Official Trading Forex Arabic Representative

[TradingForexDeema]

Daily Market News from TradingForex 11 Feb 2013

Currencies News from TradingForex

EUR/USD
After a three day loss the euro reached its lowest in two weeks against the U.S. dollar. At 6:10 am London time it traded at 1.3384 dollars. The EUR/USD pair lost 0.02 percent in Asian trading, and traded at 1.3373 after touching its lowest in two weeks.

USD/JPY
The Japanese yen increased against the U.S. dollar and traded at 92.59 per dollars. The U.S. dollar, Japanese yen pair lost 0.22 percent and traded at 92.52. It is expected to find support at 91.59 and resistance at 94.05.

AUD/USD
At 12:51 pm Sydney time, the Australian dollar traded at 1.0316 dollars, after home loan approval. The Australian dollar, U.S. dollar pair traded at 1.0312 in Asian traded, losing 0.14 percent. It is expected to find support at 1.0254 and resistance at 1.0398.

GBP/USD
The British pound, U.S. dollar pair traded 1.5804 in Asian trading, losing 0.04 percent. The pair is expected to find support at 1.5632 and resistance at 1.5844.

Commodities News from TradingForex

Gold
Gold traded higher during today’s trading sessions.
Gold futures for March delivery gained 0.04 percent and traded at 1,667.55 dollars per troy ounce on the Comex in New York.
They are expected to find support at 1,653.35 dollars and resistance at 1,685.65.

Oil
After rising for four weeks, Brent oil reached its highest in 9 months. Brent for March settlement lost 17 cents and traded at 118.73 dollars a barrel at 5:35 pm Sydney time on the London based ICE Futures Europe exchange.
Sweet crude futures for March delivery gained 0.06 percent and traded at 95.78 dollars a barrel on the New York Mercantile exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 12 Feb 2013

Currencies News from TradingForex

EUR/USD
The euro did well and rose against almost all other major currencies, it gained 0.3 percent and traded at 1.3406 dollars at 5 pm New York time. The Euro, U.S. dollar pair traded at 1.3401 in Asian trading, a 0.03 percent decrease.

USD/JPY
After almost reaching its lowest in three years, the yen rose against the dollar by 0.3 percent, and at 2:47 pm Tokyo time it traded at 94.06 per dollar. The U.S. dollar Japanese yen pair lost 0.11 percent and traded at 94.24.

AUD/USD
The Australian dollar traded at 1.0255 dollars at 4:42 pm Sydney time. The Australian dollar U.S. dollar pair gained 0.03 percent and traded at 1.0259. It is expected to find support at 1.0256 and resistance at 1.0325.

GBP/USD
The British pound, U.S. dollar pair traded at 1.5660.

Commodities News from TradingForex

Gold

Gold fell to its one month low.
Gold for immediate delivery traded at 1,642.90 dollars an ounce losing 0.3 percent. At 1:06 pm Singapore time it traded at 1,646.81 dollars an ounce.

Oil

West Texas Intermediate reached its highest level in over a week.
Crude for March delivery lost 14 cents and traded at 96.89 dollars a barrel at 4:11 pm Sydney time on the New York Mercantile exchange.
Brent for March settlement gained 7 cents and traded at 118.20 dollars a barrel on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 13 Feb 2013

Currencies News from TradingForex

EUR/USD
The Euro U.S. dollar lost 0.03 percent in today’s Asian trading and was at 1.3451.

USD/JPY
The yen continues rising for the second day against the other major currencies. At 6:38 this morning London Time, it traded at 93.05 per dollar a 0.5 percent increase. This increase is correlated with the fall in temperatures in Japan which have increased consumption and helped Prime Minister Shinzo Abe’s campaign. The pair lost 0.18 percent in Asian trading and was at 93.31.

AUD/USD
The Australian dollar rose from its four month low and gained against its peers. It traded at 1.0343 dollars at 4:52 pm Sydney time a 0.4 percent increase. The Australian dollar U.S. dollar pair was at 1.0345 in Asian trading, a 0.34 percent increase. It is expected to find support at 1.0249 and resistance at 1.0258.

