Monthly Archives: January 2016

AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.33% against the USD to close at 0.6993. LME Copper prices declined 0.61% or $27.5 /MT to $4486.5 /MT. Aluminium prices rose 1.44% or $21.0 /MT to $1476.0 … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.4117. The Canadian dollar gained ground, after Canada’s unemployment rate remained steady at 7.1% in December, in line with investor expectations. … Continue reading

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USD/CHF: Swiss CPI fell, while unemployment rate remained steady in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9975. The Swiss Franc weakened after Switzerland’s consumer price index declined more-than-expected by 0.4% MoM in December, following a drop of … 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 strengthened 0.21% against the JPY and closed at 117.82, following the release of a robust US jobs report. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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EUR/USD: Euro trading higher in the Asian session, ahead of the Euro-zone’s Sentix investor confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0893, after the release of downbeat economic data in Germany. Data showed that, Germany’s seasonally adjusted trade balance declined to a … Continue reading

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Trading Signals as per 08-January-2016

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0102 0.9952 USD/JPY SELL Active 119.22 117.72 USD/CAD BUY Active 1.4018 1.4188 AUD/USD SELL Active 0.7092 0.6992 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading between its MA’s

Crude Oil Movement Crude Oil prices declined 2.49% against the USD for the 24 hour period ending 23:00GMT, closing at 33.31, falling to near 12-year lows, as a sharp slide in Chinese equity markets raised concerns about the economic outlook … Continue reading

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Silver: White metal trading lower this morning

Silver Movement Silver prices rose 2.07% to USD 14.31 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 14.215, with the silver trading 0.63% lower … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement Gold prices traded higher by 1.33% against the USD in the 24 hour period ending 23:00GMT, at 1108.60 per ounce, continuing its upward rally, as investors looked for solace in the safe-haven asset amid worries over China’s economic … Continue reading

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AUD/USD: Aussie trading on a stronger footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.72% against the USD to close at 0.7016. LME Copper prices declined 1.87% or $86.0/MT to $4514.0/MT. Aluminium prices declined 0.14% or $2.0/MT to $1455.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s December unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.4120. The CAD lost ground, after Canada’s seasonally adjusted Ivey purchasing managers index contracted for the first time in nine months … Continue reading

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