Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded higher by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1163.50 per ounce, reversing its losses amid a broad weakening in the greenback. Meanwhile, holdings in the SPDR Gold Trust slumped … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.85% against the USD to close at 0.8695. LME Copper prices declined 0.71% or $47.5/MT to $6688.0/MT. Aluminium prices declined 1.13% or $23.0/MT to $2018.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.1339. In the Asian session, at GMT0400, the pair is trading at 1.1345, with the USD trading a tad higher from … Continue reading

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USD/CHF: Swiss Franc reverses its gains this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CHF and closed at 0.9646. In the Asian session, at GMT0400, the pair is trading at 0.9653, with the USD trading 0.07% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.91% against the JPY and closed at 115.89. The Japanese currency lost ground, after Japan’s Eco Watchers Survey index for current situation fell more than expected to a … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s crucial quarterly inflation report

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.5920, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1.5911, with the GBP … Continue reading

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EUR/USD: Euro trading lower ahead of the Euro-zone’s industrial production data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.40% against the USD and closed at 1.2474, rebounding from its earlier session losses. In the US, the NFIB small business optimism index rose to a level of … Continue reading

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Trading Signals as per 11-November-2014

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 114.58 115.48 AUD/USD BUY Active 0.8578 0.8648 USD/CHF SELL Active 0.9732 0.9662 GBP/CHF BUY Active 1.5288 1.5388 EUR/CHF BUY Active 1.1990 1.2180 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading lower ahead of the weekly crude oil data from the API

Crude Oil Movement Crude Oil prices declined 1.82% against the USD for the 24 hour period ending 23:00GMT, closing at 77.22, amid rising speculations that the Organization of Petroleum Exporting Countries (OPEC) would not decrease its production output in its … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices declined 0.86% to USD 15.60 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.525, with the silver trading 0.45% lower … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 1.89% against the USD in the 24 hour period ending 23:00GMT, at 1151.60 per ounce, amid a broad strength in the US Dollar. Meanwhile, holdings in the SPDR Gold Trust declined for the … Continue reading

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