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Technical Analysis

Light crude lost 2.27%

3/9/2015 8:24:35 AM

Light crude lost 2.27%   Oil (Light crude) dropped, once again, below $50/barrel, as it lost 2.27%. Metals did very bad over the weekend, as all four major metals lost over 1.80% each. Gold is down by 2.67%. Silver almost mirrored gold, as it dropped by 2.17%, shadowed by platinum which lost 1.80% and by copper, as it shed 1.94%.

USD did pretty good in today’s forex scene

3/5/2015 8:08:31 AM

USD did pretty good in today’s forex scene   U.S. Dollar (USD) did pretty good in today’s forex scene. Compared to USD, Canadian Dollar (CAD) lost 0.32%. British Pound (GBP) stayed even on the positive side, gaining 0.02%. European Euro (EUR) did very similar to GBP, but went up by 0.07%. Japanese Yen (JPY) lost one third of a percent and finally, Australian Dollar (AUD) went down by 0.63%.

After a minor growth, oil (light crude) stumbled by 5.53%

3/4/2015 8:45:09 AM

After a minor growth, oil (light crude) stumbled by 5.53%   After a minor growth, oil (light crude) stumbled by 5.53% and is at $48/barrel, two dollars lower. Natural gas mirrored oil and lost 5.77%, after it’s been growing for a few days Markets in Asia are sharply higher today Markets in Asia are sharply higher today. China leads the region “by a mile”, as Shanghai Composite Index soared up by 2.11%. Hong Kong’s Hang Seng is green as well, as it gained 0.50% ...

gold is down by 0.34%.

3/3/2015 8:10:04 AM

gold is down by 0.34%.   Oil (Light crude) is steady today, as it gained 0.48% and once again got a little bit closer to $50/barrel. Natural gas keeps on losing, as it fell down by 1.11%. Silver shed 1.01% today. Copper lost 1.19% and gold is down by 0.34%.   Asian Stock Markets Asian markets are mixed right now, with Hong Kong’s Hang Seng staying unchanged at 0.00%. Japan’s Nikkei 225 lost 0.19%, but China’s Shanghai Composite Index failed even more, losing ...

Yen drop following a change in the Chinese interest rate

3/2/2015 8:31:43 AM

Yen drop following a change in the Chinese interest rate   There were not a whole lot of changes in the forex world today. None of the major currencies changed by more than 0.20% against U.S. Dollar (USD). Starting with the ones that went down, Canadian Dollar (CAD) is even at -0.06%. In the red are the other English speaking countries, with British Pound (GBP) losing 0.18% and Australian Dollar (AUD) going down by 0.14%. European Euro (EUR) stays even at +0.02% and Japanese Yen (JPY) is ...

European Euro (EUR) climbed up by 0.42%

2/25/2015 8:31:22 AM

European Euro (EUR) climbed up by 0.42% Just like yesterday, there weren’t many big changes in today’s forex. Biggest difference happened to Australian Dollar (AUD), which went up by 0.54%. North from Australia, Japanese Yen (JPY) fell down by 0.18%. On the other side of the world, Canadian Dollar (CAD) added 0.36% more to its value versus U.S. Dollar (USD). Finally, in Europe, the two  main currencies traded like day and night, as European Euro (EUR) climbed up by 0.42% and British ...

AUD went down by 0.65%.

2/24/2015 8:17:58 AM

AUD  went down by 0.65%. Not a whole lot changes in the forex sphere today. The biggest change happened to Australian Dollar (AUD) which went down by 0.65%. Other than that, another loss happened in Europe, as the European Euro (EUR) dropped by 0.12%. Canadian Dollar (CAD) found itself up by a quarter of a percent. British Pound (GBP) and Japanese Yen (JPY) both stayed slightly positive, as they went up by 0.08% and 0.07%, respectively. North and South American Stock Markets North and ...

Japanese Yen left with a gain of 0.13%.

2/23/2015 8:22:31 AM

Japanese Yen left with a gain of 0.13%.   Currencies around the world did fairly good against the U.S. Dollar (USD) today. None of them gained a whole lot, but all of them gained some. Out of the major ones, Canadian Dollar (CAD) was the winner today with +0.33%. European Euro (EUR) was trailing CAD with a gain of 0.27% closely followed by another dollar, the Australian one (AUD), which went up by 0.24%. British Pound (GBP) was another gainer, as it climbed up by 0.14% and Japanese Yen ...

Euro lost 0.51% of its market price

2/19/2015 8:20:34 AM

Euro lost 0.51% of its market price   U.S. Dollar (USD) trades mixed against most of the major currencies around the world today. The British Pound (GBP) went up by 0.06% but European Euro (EUR) lost 0.51% of its market price. Way out east, Japanese Yen (JPY) jumped up by 0.65%. Australian Dollar (AUD) traded lower today as it lost 0.57% of its value. Canadian Dollar (CAD) shed 0.62%.   Commodities   Oil (Light crude) is reliving another drop, as it lost 2.93% which ...

Metals were trading slightly up

2/17/2015 8:56:40 AM

Metals were trading slightly up Oil (Light crude) made it across the $53/barrel line today, after it gained 1.25%. It is up by 15.5% in the past month and up by 11.58% in February alone. Metals were trading slightly up, but their values stayed nearly even. Gold gained 0.07%, silver was right behind gold after it gained 0.06% and platinum went up by 0.19%. Copper dropped by a negligible 0.08%. Sugar made the most out of today, soaring 2.70% higher.   U.S. Dollar (USD) gained value against ...