Monthly Archives: February 2015

Silver: White metal trading higher in the Asian session

Silver Movement Silver prices declined 0.09% to USD 16.35 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 16.64, with the silver trading 1.8% higher … Continue reading

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Gold: Yellow metal reverses its losses this morning

Gold Movement Gold prices traded lower by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1201.40 per ounce, as a strong rally in the global equity markets somewhat dented the safe haven appeal of the precious … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7828. LME Copper prices rose 1.03% or $58.0/MT to $5715.0/MT. Aluminium prices rose 1.10% or $19.5/MT to $1792.0/MT. In the Asian … Continue reading

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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 0.59% against the CAD to close at 1.2496, after the US consumer confidence dropped more than expected in February. Yesterday, the BoC Governor, Stephen Poloz reiterated that plunging … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9510. In economic news, number of employed people in Switzerland increased to 4.23 million on a quarterly basis in 4Q 2014, … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 118.97. In the Asian session, at GMT0400, the pair is trading at 118.72, with the USD trading 0.21% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of the BoE Governor, Mark Carney’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded a tad lower against the USD and closed at 1.5450. Yesterday, the BoE Governor, Mark Carney, stated that Britain’s low inflation was temporary and would likely return to … Continue reading

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EUR/USD: Euro trading higher ahead of the ECB Chief Mario Draghi’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1339, following upbeat GDP data in Germany. Data indicated that Germany’s GDP expanded 0.7% on a quarterly basis in … Continue reading

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Trading Signals as per 24-February-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1268 1.1358 GBP/USD BUY Active 1.5378 1.5498 USD/JPY SELL Active 119.52 118.82 USD/CAD SELL Active 1.2682 1.2582 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 in the Asian session

Crude Oil Movement Crude Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 49.45, after Nigeria’s Oil Minister, Diezani Alison-Madueke stated that the Organization of Petroleum Exporting Countries (OPEC) could hold an emergency … Continue reading

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Silver: White metal trading higher this morning

Silver Movement Silver prices rose 0.65% to USD 16.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.365, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading

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