Monthly Archives: February 2015

USD/CHF: Swiss Franc trading higher ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9421. The Swiss Franc lost ground after Switzerland’s ZEW economic expectations index eased to -73.00 in February, compared to a reading … 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 weakened 0.42% against the JPY and closed at 118.72, as the Fed in its minutes did not shed any light on the exact timing of interest rate hike in … Continue reading

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GBP/USD: UK ILO unemployment rate unexpectedly slid in the October-December 2014 period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.59% against the USD and closed at 1.5443, following upbeat employment report from the UK. Data released showed that Britain’s ILO jobless rate surprisingly fell to a 6-year … Continue reading

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EUR/USD: Euro reverses its losses this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1402. Yesterday, the ECB agreed to raise the emergency funds available to Greek banks by €3.3 billion to €68.3 billion, as … Continue reading

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Trading Signals as per 18-February-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1472 1.1372 USD/CHF SELL Active 0.9432 0.9322 GBP/USD BUY Active 1.5288 1.5398 USD/CAD BUY Active 1.2348 1.2428 USD/JPY SELL Active 119.52 118.72 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 higher ahead of the API’s weekly crude oil data

Crude Oil Movement Crude Oil prices advanced 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 53.10, as violence continued to escalate in Libya. Meanwhile, no deal between Greece and its Euro-zone creditors provided support for … Continue reading

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

Silver Movement Silver prices declined 4.77% to USD 16.48 per ounce during the 24 hours ending 23:00GMT tracking heavy losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.43, with the silver trading 0.27% … Continue reading

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Gold: Gold trading lower this morning

Gold Movement Gold prices traded lower by 1.93% against the USD in the 24 hour period ending 23:00GMT, at 1209.00 per ounce, after a top Fed official stated that the US central bank should raise its interest rate by the … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.64% against the USD to close at 0.7813. LME Copper prices declined 0.81% or $46.5/MT to $5665.5/MT. Aluminium prices declined 0.77% or $14.0/MT to $1800.5/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 declined 0.62% against the CAD to close at 1.2391, following downbeat economic data in the US. In economic news, existing home sales in Canada slid 3.1% on a monthly … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s ZEW economic survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the CHF and closed at 0.9371. Yesterday, the SNB President, Thomas Jordan, signalled that the central bank stands prepared to intervene in the foreign exchange market … Continue reading

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