Daily Archives: July 15, 2014

Trading Signals as per 15-July-2014

  Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.3558 1.3628 GBP/USD BUY Active 1.7088 1.7178 USD/CAD BUY Active 1.0698 1.0768 AUD/USD SELL Active 0.9412 0.9342 GBP/CHF SELL Active 1.5362 1.5282 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil prices trading higher ahead of the API data

Crude Oil Movement Crude Oil prices advanced 0.10% against the USD for the 24 hour period ending 23:00GMT, closing at 100.93, reversing its initial losses triggered after Libya restored its oil production. However, oil prices climbed, after news emerged that … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 2.58% to USD 20.96 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.95, tad lower from yesterday’s close. Silver is … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading tad lower ahead of Fed’s Yellen’s testimony

Gold Movement Gold prices traded lower by 2.31% against the USD in the 24 hour period ending 23:00GMT, at 1308.50 per ounce, thereby reporting its largest daily drop of 2014, following a rally in global equity markets and amid profit … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie continues to be strong, reveals RBA’s minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.11% against the USD to close at 0.9395. LME Copper prices marginally rose or $3.5/MT to $ 7154.5/MT. Aluminium prices rose 0.9% or $ 16.5/MT to $ 1923.0/MT. … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canadian housing prices overvalued, warns Fitch

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0714. On the macro front, the Teranet and National Bank of Canada reported that housing price index in Canada on a … Continue reading

Posted in USD/CAD | Comments Off

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.8918. In the Asian session, at GMT0300, the pair is trading at 0.8922, with the USD trading marginally higher from yesterday’s … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: BoJ maintained its policy and slashes its economic forecast

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 101.54. In the Asian session, at GMT0300, the pair is trading at 101.63, with the USD trading 0.09% higher from yesterday’s … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK retail sales growth dropped in June, indicates BRC

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.7089. In the Asian session, at GMT0300, the pair is trading at 1.7079, with the GBP trading 0.06% lower from yesterday’s … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Overvalued Euro might pose a risk to recovery, says ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.3621. Yesterday, the ECB Chief, Mario Draghi expressed concerns over a stronger Euro and urged that it would hurt the recovery … Continue reading

Posted in EUR/USD | Comments Off