Daily Archives: August 5, 2014

Trading Signals as per 5-August-2014

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.6892 1.6822 EUR/CHF SELL Active 1.2187 1.2142 AUD/USD SELL Active 0.9382 0.9312 NZD/USD SELL Active 0.8562 0.8492 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading

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Crude Oil: Oil continues with its upward streak in Asian Session

Crude Oil Movement Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 98.43, amid increased optimism of the US economy, the world’s largest consumer of crude and following continued geopolitical tensions in … Continue reading

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Silver: White metal trading below its MA’s

Silver Movement Silver prices declined 0.79% to USD 20.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.22, 0.17% higher from yesterday’s close. Silver is … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1289.10 per ounce on increased expectations that the Fed would start raising its interest rates sooner than expected. In the Asian … Continue reading

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AUD/USD: AUD trading tad lower after RBA left its interest rates steady

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.28% against the USD to close at 0.9333 as the AiG performance of services index in Australia rose to a level of 49.3 in July. The index had … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0908. In the Asian session, at GMT0300, the pair is trading at 1.0909, with the USD trading tad higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc fell despite Swiss manufacturing PMI improving at a faster rate than anticipated

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9068. In economic news, the Swiss manufacturing activity rose to a 3-month high to 54.3, higher than market expectations from a … Continue reading

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USD/JPY: Yen trading higher this morning after services activity in Japan expanded

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 102.56. In the Asian session, at GMT0300, the pair is trading at 1.3419, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound continues its higher footing in the Asian Session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.6861 following upbeat UK construction PMI data. The British construction sector activity expanded at a faster rate than expected to a … Continue reading

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EUR/USD: Euro fell on Euro-zone deteriorating investor confidence.

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3421. The Sentix index of investor confidence fell sharply to 2.7 in August, the lowest level in 12 months, highlighting that … Continue reading

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