GBP/USD: Pound trading on a weaker footing, ahead of UK’s seasonally adjusted nationwide house prices data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.68% against the USD and closed at 1.4345. Yesterday, the BoE Governor, Mark Carney, indicated that the decision of the US Fed to tighten its monetary in December … Continue reading

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EUR/USD: Euro trading tad lower, ahead of Germany’s GfK consumer confidence survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0867. In the US, the consumer confidence index surprisingly rose to a 4-month high level, after it advanced to a level … Continue reading

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Trading Signals as per 26-January-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0882 1.0832 USD/CAD BUY Active 1.4228 1.4348 AUD/USD SELL Active 0.6972 0.6902 NZD/USD SELL Active 0.6498 0.6426 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading on a weaker footing in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 7.18% against the USD and closed at 29.88, on concerns about global economic growth and persistent global supply surplus weighed on the commodity. Oil prices remained under … Continue reading

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Silver: White metal trading higher this morning

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 1.37% against the USD and closed at 14.25, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.31, with the silver … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 1.19% against the USD and closed at 1109.30, as the dollar edged lower on renewed weakness in oil and concerns about the Fed’s interest rate announcement scheduled this … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.83% against the USD and closed at 0.6949. LME Copper prices declined 0.31% or $14.0/MT to $4454.0/MT. Aluminium prices declined 1.17% or $17.5/MT to $1480.0/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 0.95% against the CAD and closed at 1.4277. In the Asian session, at GMT0400, the pair is trading at 1.4283, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 1.0124. In economic news, Switzerland’s total sight deposits inched up to CHF472.4 billion in the week ended 22 January, from CHF471.3 … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the JPY and closed at 118.58. In the Asian session, at GMT0400, the pair is trading at 118.16, with the USD trading 0.15% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.4248. On the economic front, UK’s CBI business optimism index climbed to a level of by -4.0 in January, from a … Continue reading

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