Monthly Archives: March 2015

Crude Oil: Oil trading below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 5.44% against the USD for the period ending 21:00GMT, closing at 48.34, after reports came in that sanctions against Iran would be lifted which could further escalate worries of oversupply in … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement On Friday, Silver prices declined 1.02% to USD 16.92 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the silver trading 0.15% … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement On Friday, Gold prices traded lower by 0.61% against the USD in the period ending 21:00GMT, at 1197.60 per ounce, after the Fed Chairperson, Janet Yellen indicated that the US Fed would increase its interest rates in 2015. … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 1.04% against the USD to close at 0.7749. LME Copper prices declined 1.35% or $84.0/MT to $6146.0/MT. Aluminium prices declined 0.64% or $11.5/MT to $1772.0/MT. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie extends its losses this morning

USDCAD Movement On Friday, the USD rose 1.03% against the CAD to close at 1.2610. In the Asian session, at GMT0300, the pair is trading at 1.2619, with the USD trading 0.07% higher from Friday’s close. The pair is expected … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s KOF leading indicator data

USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.9604. In the Asian session, at GMT0300, the pair is trading at 0.9619, with the USD trading 0.15% higher from Friday’s close. The pair is expected … Continue reading

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

USDJPY Movement On Friday, the USD traded marginally lower against the JPY and closed at 119.18. In the Asian session, at GMT0300, the pair is trading at 119.22, with the USD trading a tad higher from Friday’s close. Early morning … Continue reading

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GBP/USD: BoE’s next move would likely be a rate hike, said the BoE’s Governor

GBPUSD Movement On Friday, GBP rose 0.09%against the USD and closed at 1.4866. The BoE Governor, Mark Carney stated that the central bank was on track to increase interest rates in the UK, even though the nation was facing low … Continue reading

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

EURUSD Movement On Friday, the EUR rose 0.09% against the USD and closed at 1.0892. In economic news, Germany’s import price index rebounded 1.4% on a monthly basis in February, beating market expectations for an advance of 0.5% and following … Continue reading

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Trading Signals as per 27-March-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0972 1.0822 GBP/USD BUY Active 1.4758 1.4918 USD/CAD SELL Active 1.2562 1.2462 GBP/CHF BUY Active 1.4238 1.4368 AUD/USD BUY Active 0.7748 0.7838 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 between its MA’s

Crude Oil Movement Crude Oil prices advanced 4.56% against the USD for the 24 hour period ending 23:00GMT, closing at 51.12 and extending its previous session gains on the back of rising fears that escalation of battle between Yemeni rebels … Continue reading

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