Daily Archives: September 8, 2014

Trading Signals as per 8-September-2014

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9362 0.9292 USD/JPY BUY Active 104.68 105.38 AUD/USD BUY Active 0.9328 0.9398 EUR/CHF BUY Active 1.1989 1.2110 GBP/USD SELL Active 1.6252 1.6122 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 below its MA’s

Crude Oil Movement On Friday, Crude Oil prices declined 1.14% against the USD for the period ending 21:00GMT, closing at 93.49, after the US reported downbeat non-farm employment data in August, raising concerns of the demand outlook of the commodity … Continue reading

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Silver: White metal trading on a higher footing this morning

Silver Movement On Friday, Silver prices rose 0.84% to USD 19.21 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.26, with the silver trading 0.29% … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.83% against the USD in the period ending 21:00GMT, at 1269.10 per ounce, as disappointing non-farm payrolls data from the US diminished expectations that the Fed might raise interest rates sooner-than-expected. … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.37% against the USD to close at 0.9378, following downbeat non-farm payrolls data from the US. In economic news, the RBA reported that the foreign reserves surplus in Australia narrowed to A$60.043 billion … Continue reading

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USD/CAD: Loonie trading lower this morning, ahead of building permits data

USDCAD Movement On Friday, the USD is trading flat against the CAD to close at 1.0882. In economic news, Canada’s unemployment rate in August remained unchanged from the previous month at 7.0%. However, the number of people employed in the … Continue reading

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USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s CPI data

USDCHF Movement On Friday, the USD declined 0.14% against the CHF and closed at 0.9314. The Swiss Franc gained ground, after the Swiss industrial production grew at a faster rate, increasing 3.1%, on a quarterly basis, in 2Q 2014, following … Continue reading

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USD/JPY: Japanese annualized GDP contracted more than expected in 2Q 2014

USDJPY Movement On Friday, the USD weakened 0.28% against the JPY and closed at 105.09. Japan’s leading economic index advanced to 106.5 in July, compared to a reading of 105.9 in the prior month, while the coincident index edged up … Continue reading

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GBP/USD: Pound reverses its gains in Asian session

GBPUSD Movement On Friday, GBP traded marginally higher against the USD and closed at 1.6326, after the BoE’s latest survey raised its UK consumer inflation expectations for the next 12 months to 2.8%, from 2.6% recorded in May. In the … Continue reading

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

EURUSD Movement On Friday, EUR rose 0.12% against the USD and closed at 1.2951, after in Germany, Euro-zone’s biggest economy, the industrial production rose 1.9%, on a monthly basis, in July, marking its biggest rise since March 2012, higher than … Continue reading

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