USD/CHF: Swiss Franc trading lower, ahead of SNB’s interest rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.92% against the CHF and closed at 0.9833. The Swiss Franc gained ground, after Switzerland’s unemployment rate remained steady at 3.4% in November, meeting market expectations. In the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a weaker footing in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.03% against the JPY and closed at 121.63. In the Asian session, at GMT0400, the pair is trading at 121.65, with the USD trading marginally higher from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading tad lower, ahead of BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.16% against the USD and closed at 1.5184. In the Asian session, at GMT0400, the pair is trading at 1.5179, with the GBP trading marginally lower from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading on a weaker footing this morning

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.16% against the USD and closed at 1.1020, following hawkish comments from a European policymaker. ECB member, Ewald Nowotny stated that the financial community had “exaggerated expectations” of … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 9-December-2015

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4968 1.5078 USD/CAD BUY Active 1.3518 1.3598 AUD/USD SELL Active 0.7272 0.7202 EUR/JPY SELL Active 134.52 133.72 NZD/USD SELL Active 0.6672 0.6602 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices advanced 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 37.91, after an unexpected decline in US crude stockpiles. Yesterday, the American Petroleum Institute (API) reported that US crude oil … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 0.60% to USD 14.13 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 14.16, with the silver trading 0.21% higher from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing in the morning session

Gold Movement Gold prices traded higher by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1074.10 per ounce, amid a broad slump in global equity markets. In the Asian session, at GMT0400, the pair is trading … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australian home loan approvals slid in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.55% against the USD to close at 0.7221. LME Copper prices declined 0.54% or $25.0/MT to $4567.5/MT. Aluminium prices declined 2.40% or $36.0/MT to $1462.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canadian housing starts advanced in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD to close at 1.3584. In economic news, housing starts in Canada rose to a level of 211.9K in November, compared to market expectations of … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading tad lower, ahead of Switzerland’s unemployment data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9925. In the Asian session, at GMT0400, the pair is trading at 0.993, with the USD trading marginally higher from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off