Monthly Archives: March 2015

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

AUDUSD Movement On Friday, the AUD weakened 0.84% against the USD to close at 0.7717. LME Copper prices declined 0.50% or $29.5/MT to $5826.5/MT. Aluminium prices declined 0.17% or $3.0/MT to $1785.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement On Friday, the USD rose 1.17% against the CHF and closed at 0.9850, on the back of stronger than expected non-farm and jobless rate data in the US. On the macro front, the CPI in Switzerland unexpectedly eased … Continue reading

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USD/JPY: The Japanese GDP advanced less than expected in 4Q 2014

USDJPY Movement On Friday, the USD strengthened 0.52% against the JPY and closed at 120.73. In the Asian session, at GMT0400, the pair is trading at 121.06, with the USD trading 0.27% higher from Friday’s close. Early this morning, the … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement On Friday, GBP declined 1.36% against the USD and closed at 1.5042, following BoE’s downbeat assessment of the nation’s inflation growth for the next 12 months. The BoE’s expectation for the UK inflation over the next 12 months … Continue reading

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

EURUSD Movement On Friday, the EUR declined 1.58% against the USD and closed at 1.0855. In economic news, the Euro-zone’s economy grew 0.3% QoQ in the final quarter of 2014, in line with market expectations and compared to a growth … Continue reading

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Trading Signals as per 06-March-2015

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 131.48 132.78 NZD/USD SELL Active 0.7512 0.7432 USD/JPY SELL Active 120.42 119.72 GBP/USD BUY Active 1.5188 1.5278 EUR/USD BUY Active 1.0948 1.1058 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 in the Asian session

Crude Oil Movement Crude Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 51.02, reversing its previous session gains. During the day oil prices received support, amid supply concerns from Libya, after the … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement Silver prices declined 0.15% to USD 16.20 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 16.215, with the silver trading 0.09% higher … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1198.50 per ounce, amid a broad strength in the greenback. Meanwhile, holdings in the SPDR Gold Trust remained unchanged at 760.80 … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.47% against the USD to close at 0.7782. Yesterday, data showed that Australia’s AiG performance of construction index dropped to a level of 43.9 in February, following a … Continue reading

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USD/CAD: Loonie trading higher ahead of Canada’s building permits data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD to close at 1.2485. Canada’s seasonally adjusted Ivey PMI improved to a level of 49.7 in February, but still remained in contraction territory and … Continue reading

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