Daily Archives: September 3, 2014

Trading Signals as per 03-September-2014

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 105.42 104.72 AUD/USD BUY Active 0.9278 0.9348 EUR/JPY BUY Active 137.68 138.48 NZD/USD SELL Active 0.8362 0.8292 GBP/CHF BUY Active 1.5088 1.5188 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading higher, ahead of the weekly crude-oil supply data from the API

Crude Oil Movement Crude Oil prices declined 2.79% against the USD for the 24 hour period ending 23:00GMT, closing at 93.16, following concerns that global supply is outstripping demand. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Silver: White metal trading lower this morning

Silver Movement Silver prices declined 1.41% to USD 19.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 19.24, with the silver trading 0.1% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 1.58% against the USD in the 24 hour period ending 23:00GMT, at 1267.10 per ounce, following upbeat economic data from the US raised speculations that the Fed might increase its interest rates sooner … Continue reading

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AUD/USD: Australian economy grew more than expected in 2Q 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.59% against the USD to close at 0.9279. LME Copper prices declined 0.01% or $1.0/MT to $6965.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $2083.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower, ahead of the BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD to close at 1.0928. On the macro front, Canada’s manufacturing sector gained momentum after the nation’s manufacturing PMI climbed to a level of 54.8 … Continue reading

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USD/CHF: Swiss GDP remained flat in 2Q 2014

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded tad lower against the CHF and closed at 0.9191. In economic news, the Switzerland’s economy stagnated on a quarterly basis in 2Q 2014, following an expansion of 0.5% … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session, after Japan’s services sector contracted in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.77% against the JPY and closed at 105.12. In the Asian session, at GMT0300, the pair is trading at 105.19, with the USD trading 0.07% higher from yesterday’s … Continue reading

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GBP/USD: Pound extends its losses in the Asian session, ahead of services PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.85% against the USD and closed at 1.6470. In economic news, the UK construction PMI grew at its fastest pace in 7 months to a level of 64.0 … Continue reading

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EUR/USD: Euro extends its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded marginally higher against the USD and closed at 1.3134. In economic news, the PPI in the Euro-zone eased 0.1% in July, compared to a rise of 0.1% in … Continue reading

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