Monthly Archives: March 2015

USD/CHF: Swiss Franc extends its gains in the Asian session

USDCHF Movement On Friday, the USD declined 1.26% against the CHF and closed at 0.9769, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 0.9774, with the USD trading marginally higher from Friday’s … Continue reading

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USD/JPY: Japanese Yen extends its gains this morning

USDJPY Movement On Friday, the USD weakened 0.61% against the JPY and closed at 120.08. In the Asian session, at GMT0400, the pair is trading at 119.89, with the USD trading 0.16% lower from Friday’s close. Early this morning, the … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement On Friday, the GBP rose 1.22% against the USD and closed at 1.4943. In economic news, public sector net borrowing in the UK rose to £6.20 billion in February, as compared to market anticipations were for it to … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement On Friday, the EUR rose 1.32% against the USD and closed at 1.0809. In economic news, the producer price index in Germany recorded a rise of 0.10% MoM in February, less than market expectations for a rise of … Continue reading

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Trading Signals as per 20-March-2015

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0782 1.0622 USD/CHF BUY Active 0.9798 0.9928 GBP/USD BUY Active 1.4608 1.4828 USD/JPY SELL Active 121.22 120.52 EUR/JPY SELL Active 129.82 128.12 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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GBP/USD: Pound trading a tad higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.24% against the USD and closed at 1.4763, following dovish statement made by the BoE Chief Economist, Andrew Haldane that chances of a rate cut or hike by … Continue reading

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Crude Oil: Oil reverses its losses in the Asian session

Crude Oil Movement Crude Oil prices declined 1.93% against the USD for the 24 hour period ending 23:00GMT, closing at 43.73, amid a broad strength in the greenback and after a minister from the OPEC stated that the cartel had … Continue reading

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Silver: White metal trading higher this morning

Silver Movement Silver prices rose 1.16% to USD 16.13 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 16.13, with the silver trading 0.06% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1170.70 per ounce, extending its previous session gains, on the back of the Fed statement that the US central bank would … Continue reading

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AUD/USD: Australia to have a below average growth period, indicated the RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.42% against the USD to close at 0.7653. LME Copper prices rose 2.50% or $142.5/MT to $5835.0/MT. Aluminium prices rose 0.62% or $11.0/MT to $1782.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CAD to close at 1.2707, reversing from its previous session heavy losses. In the Asian session, at GMT0400, the pair is trading at 1.2688, with … Continue reading

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