Daily Archives: August 11, 2014

Trading Signals as per 11-August-2014

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9018 0.9088 GBP/USD BUY Active 1.6748 1.6818 EUR/USD SELL Active 1.3432 1.3362 USD/JPY SELL Active 102.42 101.72 USD/CAD BUY Active 1.0928 1.0998 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil continues with its gain in the Asian session

Crude Oil Movement On Friday, Crude Oil prices advanced 0.26% against the USD for the period ending 21:00GMT, closing at 97.68. However easing geopolitical tensions capped its gains. Meanwhile, the OPEC has cut down its 2014 global oil demand growth … Continue reading

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Silver: White metal trading below its MA’s

Silver Movement On Friday, Silver prices declined 0.38% to USD 19.90 per ounce during the period ending 21:00GMT, tracking gold losses. In the Asian session, at GMT0300, Silver is trading at 19.89, marginally lower from Friday’s close. Silver is expected … Continue reading

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Gold: Yellow metal continues its losing streak in the Asian session.

Gold Movement On Friday, Gold prices traded lower by 0.08% against the USD in the period ending 21:00GMT, at 1311.70 per ounce as safe haven appeal of the yellow metal diminished after reports came in that Russia has ended its … Continue reading

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AUD/USD: Aussie continues its gain in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.06% against the USD to close at 0.9275. In economic news, the foreign exchange reserves surplus in Australia fell to A$ 62.714 billion in July, from a surplus of A$ 62.872 billion reported … Continue reading

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USD/CAD: Loonie trading lower as labour force participation falls to a 13-year low

USDCAD Movement On Friday, the USD rose 0.37% against the CAD to close at 1.0971, after the Canadian labour market continued to disappoint with only 200 new jobs added during July. Market had expected an addition of around 24K jobs … Continue reading

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USD/CHF: CHF reverses its gain in the Asian session

USDCHF Movement On Friday, the USD declined 0.34% against the CHF and closed at 0.9058. On the macro level, the Swiss seasonally adjusted unemployment rate remained unchanged at 3.2% for the 13th time in July, as expected by the markets. … Continue reading

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USD/JPY: Japanese Yen trading lower ahead of BoJ’s economic survey

USDJPY Movement On Friday, the USD traded tad higher against the JPY and closed at 102.12. On the macro level, Eco watchers survey for the current situation in Japan climbed to 51.3 in July, its future outlook in Japan declined … Continue reading

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GBP/USD: Pound trading lower after the UK trade deficit widened in June

GBPUSD Movement On Friday, GBP declined 0.32% against the USD and closed at 1.6778, after the release of downbeat trade balance data from the UK. Official data showed that the British trade deficit widened to £9.41 billion in June, from … Continue reading

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EUR/USD: Euro reverses its gain in the Asian Session

EURUSD Movement On Friday, EUR rose 0.34% against the USD and closed at 1.3406. In economic news, Germany, Euro-zone’s biggest economy, registered a decline in its trade surplus. The seasonally adjusted trade surplus in Germany narrowed to €16.2 billion in … Continue reading

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