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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: December 8, 2014
Trading Signals as per 08-December-2014
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2322 1.2242 USD/CHF BUY Active 0.9768 0.9848 USD/CAD BUY Active 1.1408 1.1478 NZD/USD SELL Active 0.7692 0.7622 AUD/USD BUY Active 0.8238 0.8308 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 1.68% against the USD for the period ending 21:00GMT, closing at 65.67, amid rising speculations that the US oil producers would challenge the OPEC for market share. In the Asian session, … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing this morning
Silver Movement On Friday, Silver prices declined 0.97% to USD 16.31 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.21, with the silver trading 0.58% … Continue reading
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Gold: Yellow metal trading higher in the Asian session
Gold Movement On Friday, Gold prices traded lower by 1.14% against the USD in the period ending 21:00GMT, at 1191.40 per ounce, after non-farm payrolls increased more than anticipated in November, denting the demand outlook of the precious yellow metal. … Continue reading
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AUD/USD: Aussie extends its losses this morning
AUDUSD Movement On Friday, the AUD weakened 0.65% against the USD to close at 0.8327, amid a broad strengthening in the greenback. LME Copper prices rose 0.69% or $45.0/MT to $6536.0/MT. Aluminium prices rose 1.37% or $27.0/MT to $2002.0/MT. In … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading lower ahead of Canada’s housing permits data
USDCAD Movement On Friday, the USD rose 0.40% against the CAD to close at 1.1432, following positive non-farm payrolls data in the US. The CAD lost ground after Canada’s unemployment rate climbed to 6.6% in November, compared to a level … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower ahead of the Switzerland’s CPI data
USDCHF Movement On Friday, the USD rose 0.69% against the CHF and closed at 0.9779. The Swiss Franc came under pressure after Switzerland’s foreign currency reserves unexpectedly narrowed to CHF462.4 billion in November, lower than market expected increase to CHF465.5 … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese annualized final GDP recorded a drop in 3Q 2014
USDJPY Movement On Friday, the USD strengthened 1.32% against the JPY and closed at 121.38. In the Asian session, at GMT0400, the pair is trading at 121.56, with the USD trading 0.15% higher from Friday’s close, after overnight data indicated … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading lower in the Asian session
GBPUSD Movement On Friday, GBP marginally declined 0.56% against the USD and closed at 1.5584, after the BoE in its latest survey reported that the UK’s consumer inflation expectations for the next 12 months registered a drop to 2.5%, compared … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower ahead of Germany’s industrial production data
EURUSD Movement On Friday, EUR declined 0.70% against the USD and closed at 1.2293. In economic news, the Euro-zone’s seasonally adjusted second estimate of GDP expanded 0.2% on a QoQ basis in 3Q 2014, in line with market expectations and … Continue reading
Posted in EUR/USD
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