GBP/USD
The British pound lost and is now at its lowest in six months. The British pound U.S. dollar pair lost 0.04 percent in today’s Asian trading and was at 1.5652. It is expected to find support at 1.5547 and resistance at 1.5810.

Commodities News from TradingForex

Gold
Gold Futures for March delivery gained 0.17 percent and traded at 1,652.35 dollars per troy ounce on the Comex in New York.
They are expected to find support at 1,626.05 and resistance at 1,670.25 dollars.

Oil
Crude for March delivery gained 9 cents and at 1:05 pm Singapore time it traded at 97.60 dollars a barrel in electronic trading on the New York Mercantile exchange.
Brent oil for March settlement lost 5 cents and traded at 118.61 dollars a barrel on the London based ICE futures Europe exchange. Brent oil for March delivery expires today.
Brent oil for April delivery lost 8 cents and traded at 117.67 dollars a barrel.

 

[TradingForexDeema]

Daily Market News from TradingForex 14 Feb 2013

Currencies News from TradingForex

EUR/USD
While other currencies fluctuated, the dollar rose against most of its major peers. The Euro U.S. dollar pair lost 0.03 percent and traded at 1.3450.

USD/JPY
The yen’s two day gain came to an end after the Bank of Japan announced its decision to not change its asset purchases. It fell 0.2 percent against the dollar and at 6:40 am London time it traded at 93.57 per dollar. The pair gained 0.05 percent and traded at 93.47. It is expected to find support at 92.16 and resistance at 94.39.

GBP/USD
The British pound fell against all 16 major currencies after the Bank of England announced that the currency will not be growing rapidly. The dollar reached its highest in 6 months against the pound. The pair lost 0.75 percent and traded at 1.5543. It is expected to find support at 1.5492 and resistance at 1.5689.

Commodities News from TradingForex

Gold
Gold for immediate delivery was at 1,644.65 dollars an ounce yesterday.
Gold futures for April delivery lost 0.03 percent and traded at 1,644.55 per troy ounce in today’s sessions, on the Comex in New York. They are expected to find support at 1,639.65 and resistance at 1,670.25.

Oil
West Texas Intermediate oil for March delivery gained 14 cents and traded at 97.15 dollars a barrel in electronic trading on the New York Mercantile exchange, at 2:10 pm Singapore time.
Brent for April settlement gained 7 cents and traded at 117.95 dollars a barrel on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 15 Feb 2013

Currencies News from TradingForex

EUR/USD
The euro fell 0.7 percent against the U.S. dollar reaching its lowest in three weeks against its U.S. per. As of 5 pm New York time it traded at 1.3363 dollars, after getting to its lowest since the 24th of January at 1.3315 dollars. The Euro U.S. dollar pair lost 0.07 percent in today’s Asian trading and was at 1.3354.

USD/JPY
The Japanese yen continues rising, and for the fourth day it rose against the U.S. dollar. It gained 0.2 percent and at 6:36 am London time it traded at 92.67. The U.S. dollar Japanese yen pair lost 0.02 percent in today’s Asian trading and was at 92.86. It is expected to find support at 92.35 and resistance at 94.45.

GBP/USD
The British pound fell for a second day against its U.S. rival. It lost 0.1 percent and traded at 1.5521 dollars. The British pound, U.S. dollar pair gained 0.07 percent in today’s trading and was at 1.5504.

Commodities News from TradingForex

Gold
Gold for immediate delivery was at 1,633.55 dollars an ounce from 11:48 am Singapore time, losing 0.3 percent.
Bullion for April delivery on the Comex in New York, lost 0.1 percent and was at 1,633.30.

Oil
Crude for March delivery lost 8 cents and traded at 97.23 dollars a barrel at 3:00 pm Singapore time, in electronic trading on the New York Mercantile Exchange.
Brent for April settlement lost 15 cents and traded at 117.85 dollars a barrel, on the London based ICE futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 18 Feb 2013

Currencies News from TradingForex

EUR/USD
Despite recent gains from the euro against the dollar, the U.S. dollar traded higher than most other major currencies including the Euro. The Euro U.S. dollar pair lost 0.17 percent in today’s Asian trading and was at 1.3341.

