Monthly Archives: March 2015

GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.29% against the USD and closed at 1.4892, after the BoE Governor, Mark Carney stated that the central bank was in no hurry to cut interest rates in … Continue reading

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Crude Oil: Oil trading higher in the Asian session

Crude Oil Movement Crude Oil prices declined 2.88% against the USD for the 24 hour period ending 23:00GMT, closing at 46.95, on supply glut concerns. In the Asian session, at GMT0400, the pair is trading at 47.1, with the gold … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement Silver prices rose 0.58% to USD 15.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.605, with the silver trading 0.19% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement Gold prices traded a tad lower against the USD in the 24 hour period ending 23:00GMT, at 1153.50 per ounce. Losses were trimmed, after retail sales in the US registered an unexpected drop in February, thus increased demand … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.26% against the USD to close at 0.7701. LME Copper prices rose 1.37% or $79.5/MT to $5865.5/MT. Aluminium prices declined 0.68% or $12.0/MT to $1742.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s jobless rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2690, following weak advance retail sales data for February in the US. On the macro front, the new housing price index … Continue reading

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USD/CHF: Swiss Fanc trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CHF and closed at 1.0028. In the Asian session, at GMT0400, the pair is trading at 1.0051, with the USD trading 0.23% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.06% against the JPY and closed at 121.36, following an unexpected decline in the US advance retail sales in February. In the Asian session, at GMT0400, the pair … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.71% against the USD and closed at 1.0626, on the back of positive CPI data in Germany. Data showed that consumer prices in Germany rose 0.9% on a … Continue reading

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Trading Signals as per 12-March-2015

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9998 1.0118 USD/JPY BUY Active 121.08 121.78 USD/CAD SELL Active 1.2802 1.2702 EUR/JPY BUY Active 127.08 128.78 GBP/USD SELL Active 1.5032 1.4882 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 below its MA’s

Crude Oil Movement Crude Oil prices declined 0.70% against the USD for the 24 hour period ending 23:00GMT, closing at 48.34, extending its previous session losses, after the Energy Information Administration (EIA) data showed that US crude oil inventories climbed … Continue reading

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