Daily Archives: December 3, 2014

Trading Signals as per 03-December-2014

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9762 0.9692 AUD/USD BUY Active 0.8348 0.8438 EUR/JPY SELL Active 148.12 147.22 NZD/USD BUY Active 0.7728 0.7818 EUR/USD BUY Active 1.2317 1.2362 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 EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices declined 2.34% against the USD for the 24 hour period ending 23:00GMT, closing at 67.61, after Iraq’s government made a deal with Kurds regarding oil exports, thus adding to oversupply concerns. Separately, the American … Continue reading

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Silver: White-metal extends its losses this morning

Silver Movement Silver prices declined 0.39% to USD 16.44 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.36, with the silver trading 0.46% lower … Continue reading

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Gold: Yellow metal trading on a stronger footing in the Asian session

Gold Movement Gold prices traded lower by 1.32% against the USD in the 24 hour period ending 23:00GMT, at 1196.20 per ounce, amid a broad strength in the greenback, thus decreasing the yellow-metal’s demand. Additionally, gold prices came under further … Continue reading

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AUD/USD: Australia’s GDP growth missed forecasts in Q3

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.57% against the USD to close at 0.8448. In economic news, Australia’s AiG performance of service index rose to 43.8 in November from prior month’s level of 43.6. … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the CAD to close at 1.1407. In the Asian session, at GMT0400, the pair is trading at 1.1395, with the USD trading 0.11% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing ahead of the Swiss Q3 GDP data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9723. In the Asian session, at GMT0400, the pair is trading at 0.972, with the USD trading a tad lower from … Continue reading

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USD/JPY: Japan’s services PMI swung back to Expansion

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.78% against the JPY and closed at 119.22. In the Asian session, at GMT0400, the pair is trading at 119.34, with the USD trading 0.1% higher from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of the UK Treasury’s Autumn Forecast Statement

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.60% against the USD and closed at 1.5636, following dismal construction PMI data figure in the UK. The nation’s construction PMI fell more-than-expected to 59.4 in November, marking … Continue reading

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EUR/USD: Euro trading flat ahead of the Euro-zone’s retail sales data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.2384, after the Euro-zone’s producer price index retreated 0.4% on a monthly basis in October, worse than expected decline of 0.3% … Continue reading

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