USD/JPY
The yen’s series of losses have made it the least successful currency for the past three months. It continued its decrease against the dollar and lost 0.5 percent and at 6:51 am London time it traded at 93.96 per dollar. The U.S. dollar Japanese yen pair gained 0.73 percent in today’s Asian trading and was at 94.22. It is expected to find support at 92.24 and resistance at 94.41.

AUD/USD
The Australian dollar lost for the third consecutive day against the U.S. dollar. The Australian dollar, U.S. dollar pair lost 0.22 percent in today’s Asian trading and traded at 1.0289. It is expected to find support at 1.0226 and resistance at 1.0373.

GBP/USD
The pound traded lower against the U.S. dollar in today’s trading. The British pound U.S. dollar pair lost 0.20 percent and traded at 1.5486. It is expected to find support at 1.5461 and resistance at 1.5689.

Commodities News from TradingForex

Gold
Spot gold gained 0.6 percent and at 11:56 am Singapore time it traded at 1,614.90 dollars an ounce.
Gold for April delivery on the Comex in New York gained 0.3 percent and traded at 1,614.60 dollars an ounce.

Oil
Crude for March delivery lost 41 cents and at 2:19 pm Singapore time it traded at 95.67 dollars a barrel in electronic trading on the New York Mercantile exchange.
Brent for April settlement added 15 cents and traded at 117.81 dollars a barrel on the London based ICE futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 19 Feb 2013

Currencies News from TradingForex

EUR/USD
The dollar which is higher than most of its peers during today’s sessions rose against Europe’s shared currency. The Euro U.S. dollar pair lost 0.04 percent in today’s Asian trading and was at 1.3347.

USD/JPY
The dollar lost against the Japanese yen by 0.1 percent and starting 11:12 am Tokyo time it was at 93.90 yen. Expectations have the dollar trading at 90 yen through the next weeks before reaching 99.74. The U.S. dollar Japanese yen pair slid 0.23 percent in today’s Asian trading, and was at 93.75. It is expected to find support at 92.23 and resistance at 94.41.

AUD/USD
The Australian dollar rose against the U.S. dollar during today’s sessions. The Australian dollar, U.S. dollar pair gained 0.15 percent and traded at 1.0323. The pair is expected to find support at 1.0250 and resistance at 1.0325.

GBP/USD
The British pound lost 0.4 percent against its U.S. rival reaching its lowest in seven months. As of 5:02 pm London time it traded at 1.5464. The pair lost 0.01 percent and traded at 1.5466.

Commodities News from TradingForex

Gold

Gold rose after a week of continuous decline through which it almost reached its lowest level in 6 months.
Gold for immediate delivery traded at 1,614.05 dollars an ounce at 9:42 am Singapore time, gaining 0.3 percent.

Oil

West Texas Intermediate for March delivery lost 61 cents and at 3:41 pm Sydney time it was at 95.53 dollars a barrel, in electronic trading on the New York Mercantile exchange. WTI for March delivery expires tomorrow.
West Texas Intermediate for April delivery lost 37 cents and was at 96.04 dollars a barrel.
Brent oil for April settlement gained 4 cents and traded at 117.42 dollars a barrel.

 

[TradingForexDeema]

Daily Market News from TradingForex 20 Feb 2013

Currencies News from TradingForex

EUR/USD
The U.S. dollar has traded with mixed ups and downs during today’s sessions. The euro U.S. dollar pair gained 0.22 percent in today’s Asian trading, and was at 1.3419.

USD/JPY
The Japanese yen found footing against the dollar rising 0.4 percent and trading at 93.58 per dollar from 5:00 pm New York time. The U.S. dollar Japanese yen pair gained 0.11 percent in today’s Asian trading and was at 93.67.

