Monthly Archives: March 2015

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 119.68. In the Asian session, at GMT0400, the pair is trading at 119.83, with the USD trading 0.12% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s crucial interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.62% against the USD and closed at 1.5269, following downbeat Markit services PMI data in the UK. Yesterday, Britain’s Markit services PMI unexpectedly dropped to a level of … Continue reading

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EUR/USD: Euro trading lower ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.85% against the USD and closed at 1.1084, following mixed economic data in the Euro-zone and Germany. Data showed that, retail sales in the Euro-Zone climbed 1.1% MoM … Continue reading

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Trading Signals as per 04-March-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1118 1.1188 GBP/USD BUY Active 1.5288 1.5378 USD/CAD SELL Active 1.2552 1.2482 NZD/USD BUY Active 0.7508 0.7578 GBP/CHF BUY Active 1.4688 1.4788 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 EIA’s weekly data

Crude Oil Movement Crude Oil prices advanced 1.61% against the USD for the 24 hour period ending 23:00GMT, closing at 50.56, as geopolitical tensions escalated after Israeli Prime Minister, Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear … Continue reading

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Silver: White metal trading marginally higher footing this morning

Silver Movement Silver prices declined 0.67% to USD 16.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.30, with the silver trading marginally higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1204.60 per ounce, on the back of a robust German retail sales data that indicated that the Euro- economy was reviving, … Continue reading

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AUD/USD: Australia’s economic growth quickened in Q4 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.73% against the USD to close at 0.7816. Yesterday, the AIG performance of services index in Australia rose to 51.70 in February, up from previous month’s level of … Continue reading

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USD/CAD: Loonie trading lower ahead of the BoC’s crucial interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD to close at 1.2490. The CAD gained ground, following stronger than expected GDP data in Canada. The nation’s economy expanded 0.3% MoM in December, … Continue reading

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USD/CHF: Swiss GDP beats expectations in Q4

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9612. Losses in Swiss Franc were kept in check, after Switzerland’s GDP grew 0.6% on a quarterly basis in 4Q 2014, … 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 119.69. In the Asian session, at GMT0400, the pair is trading at 119.65, with the USD trading marginally lower from yesterday’s … Continue reading

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