Monthly Archives: January 2016

Crude Oil: Oil trading on a weaker footing in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.91% against the USD and closed at 32.07, after Russia showed signs of co-operation with OPEC to reduce the global supply glut. Separately, the Energy Information Administration … Continue reading

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Silver: White metal trading on a weaker footing in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.07% against the USD and closed at 14.51. In the Asian session, at GMT0400, the pair is trading at 14.48, with the silver trading 0.17% lower from yesterday’s close. … Continue reading

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Gold: Gold reverses its gains this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.48% against the USD and closed at 1126.30, extending its previous session gains, after the US Federal Reserve kept interest rate unchanged, as expected and gave no clue on … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.45% against the USD and closed at 0.7026. LME Copper prices rose 0.14% or $6.5/MT to $4507.5/MT. Aluminium prices rose 1.86% or $27.5/MT to $1508.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.4093. In the Asian session, at GMT0400, the pair is trading at 1.4118, with the USD trading 0.18% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 1.0147. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator rose to a level of 1.62 in December, after recording … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing, ahead of Japan’s inflation data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the JPY and closed at 118.63. In the Asian session, at GMT0400, the pair is trading at 118.71, with the USD trading 0.07% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading tad higher, ahead of UK’s Q4 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.71% against the USD and closed at 1.4244, after downbeat UK mortgage data. The nation’s BBA mortgage approvals unexpectedly declined to a seven-month low level of 43.96K in … Continue reading

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EUR/USD: Euro trading tad lower, ahead of Germany’s flash consumer price index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.0899. In economic news, Germany’s GfK consumer confidence index remained steady at 9.4 points in February. The greenback lost ground after … Continue reading

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Trading Signals as per 27-January-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0828 1.0898 GBP/USD BUY Active 1.4218 1.4338 EUR/JPY BUY Active 128.08 128.88 GBP/CHF BUY Active 1.4432 1.4644 AUD/USD BUY Active 0.6988 0.7068   Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil extends its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 2.31% against the USD and closed at 30.57, rebounding from its previous losses, on hopes that the OPEC and non-OPEC members may cut crude production amid … Continue reading

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