AUD/USD
After a streak of losses the Australian dollar strengthened against 15 of its 16 major rivals. It gained 0.5 percent in New York and traded at 1.0356 dollars. The pair lost 0.06 percent in today’s Asian trading, and was at 1.0350. It is expected to find support at 1.0274, and resistance at 1.0378.

GBP/USD
The dollar gained against the pound in today’s trading, and the British Pound U.S. dollar pair lost 0.30 percent and was at 1.5402.

Commodities News from TradingForex

Gold
Gold continues to trade higher during today’s sessions, after breaking its week long losses and gaining for the first time yesterday.
Gold futures for April delivery gained 0.24 percent and were at 1,608.10 dollars per troy ounce on the Comex in New York.
Spot gold rose 0.3 percent and as of 2:03 pm Singapore time it traded at 1,607.40 dollars an ounce.

Oil
West Texas Intermediate for March delivery gained 4 cents and traded at 96.70 dollars a barrel at 1:42 pm in electronic trading on the New York Mercantile exchange.
WTI for April delivery gained 2 cents and traded at 97.13 dollars a barrel.
Brent for April settlement lost 22 cents and traded at 117.30 dollars a barrel on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 21 Feb 2013

Currencies News from TradingForex

EUR/USD
The U.S. dollar traded higher than most of its peers since yesterday’s trading. It added 0.8 percent against the euro and went up to 1.3283 dollars per euro at 5 pm New York Time. The euro fell against the U.S. dollar by 0.2 percent trading at 1.3255 dollars. The pair lost 0.05 percent in today’s Asian trading and was at 1.3278.

USD/JPY
The dollar which has gained against most major currencies, traded lower than the Japanese yen at 93.57 yen. The U.S. dollar Japanese yen pair lost 0.11 percent in today’s Asian trading and was at 93.48. It is expected to find support at 92.23 and resistance at 94.22.

AUD/USD
The Australian dollar declined against most major currencies, after yesterday’s drop which was the biggest one day drop since 4 weeks. It lost 0.2 percent and starting 4:46 pm it fell to 1.0233 dollars. The pair lost 0.17 percent it today’s Asian trading and was at 1.0241.

GBP/USD
The British pound U.S. dollar pair gained 0.2 percent in today’s Asian trading and was at 1.5230.

Commodities News from TradingForex

Gold
Gold for immediate delivery lost 0.6 percent and at 1:27 pm Singapore time it traded at 1,562.50 dollars an ounce.
Bullion for April delivery on the Comex in New York lost 1.5 percent and traded at 1,554.30 dollars an ounce.

Oil
West Texas Intermediate for April delivery lost 92 cents and as of 2:15 pm Singapore time it traded at 94.49 dollars a barrel in electronic trading on the New York Mercantile exchange.
Brent oil for April delivery lost 64 cents and fell to 114.94 dollars a barrel on the London based ICE futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 22 Feb 2013

Currencies News From TradingForex

EUR/USD
For the first time in 6 weeks the euro declined by 1.32 dollars. It lost 0.7 percent against the U.S. dollar and at 5pm New York time it was at 1.3190 dollars. The Euro U.S. dollar pair lost 0.83 percent in yesterday’s Asian trading and was at 1.3174.

USD/JPY
The U.S. dollar traded higher than its Japanese counterpart. The U.S. dollar Japanese yen pair gained 0.14 percent it today’s Asian trading and was at 93.25. It is expected to find support at 92.21 and resistance at 94.45.

AUD/USD
The Australian dollar gained 0.7 percent and as of 4:49pm Sydney time it traded at 1.0314 dollars. The Australian dollar, U.S. dollar pair gained 0.49 percent in today’s Asian trading and was at 1.0299. It is expected to find support at 1.0409 and resistance at 1.0320.

Commodities News from TradingForex

Gold
Gold for immediate delivery gained 0.5 percent and as of 12:24 pm Singapore time it traded at 1,583.75 dollars an ounce.
Bullion for April delivery on the Comex in New York added 0.3 percent and traded at 1,582.90 dollars an ounce.

