Daily Archives: November 6, 2014

Trading Signals as per 06-November-2014

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 142.38 143.78 NZD/USD BUY Active 0.7658 0.7778 EUR/USD BUY Active 1.2458 1.2558 USD/CAD SELL Active 1.1442 1.1352 USD/CHF BUY Active 0.9558 0.9628 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 above its MA’s

Crude Oil Movement Crude Oil prices advanced 2.10% against the USD for the 24 hour period ending 23:00GMT, closing at 78.94, after the Energy Information Administration (EIA) revealed that the US crude oil inventories advanced less than expected by 0.5 … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement Silver prices declined 4.24% to USD 15.35 per ounce during the 24 hours ending 23:00GMT, tracking heavy losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.26, with the silver trading 0.59% … Continue reading

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Gold: Yellow metal extends its losses in the Asian session

Gold Movement Gold prices traded lower by 2.33% against the USD in the 24 hour period ending 23:00GMT, at 1141.80 per ounce, amid a broad strength in the US Dollar as the US reported stronger than expected ADP employment data … Continue reading

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AUD/USD: Australian unemployment rate remained steady at 6.2%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 2.04% against the USD to close at 0.8580, amid a broad strengthening in the greenback. Yesterday, a leading bank downgraded Australia’s economic growth projections for 2014 to 3.2% … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s building permits data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded marginally lower against the CAD to close at 1.1395, following dismal ISM non-manufacturing PMI data registered by the US. Yesterday, Statistics Canada reported that the Canadian economy grew … Continue reading

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USD/CHF: Swiss Franc reverses its losses ahead of Swiss SECO consumer confidence data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CHF and closed at 0.9649. The Swiss Franc lost ground, after Switzerland’s monthly consumer prices remained flat in October, after advancing 0.1% in the previous … Continue reading

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USD/JPY: Japanese Yen trading lower after the BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.09% against the JPY and closed at 114.70. In the Asian session, at GMT0400, the pair is trading at 115.2, with the USD trading 0.44% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading lower ahead of the BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.5966, after the UK services PMI dropped to a level of 56.2 in October, marking its lowest reading since May 2013, … Continue reading

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EUR/USD: Euro trading higher ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.62% against the USD and closed at 1.2475, as the Euro-zone as well Germany, its biggest economy registered disappointing services PMI figures in October. Germany’s services PMI expanded … Continue reading

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