Monthly Archives: January 2015

USD/JPY: The BoJ downgraded Japan’s inflation forecast

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.79% against the JPY and closed at 118.66. In the Asian session, at GMT0400, the pair is trading at 117.8, with the USD trading 0.72% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of the UK ILO unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.5148. In the Asian session, at GMT0400, the pair is trading at 1.5165, with the GBP trading 0.11% higher from yesterday’s … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1556. Losses were kept in check after Germany’s economic sentiment index rose to an11-month high reading of 48.4 in January, compared … Continue reading

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Trading Signals as per 20-January-2015

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.1918 1.1988 GBP/CHF SELL Active 1.3482 1.3082 EUR/JPY BUY Active 136.28 137.68 NZD/USD SELL Active 0.7772 0.7702 EUR/USD BUY Active 1.1563 1.1608 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 Crude Oil prices declined 2.19% against the USD for the 24 hour period ending 23:00GMT, closing at 47.43, after a leading investment bank trimmed its price outlook for oil prices in 2015. In the Asian session, at … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices declined 0.98% to USD 17.71 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.68, with the silver trading 0.14% lower from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1276.30 per ounce, reverses its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1277.00, with … Continue reading

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AUD/USD: Aussie trading lower in the Asian session, after China’s economy grew at its slowest pace in 24 years

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.35% against the USD to close at 0.8197. LME Copper prices rose 0.19% or $11.0/MT to $5671.0/MT. Aluminium prices rose 1.50% or $27.0/MT to $1825.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.1951. In the Asian session, at GMT0400, the pair is trading at 1.1976, with the USD trading 0.22% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.25% against the CHF and closed at 0.8798. In economic news, producer and import prices in Switzerland dropped 0.4% on a monthly basis in December, compared to a … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.23% against the JPY and closed at 117.72. Yesterday, nationwide department store sales in Japan dropped 1.7% on a YoY basis in December. In the previous month, nationwide … Continue reading

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