Monthly Archives: January 2015

Gold: Yellow metal trading on a weaker footing this morning

Gold Movement Gold prices traded lower by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1282.00 per ounce, amid a rally in the global equity markets, thus waning the safe-haven appeal of the precious yellow metal. … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.7921. LME Copper prices declined 1.63% or $91.0/MT to $5490.0/MT. Aluminium prices declined 0.68% or $12.5/MT to $1818.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.2476. In the Asian session, at GMT0400, the pair is trading at 1.2488, with the USD trading 0.1% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.44% against the CHF and closed at 0.9020. In the Asian session, at GMT0400, the pair is trading at 0.9023, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.73% against the JPY and closed at 118.44. In the Asian session, at GMT0400, the pair is trading at 118.21, with the USD trading 0.2% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading stronger ahead of the UK 4Q GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.5084, after the BoE’s MPC member, Kristin Forbes, indicated that interest rates in the UK would rise sooner on the back … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.1237, following positive IFO economic indicators data in Germany. Yesterday’s data showed that Germany’s IFO business climate index rose to a … Continue reading

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Trading Signals as per 26-January-2015

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 117.48 118.48 USD/CAD SELL Active 1.2492 1.2412 AUD/USD SELL Active 0.7962 0.7852 EUR/JPY SELL Active 134.12 131.22 NZD/USD SELL Active 0.7512 0.7412 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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EUR/USD: Euro trading lower ahead of Germany’s IFO data

EURUSD Movement On Friday, the EUR declined 1.07% against the USD and closed at 1.1245. In economic news, the Euro-zone’s preliminary manufacturing PMI climbed to 51.0 in January, compared to a level of 50.60 in the previous month, while the … Continue reading

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Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 1.89% against the USD for the period ending 21:00GMT, closing at 45.64, as concerns over slowing demand and global supply glut combined with a rally in the greenback weighed on oil … Continue reading

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

Silver Movement On Friday, Silver prices rose 0.14% to USD 18.31 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, the pair is trading at 18.32, with the silver trading 0.08% higher from Friday’s close. The … Continue reading

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