Monthly Archives: January 2015

Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 0.67% to USD 18.06 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.98, with the silver trading 0.42% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 0.93% against the USD in the 24 hour period ending 23:00GMT, at 1293.90 per ounce, on the back of a weaker greenback due to an unexpected decline in the US durable goods orders. … Continue reading

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AUD/USD: Australia’s CPI rose less than expected in 4Q 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7931. LME Copper prices rose 1.22% or $67.0/MT to $5557.0/MT. Aluminium prices rose 1.60% or $29.0/MT to $1847.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.2397. In the Asian session, at GMT0400, the pair is trading at 1.2433, with the USD trading 0.29% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc extends its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded a tad higher against the CHF and closed at 0.9023, following stronger than expected consumer confidence data in the US. Meanwhile, the Swiss Franc lost ground yesterday after … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.57% against the JPY and closed at 117.77. In economic news, Japan’s small business confidence index eased to 46.3 in January, compared to a level of 46.7 registered … Continue reading

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GBP/USD: UK GDP grew less than expected in 4Q 2014

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.68% against the USD and closed at 1.5187, as investors shrugged off Britain’s disappointing 4Q GDP data. The UK GDP advanced 0.5% in Q4 2014 on a quarterly … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s Gfk consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.19% against the USD and closed at 1.1371. The greenback traded on a weaker footing, after durable goods orders unexpectedly tumbled 3.4% in December, registering its worst drop … Continue reading

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Trading Signals as per 27-January-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5172 1.5042 AUD/USD BUY Active 0.7898 0.7968 USD/CAD SELL Active 1.2532 1.2486 USD/JPY SELL Active 118.82 117.92 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading

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Crude Oil: Oil trading higher ahead of the weekly crude oil data from the API

Crude Oil Movement Crude Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 45.21, after the OPEC’s Secretary General, Abdalla El-Badri stated that the oil prices would go as high as $200 per … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 2.37% to USD 17.94 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.87, with the silver trading 0.36% lower … Continue reading

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