Monthly Archives: March 2015

USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.2507. In the Asian session, at GMT0400, the pair is trading at 1.2543, with the USD trading 0.29% higher from yesterday’s … Continue reading

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USD/CHF: Swiss peg removal weakened the nation’s GDP outlook, indicated the IMF

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.35% against the CHF and closed at 0.9647. In economic news, Swiss M3 money supply rose 2.3% YoY in February, down from prior month’s rise of 2.9%. Separately, … 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 0.36% against the JPY and closed at 119.64. Yesterday, the Japanese Government upgraded its assessment of Japan’s economy for the first time in eight months, citing improvement in … Continue reading

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GBP/USD: Pound trading on a weaker footing ahead of Britain’s consumer prices data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.4972. Yesterday, data revealed that Britain’s CBI trends selling prices fell to a level of 4.00 in March, compared to a … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s manufacturing and services PMI data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.0963. In economic news, the preliminary consumer confidence index in the Euro-zone improved to -3.70 in March, compared to a reading … Continue reading

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Trading Signals as per 23-March-2015

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.5052 1.4852 AUD/USD SELL Active 0.7872 0.7792 NZD/USD BUY Active 0.7548 0.7678 EUR/GBP SELL Active 0.7297 0.7227 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement On Friday, Crude Oil prices advanced 6.04% against the USD for the period ending 21:00GMT, closing at 46.37, despite global stockpiles rising continuously. In the Asian session, at GMT0400, the pair is trading at 46.03, with the … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement On Friday, Silver prices rose 3.75% to USD 16.73 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.69, with the silver trading 0.24% … Continue reading

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Gold: Yellow metal reverses its gains this morning

Gold Movement On Friday, Gold prices traded higher by 1.01% against the USD in the period ending 21:00GMT, at 1182.50 per ounce, extending its previous session gains on the back of broad weakness in the greenback. Meanwhile, holdings in the … Continue reading

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AUD/USD: Aussie trading stronger this morning

AUDUSD Movement On Friday, the AUD strengthened 1.58% against the USD to close at 0.7774. LME Copper prices rose 1.46% or $85.0/MT to $5920.0/MT. Aluminium prices declined 1.09% or $19.5/MT to $1763.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement On Friday, the USD declined 0.99% against the CAD to close at 1.2581. The CAD gained ground, after consumer prices in Canada rebounded 0.2% on a monthly basis in February, following a similar drop registered in the preceding … Continue reading

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