USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 1.0075. On the economic front, Switzerland’s M3 money supply rose by 1.6% YoY in December, compared to a revised gain of … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 4.71% against the USD and closed at 29.76, recovering from its earlier session losses. Yesterday, the Energy Information Administration’s (EIA) in its weekly report disclosed, that … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.39% against the USD and closed at 14.11. In the Asian session, at GMT0400, the pair is trading at 14.095, with the silver trading 0.07% lower from yesterday’s … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose marginally against the USD and closed at 1101.70. However, gold prices pared its gains, after the ECB Chief, Mario Draghi’s comment hinted at more stimulus in the euro-region. … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.18% against the USD and closed at 0.7005. LME Copper prices rose 0.67% or $29.0/MT to $4376.0/MT. Aluminium prices rose 0.58% or $8.5/MT to $1470.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.61% against the CAD and closed at 1.4265. In the Asian session, at GMT0400, the pair is trading at 1.4284, with the USD trading 0.13% higher from yesterday’s … Continue reading

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USD/JPY: Japan’s flash manufacturing PMI surprisingly fell in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the JPY and closed at 117.80. In the Asian session, at GMT0300, the pair is trading at 117.8, with the USD trading flat from yesterday’s close. … Continue reading

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GBP/USD: Pound trading on a weaker footing, ahead of UK’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.4225. In the Asian session, at GMT0400, the pair is trading at 1.4211, with the GBP trading 0.1% lower from yesterday’s … Continue reading

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EUR/USD: ECB held benchmark interest rate at 0.05%

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.17% against the USD and closed at 1.0871. Yesterday, the ECB held key interest rate at 0.05% but the ECB President, Mario Draghi, warned that the downside risks … Continue reading

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Trading Signals as per 21-January-2016

Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.4602 1.4402 USD/JPY BUY Active 116.08 117.58 EUR/JPY SELL Active 128.12 126.82 NZD/USD BUY Active 0.6378 0.6457 GBP/CHF BUY Active 1.4122 1.4312 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.07% against the USD and closed at 28.42, extending its previous session losses, as supply glut fears deepen. Yesterday, the American Petroleum Institute (API) disclosed that … Continue reading

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