Oil
West Texas Intermediate for April delivery gained 52 cents and as of 2:25 pm Singapore time it traded at 93.22 dollars a barrel, in Electronic trading on the New York Mercantile exchange.
Brent Crude for April delivery gained 0.6 percent and traded at 114.19 dollars a barrel on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 25 Feb 2013

Currencies News from Trading Forex

EUR/USD
The U.S. dollar is trading high against most of its major peers. The Euro U.S. dollar pair lost 0.04 percent in today’s Asian trading and was at 1.3183 dollars, after going as high as 1.3195.

USD/JPY
The Japanese yen dropped against the U.S. dollar by 0.7 percent and starting 2:34 pm Tokyo time it traded at 94.09 per dollar. The U.S. dollar Japanese yen pair gained 0.85 percent in today’s Asian trading and was at 94.16. It is expected to find support at 92.66 and resistance at 94.54.

AUD/USD
The Australian dollar fell against most other major currencies. It slid 0.4 percent and was at 1.0268 dollar, at 4:59 pm Sydney time.

GBP/USD
The British pound dropped to its lowest since July 2010 against the U.S. dollar. It lost 0.6 percent yesterday in New York and traded at 1.5163 dollars. The British pound U.S. dollar pair lost 0.34 percent in today’s Asian trading and was at 1.5123. It is expected to find support at 1.5074 and resistance at 1.6451.

Commodities News from TradingForex

Gold

Gold for immediate delivery as of 1:50 pm Singapore time traded at 1,585.32 dollars an ounce.
In today’s Asian trading Gold Futures for April delivery on the Comex in New York, were at 1,577.80 dollars per troy ounce, up 0.32 percent. They are expected to find support at 1,554.80 and resistance at 1,609.00.

Oil

West Texas Intermediate for April delivery lost 8 cents and it traded from 1:19 pm Singapore time at 93.05 dollars a barrel, in electronic trading on the New York Mercantile exchange.
Brent Oil for April delivery lost 19 cents, and traded at 113.91 dollars a barrel on the London-based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 26 Feb 2013

Currencies News from TradingForex

EUR/USD
The Euro fell against most other major currencies and it fell to its lowest in 6 weeks against the U.S. dollar at 1.3039. At 5:40 am London time it traded at 1.3053 a 0.1 percent loss. The Euro U.S. dollar pair gained 0.14 percent in today’s Asian trading, and was at 1.3083.

USD/JPY
The yen fell against the U.S. dollar in today's trading, after a high performance yesterday. The U.S. dollar Japanese yen pair gained 0.61 percent in today’s Asian trading, and was at 92.39. It is expected to find support at around 92 and resistance at 94.45.

AUD/USD
The Australian dollar rose against most major currencies. The so called Aussie added 0.1 percent and from 3:53 pm Sydney time it traded at 1.0268 dollars. The Australian dollar, U.S. dollar pair gained 0.22 percent in today’s Asian trading and was at 1.0280. It is expected to find support at 1.0238 and resistance at 1.0320.

GBP/USD
The British pound lost against most of the other major currencies, and it fell to its lowest level almost two years and a half against the dollar at 1.5073. It lost 0.3 percent and at 5:20 pm London time it was at 1.5119 dollars. The British Pound U.S. dollar pair gained 0.06 percent in Asian trading and was at 1.5172.

Commodities News from TradingForex

Gold
Gold for April delivery on the Comex in New York was at 1,592.80 dollars an ounce, at 1:49 pm Singapore time.
Spot gold traded at 1,597.15 dollars an ounce from 11:25 am Singapore time.

Oil
Brent Oil for April delivery lost 1.14 dollars and traded at 113.30 dollars a barrel on the London based ICE Futures Europe exchange.
West Texas Intermediate for April delivery lost 1.19 dollars, and as of 2:05 pm Singapore time it traded at 92.35 dollars a barrel in electronic trading on the New York Mercantile Exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 27 Feb 2013

Currencies News from TradingForex

EUR/USD
The euro fell to its lowest since the 7th of January at 1.3018 dollars, and at 2:44 pm Tokyo time it was at 1.3063 dollars.

