Daily Archives: February 24, 2016

Trading Signals as per 24-February-2016

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 122.28 123.38 AUD/USD BUY Active 0.7158 0.7218 USD/CAD BUY Active 1.3718 1.3858 USD/JPY SELL Active 112.62 111.62 EUR/USD SELL Active 1.1052 1.0972 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.21% against the USD and closed at 31.46, after Saudi Arabia’s oil minister, Ali Al-Naimi, shattered hopes for output cuts, coupled with a higher-than-expected build in US … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.82% against the USD and closed at 15.35, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading … Continue reading

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Gold: Yellow metal extends its gains this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.66% against the USD and closed at 1228.40, reversing its previous session losses, as a slump in global equity markets prompted investors to turn to the safe-haven yellow metal. … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.53% against the USD and closed at 0.7191. LME Copper prices declined 0.69% or $32.5/MT to $4663.5/MT. Aluminium prices rose 0.13% or $2.0/MT to $1575.0/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 0.54% against the CAD and closed at 1.3787. Yesterday, Canada’s Finance Minister, Bill Morneau, indicated that the nation needs an aggressive fiscal policy to deal with global economic … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9918. Yesterday, the Swiss National Bank Chairman, Thomas Jordan, cautioned that the central bank could not take “endless” steps to ease … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.8% against the JPY and closed at 112.01. In the Asian session, at GMT0400, the pair is trading at 111.82, with the USD trading 0.17% lower from yesterday’s … Continue reading

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GBP/USD: BoE could cut the interest rate to zero, stated the BoE Governor

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.9% against the USD and closed at 1.4025, after the BoE Governor, Mark Carney, hinted for additional stimulus in the economy. Yesterday, the BoE Governor, Mark Carney, in … Continue reading

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EUR/USD: Germany’s GDP rose as expected in Q4 2015

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1021. In economic news, Germany’s seasonally adjusted final GDP expanded by 0.3% QoQ in 4Q 2015, compared to a similar rise … Continue reading

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