Monthly Archives: February 2015

USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 118.45, extending its previous session losses. In the Asian session, at GMT0400, the pair is trading at 118.62, with the USD … Continue reading

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GBP/USD: Pound trading higher ahead of UK’s CPI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.30% against the USD and closed at 1.5360, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1.5373, with the GBP … Continue reading

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Trading Signals as per 16-February-2015

Pair Action Status Stop Loss Take Profit AUD/USD BUY Active 0.7738 0.7808 EUR/JPY SELL Active 136.02 135.12 USD/JPY SELL Active 119.12 118.42 EUR/USD BUY Active 1.1378 1.1448 GBP/USD BUY Active 1.5378 1.5468 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 on a weaker footing this morning

Crude Oil Movement On Friday, Crude Oil prices advanced 2.87% against the USD for the period ending 21:00GMT, closing at 52.71, following an upbeat 4Q GDP data in the Euro-zone, thereby raising the demand prospects of the commodity. In the … Continue reading

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

Silver Movement On Friday, Silver prices rose 2.67% to USD 17.29 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.315, with the silver trading 0.14% … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement On Friday, Gold prices traded higher by 0.47% against the USD in the period ending 21:00GMT, at 1228.60 per ounce, after the US Michigan consumer confidence index unexpectedly fell in February, from an 11-year high recorded in prior … Continue reading

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AUD/USD: Aussie extends its gains this morning

AUDUSD Movement On Friday, the AUD strengthened 0.34% against the USD to close at 0.7766, extending its previous session gains. LME Copper prices rose 0.63% or $36.0/MT to $5731.0/MT. Aluminium prices rose 0.74% or $13.5/MT to $1831.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement On Friday, the USD declined 0.32% against the CAD to close at 1.2471. On the macro front, manufacturing shipments in Canada rebounded more than expected by 1.7% on a monthly basis in December, against market expectations of 1.0%. … Continue reading

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

USDCHF Movement On Friday, the USD rose 0.24% against the CHF and closed at 0.9332. In economic news, producer and import prices in Switzerland eased slid 0.6% on a monthly basis in January. It had fallen 0.4% in December. In … Continue reading

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USD/JPY: Japanese economy rebounded from recession in 4Q 2014

USDJPY Movement On Friday, the USD weakened 0.32% against the JPY and closed at 118.78. In the Asian session, at GMT0400, the pair is trading at 118.44, with the USD trading 0.29% lower from Friday’s close. Overnight data showed that … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement On Friday, GBP rose 0.15% against the USD and closed at 1.5406, after Britain’s CB leading economic index rose 0.1% in December, after dropping 0.3% in the preceding month. In the Asian session, at GMT0400, the pair is … Continue reading

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