Monthly Archives: March 2015

AUD/USD: Aussie reverses its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.7827. LME Copper prices rose 0.57% or $34.5/MT to $6128.0/MT. Aluminium prices marginally declined to $ 1786.5/MT. In the Asian session, … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2503. Yesterday, a leading bank of Canada slashed its growth estimates for the first quarter to an annual pace of 0.5% … Continue reading

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USD/CHF: Swiss Franc trading on a higher footing ahead of the UBS Consumption Indicator data from Switzerland

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9647. In the Asian session, at GMT0300, the pair is trading at 0.9591, with the USD trading tad lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 119.74, after upbeat US inflation and housing data underpinned the case for an increase in interest rate by the Federal Reserve … Continue reading

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GBP/USD: British Pound loses momentum as UK CPI falls to 0

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.85% against the USD and closed at 1.4845, after official data revealed that the UK inflation rate dropped to zero in February on an annual basis, thereby strengthening … Continue reading

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EUR/USD: Fed should start hiking interest rates, Fed’s James Bullard

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.46% against the USD and closed at 1.0913. On the macro front, Euro-zone’s preliminary manufacturing PMI climbed to 51.90 in March, compared to a level of 51.00 in … Continue reading

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Trading Signals as per 24-March-2015

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.2458 1.2558 GBP/USD SELL Active 1.5052 1.4872 USD/JPY SELL Active 120.02 119.32 GBP/CHF SELL Active 1.4562 1.4402 AUD/USD SELL Active 0.7932 0.7822 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … 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 1.41% against the USD to close at 1.41%. In economic news, the CB leading index in Australia rose 0.4%in January, compared to a similar gain recorded in February. … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement Crude Oil prices advanced 2.82% against the USD for the 24 hour period ending 23:00GMT, closing at 47.44, boosted by a falling US Dollar, despite the market already facing a supply glut. In the Asian session, at … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices rose 1.13% to USD 16.98 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.86, with the silver trading 0.68% lower … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1189.00 per ounce, amid a broad weakness in the US Dollar. In the Asian session, at GMT0400, the pair is trading … Continue reading

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