UK economy was expanding “solidly” and was … Continue reading

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EUR/USD: Euro trading a tad lower ahead of Germany’s CPI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.81% against the USD and closed at 1.1279. The greenback traded on a stronger footing after the Fed in its first monetary policy meeting of 2015 expressed optimism … Continue reading

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Trading Signals as per 28-January-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1258 1.1438 USD/CHF SELL Active 0.8848 0.9108 USD/JPY SELL Active 118.42 117.32 AUD/USD SELL Active 0.8062 0.7942 GBP/USD SELL Active 1.5232 1.5187 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 lower ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices advanced 1.02% against the USD for the 24 hour period ending 23:00GMT, closing at 45.67. Gains in oil prices were kept in check, after the American Petroleum Institute (API) revealed that the US crude … Continue reading

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