USD/JPY
The dollar fell lower than the Japanese yen in today’s trading. The U.S. dollar Japanese yen pair lost 0.11 percent in today’s Asian trading and was at 91.88. The pair is expected to find support at 90.32 and resistance at 92.74.

AUD/USD
The U.S. dollar traded higher than the Australian dollar in today’s Asian trading. The AUD/USD pair lost 0.13 percent in today’s Asian trading and was at 1.0216. It is expected to find support at 1.0221 and resistance at 1.0292.

Commodities News from TradingForex

Gold
Gold in Tokyo traded at 1,612.20 dollars an ounce as of 12:27 pm Tokyo time.
Spot Gold lost 0.1 percent and as of 1:17 pm Singapore time it traded at 1,611.55 dollars an ounce.
Gold for April delivery on the Comex in New York lost 0.3 percent and traded at 1,610.70 dollars an ounce.

Oil
Brent crude for April delivery added 5 cents and traded at 112.76 dollars a barrel on the London based ICE Futures Europe exchange.
West Texas Intermediate for April delivery on the New York Mercantile exchange has stayed steady at 92.63 dollars a barrel.

 

[TradingForexDeema]

Daily Market News from TradingForex 1 March 2013

Currencies News from TradingForex

EUR/USD
The euro fell against most of its rivals, and it is expected to continue its week of declines. It however gained 0.2 percent against the U.S. dollar and at 6:05 am London time it was at 1.3078 dollars. The Euro U.S. dollar pair gained 0.10 percent in today’s Asian trading and was at 1.3071.

USD/JPY
The U.S. dollar rose against the Japanese yen in today’s trading. The U.S. dollar Japanese yen gained 0.09 percent and was at 92.64 in Asian trading. It is expected to find support at 91.12 and resistance at 94.02.

AUD/USD
The Australian dollar gained against most major currencies, it rose 0.2 percent against the dollar, and as of 4:48 pm Sydney time it was at 1.0235.

Commodities News from TradingForex

Gold
At 1:47 pm Singapore time Gold for immediate delivery traded at 1,579.22 dollars an ounce.
Bullion for April delivery on the Comex in New York was at 1,557.70 dollars an ounce.

Oil
West Texas Intermediate for April delivery lost 25 cents and as of 2:32 pm Singapore time it traded at 91.80 dollars a barrel in electronic trading on the New York Mercantile exchange.
Brent oil for April delivery lost 48 cents and traded at 110.90 dollars a barrel on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 4 March 2013

Currencies News from TradingForex

EUR/USD
The U.S. dollar has been trading higher than the euro and most of its rivals. The Euro U.S. dollar pair lost 0.04 percent and was at 1.3013. it is expected to find support at 1.2983 and resistance at 1.3300.

USD/JPY
The Japanese yen rose versus most major currencies. It added 0.2 percent against the dollar, and at 6:46 am London time it reached 93.37 per dollar. The U.S. dollar Japanese yen pair lost 0.17 percent in today’s Asian trading, and was at 93.39. It is expected to find support at 92.00 and resistance at 94.55.

AUD/USD
The Australian dollar, decreased to its lowest in 8 months. It lost 0.8 percent and at 4:49 pm Sydney time it traded at 1.0125 dollars. The Australian/U.S. dollar pair lost 0.46 percent in today’s Asian trading and was at 1.0156. It is expected to find support at 0.9700 and resistance at 1.0553.

GBP/USD
The British pound traded lower against U.S. dollar in today’s trading. The British pound U.S. dollar pair lost 0.001 percent in today’s Asian trading and was at 1.0534. It is expected to find support at 1.4986, and resistance at 1.5222.

Commodities News from TradingForex

Gold
Spot gold lost 0.6 percent and as of 11:35 am Singapore time it was at 1,578.40 dollars an ounce.
Gold for April delivery on the Comex in New York gained 0.8 percent and traded at 1,577.70 dollars an ounce.

