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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: February 2015
EUR/USD: Euro trading higher in the Asian session
EURUSD Movement On Friday, the EUR declined 0.12% against the USD and closed at 1.1389, as investors shrugged off better than expected GDP data in the Euro-zone and Germany, its biggest economy. The preliminary GDP in Germany rose 0.70% QoQ … Continue reading
Posted in EUR/USD
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Trading Signals as per 13-February-2015
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1368 1.1478 USD/JPY SELL Active 119.52 118.02 USD/CAD SELL Active 1.2582 1.2442 AUD/USD SELL Active 0.7842 0.7742 GBP/CHF SELL Active 1.4432 1.4222 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
Posted in Trading Signals
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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 weakened 0.94% against the JPY and closed at 119.16, on the back of downbeat economic releases in the US. Yesterday, the BoJ said it would not add extra stimulus … Continue reading
Posted in USD/JPY
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement Crude Oil prices advanced 4.04% against the USD for the 24 hour period ending 23:00GMT, closing at 51.24, amid a broad weakening in the US Dollar. Oil prices were also supported, after Russia and Ukraine agreed to … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a stronger footing this morning
Silver Movement Silver prices rose 0.36% to USD 16.84 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.955, with the silver trading 0.68% higher … Continue reading
Posted in Silver
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Gold: Yellow metal trading higher in the Asian session
Gold Movement Gold prices traded higher by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1222.90 per ounce, as the greenback weakened, after advance retail sales in the US dropped more than anticipated in January and … Continue reading
Posted in Gold
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AUD/USD: Interest rate cuts now less effective but still needed, said the RBA Governor
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.7740. LME Copper prices rose 0.88% or $49.5/MT to $5695.0/MT. Aluminium prices rose 0.36% or $6.5/MT to $1818.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a stronger footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2511, following disappointing advance retail sales data in the US. In economic news, the new housing price index in Canada advanced … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc reverses its losses in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9310. On the macro front, producer and import prices in Switzerland slid 0.6% MoM in January, lower than market expected decline … Continue reading
Posted in USD/CHF
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GBP/USD: The BoE signalled a sooner than expected hike in interest rate
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5383, after the BoE Governor, Mark Carney signalled that the central bank remained on course to raise interest rate in Britain … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher ahead of Germany’s Q4 GDP data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.66% against the USD and closed at 1.1402, following the peace deal between Ukraine and Russia and as investors shrugged off dismal economic data from the Euro-zone and … Continue reading
Posted in EUR/USD
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