Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1224.90 per ounce, extending its previous session gains triggered by the Fed’s dovish minutes of its latest monetary policy meeting. Meanwhile, … Continue reading

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AUD/USD: Aussie reverses its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.8762. Yesterday, the RBA’s Financial Stability Head, Luci Ellis stated that the low interest rates in Australia were boosting house prices … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s jobless rate

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD to close at 1.1186. In economic news, the new house price index in Canada advanced 0.3% on a monthly basis in August, marking its … Continue reading

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USD/CHF: Cap on Swiss Franc continues to remain a key tool: SNB’s Danthine

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9546. Yesterday, the SNB vice-chairman Jean-Pierre Danthine emphasised that the central bank’s policy of maintain cap on the Swiss Franc was … Continue reading

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USD/JPY: Japanese Yen trading higher ahead of the Japan’s consumer confidence index

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.23% against the JPY and closed at 107.91. In economic news, Japan’s machine tool orders rose 34.8% on an annual basis in September, after advancing 35.5% in the … Continue reading

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EUR/USD: Euro reverses its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.38% against the USD and closed at 1.2684, after German exports tumbled 5.8% on a monthly basis in August, marking its biggest decline since January 2009 and higher … Continue reading

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Trading Signals as per 9-October-2014

  Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2822 1.2702 USD/JPY BUY Active 106.98 108.08 AUD/USD BUY Active 0.8788 0.8909 USD/CAD SELL Active 1.1142 1.1062 GBP/USD SELL Active 1.6272 1.6142 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices rose 0.70% to USD 17.36 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.44, with the silver trading 0.46% higher … Continue reading

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Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement Crude Oil prices declined 0.82% against the USD for the 24 hour period ending 23:00GMT, closing at 87.82, after the Energy Information Administration (EIA) showed that the US crude oil inventories rose by 5.015 million barrels to … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement Silver prices rose 0.70% to USD 17.36 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.44, with the silver trading 0.46% higher … Continue reading

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Gold: Yellow metal continues its gains in the Asian session

Gold Movement Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1221.30 per ounce, after the Fed in its minutes of its latest monetary policy meeting remained dovish, indicating that the central … Continue reading

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