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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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Daily Archives: August 7, 2014
Trading Signals as per 07-August-2014
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9048 0.9118 GBP/USD BUY Active 1.6798 1.6868 USD/JPY BUY Active 101.88 102.58 NZD/USD BUY Active 0.8428 0.8498 EUR/USD SELL Active 1.3409 1.3364 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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Crude Oil: Crude oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 96.88. The Energy Information Administration reported that US crude oil inventories stood at 365.60 million barrels last week, dropping by … Continue reading
Posted in Crude Oil
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Silver: White metal trading above its MA’s
Silver Movement Silver prices rose 1.39% to USD 20.05 per ounce during the 24 hours ending 23:00GMT as concerns of escalating Ukraine conflict raised the prices of precious metals. In the Asian session, at GMT0300, Silver is trading at 20.11, … Continue reading
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Gold: Yellow metal continues its gain in the Asian session
Gold Movement Gold prices traded higher by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1307.50 per ounce, as safe haven appeal of the yellow metal rose following reports that the Poland’s foreign minister, Radoslaw Sikorski, … Continue reading
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AUD/USD: Aussie trading lower after unemployment rate hits 12-year high
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.49% against the USD to close at 0.9349. LME Copper prices declined 1.5%or $105.5/MT to $6995.0/MT. Aluminium prices declined 0.9% or $18.5/MT to $1983.5/MT. In the Asian session, … Continue reading
Posted in AUD/USD
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USD/CAD: Canadian trade surplus notched a two and a half year high level in June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD to close at 1.0918. In economic news, Canada’s merchandise trade balance recorded an unexpectedly large trade surplus of C$1.86 billion, compared to a surplus … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading below its MA’s
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.9076. In economic news, the consumer price index declined 0.4% in Switzerland, on a monthly basis in July, in line with … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen reverses its gain in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.50% against the JPY and closed at 102.11. On the macro front, Japan’s leading index rose to a level of 105.5 in June, for the first time in … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound trading a tad higher ahead of BoE’s interest rate decision
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.17% against the USD and closed at 1.6852 after NIESR reported that UK’s GDP grew by 0.6% in the three months to July, making it the slowest rise … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading a tad higher ahead of ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.10% against the USD and closed at 1.3383. In economic news, in Germany, Eurozone’s biggest economy, factory orders plunged at their fastest rate in nearly three years in … Continue reading
Posted in EUR/USD
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