Oil
West Texas Intermediate for April delivery lost 24 cents and traded at 90.44 dollars a barrel, at 2:33 pm Singapore time, in electronic trading on the New York Mercantile exchange.
Brent oil for April delivery was at 110.39 dollars a barrel on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 6 March 2013

Currencies News from TradingForex

EUR/USD
The dollar fell against most other major currencies. It decreased by 0.1 percent against the euro and traded at 1.3065 dollars per euro at 6:30 am London time. The pair gained 0.05 percent in today’s Asian trading and was at 1.3071. It is expected to find support at 1.3009 and resistance at 1.3146.

USD/JPY
The dollar was weak against the Japanese yen, it lost 0.2 percent and as of 5pm New York time it was at 93.29 yen. The U.S. dollar Japanese yen pair lost 0.15 percent in today’s Asian trading and was at 93.16. It is expected to find support at 92.44 and resistance at 94.30.

AUD/USD
The Australian gained against most of its counterparts, it added 0.3 percent and as of 4:52 pm Sydney time it traded at 1.0285 dollars. The Australian/ U.S. dollar pair added 0.28 percent in today’s Asian trading and was at 1.0287. It is expected to find support at 1.0188 and resistance at 1.0290.

Commodities News from TradingForex

Gold
Gold for April delivery on the Comex in New York gained 0.22 percent and traded at 1,1578.30 dollars per troy ounce in today’s Asian trading. It is expected to find support at 1,568.80 and resistance at 1,619.40.

Oil
West Texas Intermediate for April delivery gained 14 cents and traded at 90.96 dollars a barrel in electronic trading on the New York Mercantile Exchange.

Brent Oil for April Settlement gained 62 cents and traded at 111.86 dollars a barrel as of 3:16 pm Singapore time on the London based ICE Futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 7 March 2013

Currencies News from TradingForex

EUR/USD
The Euro gained 0.2 percent against its U.S. counterpart after reaching its lowest in 3 months yesterday. It traded at 1.2995 dollars. The Euro U.S. dollar pair gained 13 percent in today’s Asian trading and was at 1.2984. It is expected to find support at 1.2928 and resistance at 1.3069.

USD/JPY
The yen rose slightly against its U.S. rival. After trading as high as 94.11 The U.S. dollar Japanese yen pair lost 0.11 percent in today’s Asian trading and was at 93.98. The pair is expected to find support at 92.92 and resistance at 94.50.

AUD/USD
The Australian dollar gained against most major currencies, It gained 0.2 percent and as of 4:45 pm Sydney time it traded at 1.0248 dollars. The pair added 0.10 percent in today’s Asian trading and was at 1.0245. It is expected to find support at 1.0193 and resistance at 1.0301.

Commodities from TradingForex

Gold
Spot gold traded at 1,581.39 dollars an ounce at 10:09 am Singapore time.
Gold for April delivery on the Comex in New York traded at 1,580 dollars an ounce a 0.3 percent increase.

Oil
West Texas Intermediate for April delivery lost 8 cents and at 3:13 pm Singapore time it traded at 90.35 dollars a barrel in electronic trading on the New York Mercantile Exchange.
Brent oil for April delivery lost 23 cents and traded at 110.83 dollars a barrel on the London based ICE futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 11 March 2013

Currencies News from TradingForex

EUR/USD
The Euro U.S. dollar pair lost 0.03 percent in today’s Asian trading and was at 1.2993.

USD/JPY
The U.S. dollar traded much higher than the Japanese yen reaching its three and a half year high against the Japanese currency. It gained 0.1 percent and at 6:51 am London time it was at 96.08 yen. The U.S. dollar Japanese yen pair added 0.11 percent in today’s Asian trading and was at 96.16. The pair is expected to find support at 92.92 and resistance at 96.56.

AUD/USD
The Australian dollar fell against most of its counterparts, it lost 0.2 percent and at 5:04 pm Sydney time it traded at 1.0221 dollars. The pair lost 0.10 percent in today’s Asian trading and was at 1.0278. It is expected to find support at 1.0278 and resistance at 1.0288.

