Monthly Archives: February 2015

Gold: Yellow metal trading higher in the Asian session

Gold Movement On Friday, Gold prices traded lower by 2.44% against the USD in the period ending 21:00GMT, at 1235.80 per ounce, as non-farm payrolls in the US increased by more than anticipated in January, thus reducing the safe haven … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement On Friday, the commodity linked AUD weakened 0.22% against the USD to close at 0.7788, as a broad strength in the greenback decreased the demand for the commodities as an alternative investment. LME Copper prices rose 1.73% or … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s housing starts data

USDCAD Movement On Friday, the USD rose 0.82% against the CAD to close at 1.2536, as the US registered upbeat non-farm payrolls figure in January. On the macro front, Canada’s unemployment rate unexpectedly dropped to a level of 6.6% in … Continue reading

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USD/CHF: The central bank could further cut its deposit rate, indicated the SNB President

USDCHF Movement On Friday, the USD rose 0.55% against the CHF and closed at 0.9264, following better than expected non-farm payrolls data in the US. In economic news, real retail sales in Switzerland advanced 2.2% on an annual basis in … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement On Friday, the USD strengthened 1.34% against the JPY and closed at 119.08. In the Asian session, at GMT0400, the pair is trading at 118.78, with the USD trading 0.25% lower from Friday’s close. Japan’s consumer confidence index … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, the GBP declined 0.67% against the USD and closed at 1.5233, after Britain’s total trade deficit unexpectedly widened to £2.89 billion in December, from a revised total trade deficit of £1.84 billion in the prior month. … Continue reading

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EUR/USD: Euro trading higher ahead of Germany’s trade balance data

EURUSD Movement On Friday, the EUR declined 1.38% against the USD and closed at 1.1318. The USD traded on a stronger footing, after the US non-farm payrolls advanced by 257.00 K in January, compared to a revised gain of 329.00 … Continue reading

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Trading Signals as per 06-February-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1552 1.1422 GBP/USD SELL Active 1.5402 1.5282 EUR/JPY BUY Active 133.28 135.08 AUD/USD SELL Active 0.7882 0.7802 GBP/CHF BUY Active 1.4058 1.4208 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s real retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9214. The Swiss Franc gained ground, after Switzerland’s SECO consumer confidence data surprisingly improved to a reading of -6.0 in January, … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement Crude Oil prices advanced 4.53% against the USD for the 24 hour period ending 23:00GMT, closing at 51.04, following better than expected initial jobless claims data from the US and also the European Commission’s positive take on … Continue reading

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Silver: White metal trading a tad lower in the Asian session

Silver Movement Silver prices declined 0.69% to USD 17.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.26, with the silver trading a tad lower from yesterday’s close. The … Continue reading

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