Monthly Archives: January 2016

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.19% against the USD and closed at 1109.30, as the dollar edged lower on renewed weakness in oil and concerns about the Fed’s interest rate announcement scheduled this … 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 declined 0.83% against the USD and closed at 0.6949. LME Copper prices declined 0.31% or $14.0/MT to $4454.0/MT. Aluminium prices declined 1.17% or $17.5/MT to $1480.0/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.95% against the CAD and closed at 1.4277. In the Asian session, at GMT0400, the pair is trading at 1.4283, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 1.0124. In economic news, Switzerland’s total sight deposits inched up to CHF472.4 billion in the week ended 22 January, from CHF471.3 … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 118.58. In the Asian session, at GMT0400, the pair is trading at 118.16, with the USD trading 0.15% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4248. On the economic front, UK’s CBI business optimism index climbed to a level of by -4.0 in January, from a … Continue reading

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EUR/USD: Euro trading on a stronger footing in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.54% against the USD and closed at 1.0852. In economic news, Germany’s IFO business climate data declined more than expected to a level of 107.3 in January, suggesting … Continue reading

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Trading Signals as per 25-January2016

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 1.0098 1.0168 GBP/USD BUY Active 1.4188 1.4318 USD/JPY BUY Active 117.88 118.58 AUD/USD SELL Active 0.7012 0.6962 EUR/JPY SELL Active 128.72 127.72   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 6.22% against the USD and closed at 31.61, as the European Central (ECB) signalled that it would undertake more stimulus measures to lift the regional economy. … Continue reading

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

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.14% against the USD and closed at 14.09, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.11, with the silver … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.33% against the USD and closed at 1098.10, as hints of more monetary stimulus from the ECB dented demand for the yellow metal. In the Asian session, at … Continue reading

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