USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement On Friday, the USD strengthened 1.27% against the JPY and closed at 109.75. In the Asian session, at GMT0300, the pair is trading at 109.58, with the USD trading 0.15% lower from Friday’s close. The pair is expected … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement On Friday, GBP declined 1.07% against the USD and closed at 1.5976, after data revealed that the UK services PMI eased to a 3-month low in September to 58.7, lower than market expectations of a fall to 59.0 … Continue reading

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EUR/USD: Euro trading higher, ahead of the German factory orders data

EURUSD Movement On Friday, EUR declined 1.24% against the USD and closed at 1.2513, the Euro-zone’s services PMI fell to 52.4 in September, after registering a reading of 53.1 in the prior month. Elsewhere, the services PMI in Italy registered … Continue reading

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Trading Signals as per 03-October-2014

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2712 1.2612 USD/CHF SELL Active 0.9622 0.9542 GBP/USD BUY Active 1.6018 1.6138 USD/JPY BUY Active 108.28 109.38 AUD/USD SELL Active 0.8822 0.8732 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 above its MA’s

Crude Oil Movement Crude Oil prices advanced 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 91.10, as an upbeat initial jobless claims data in the US raised the demand outlook of the commodity from the … Continue reading

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Silver: White metal reverses its losses this morning

Silver Movement Silver prices declined 0.41% to USD 17.09 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.135, with the silver trading 0.26% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1215.00 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at … 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 0.65% against the USD to close at 0.8797. LME Copper prices declined 0.91% or $61.5/MT to $6693.5/MT. Aluminium prices declined 1.53% or $29.0/MT to $1869.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.1158. In the Asian session, at GMT0300, the pair is trading at 1.1171, with the USD trading 0.12% higher from … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CHF and closed at 0.9538. Yesterday, the SNB Chairman, Thomas Jordan, hinted that the central bank did not expect interest rate in the nation to … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.64% against the JPY and closed at 108.37. In the Asian session, at GMT0300, the pair is trading at 108.79, with the USD trading 0.39% higher from yesterday’s … Continue reading

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