GBP/USD
The British pound traded lower than its U.S. counterpart reaching its 2 and half year low against its peer. It lost 0.7 percent and from 4:45 pm London time it was at 1.4928 dollars. The pair traded at 1.4916 in today’s Asian trading a 0.03 percent increase. It is expected to find support at 1.4887 and resistance at 1.5154.

Commodities News from TradingForex

Gold

Gold futures for April delivery on the Comex in New York, lost 0.07 percent and traded at 1,575.80 dollars per troy ounce. They are expected to find support at 1,554.80 and resistance at 1,602.20.

Oil

West Texas Intermediate for April delivery lost 35 cents and as of 2:02 pm Singapore time it traded at 91.74 dollars on the New York Mercantile exchange.

Brent oil for April delivery lost 38 cents and traded at 110.47 dollars a barrel on the London based ICE futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 12 March 2013

Currencies News from TradingForex

EUR/USD
The dollar rose against almost all of its major peers in today’s trading including the euro. The Euro U.S. dollar pair lost 0.10 percent in today’s Asian trading and was at 1.3034.

USD/JPY
The Japanese yen continues to drop after reaching its 3 and a half year low against the dollar yesterday. It depreciated by 0.2 percent and at 2:21 pm Tokyo time it traded at 96.51 per dollar. The U.S. dollar Japanese yen pair gained 0.13 percent it today’s Asian trading and was at 96.59. It is expected to find support at 95.72 and resistance at 96.56.

AUD/USD
The Australian dollar continues its success once again rising against most of its peers including the U.S. dollar. The Australian/U.S. dollar pair gained 0.18 percent in today’s Asian trading and was at 1.0299. It is expected to find support at 1.0192 and resistance at 1.0284.

GBP/USD
The British pound lost 0.2 percent and traded at 1.4901 dollars. The British pound U.S. dollar pair lost 0.05 percent in today’s Asian trading and was at 1.4908.

Commodities News from TradingForex

Gold

Gold in London traded at 1,578.78 dollars an ounce a 5.8 percent decrease.
Gold for April delivery on the Comex in New York gained 0.11 percent and traded at 1,579.80 dollars per troy ounce. It is expected to find support at 1,560.60 and resistance at 1,584.80.

Oil

West Texas Intermediate for April delivery lost 37 cents and at 2:27 pm Singapore time it traded at 91.70 dollars a barrel in electronic trading on the New York Mercantile exchange.
Brent oil for April delivery lost 47 cents and traded at 109.75 dollars a barrel on the London based ICE futures Europe exchange.

 

[TradingForexDeema]

Daily Market News from TradingForex 13 March 2013

Currencies News from TradingForex

EUR/USD
The dollar traded higher than the euro, as it did against most major currencies. The Euro U.S. dollar pair lost 0.14 percent in today’s Asian trading and was at 1.3028.

USD/JPY
The Yen continues its success and has once again risen against most major currencies including the dollar. It gained 0.3 percent and at 6:46 am London time it was at 95.76 per dollar.

AUD/USD
The U.S. dollar traded higher against the Australian dollar in today’s trading. The Australian/U.S. dollar pair lost 0.07 percent in today’s Asian trading and was at 1.0318. It is expected to find support at 1.0249 and resistance at 1.0329.

GBP/USD
The pound fell to its lowest against the U.S. dollar in almost 3 years. The British pound U.S. dollar pair lost 0.15 percent in today’s Asian trading and was at 1.4892. It is expected to find support at 1.4688 and resistance at 1.4944.

Commodities News from Trading

Gold

Spot gold was at 1,593.20 dollars an ounce in Singapore at 12:10 pm.
Gold for April delivery on the Comex was at 1,592.70 dollars an ounce.

Oil

West Texas Intermediate for April delivery added 12 cents and as of 2:01 pm Singapore time it was at 92.66 dollars in electronic trading on the New York Mercantile exchange.
Brent oil for April delivery lost 25 cents and traded at 109.40 dollars a barrel on the London based ICE Futures Europe exchange.