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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: May 11, 2015
Trading Signals as per 11-May-2015
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1078 1.1208 USD/CHF BUY Active 0.9248 0.9348 GBP/USD SELL Active 1.5522 1.5372 USD/JPY SELL Active 120.42 119.72 NZD/USD SELL Active 1.2192 1.2092 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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EUR/USD: Euro trading lower in the Asian session
EURUSD Movement On Friday, the EUR declined 0.30% against the USD and closed at 1.1205. In economic news, the seasonally adjusted industrial production in Germany unexpectedly fell 0.5% MoM in March, compared to an increase of 0.2% registered in the … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading lower in the Asian session
Crude Oil Movement On Friday, Crude Oil prices advanced 0.78% against the USD for the period ending 21:00GMT, closing at 59.46, after the number of US rigs actively drilling oil dropped by 24 to 679, its lowest level since September … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing in the Asian session
Silver Movement On Friday, Silver prices rose 1.01% to USD 16.47 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.425, with the silver trading 0.27% lower from Friday’s close. The … Continue reading
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Gold: Yellow metal trading a tad higher in the Asian session
Gold Movement On Friday, Gold prices traded higher by 0.36% against the USD in the period ending 21:00GMT, at 1187.40 per ounce, rebounding from its previous session losses, after US non-farm payrolls during April missed market expectations. However, gains in … Continue reading
Posted in Gold
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AUD/USD: Australian business confidence remained steady in April, indicated the NAB
AUDUSD Movement On Friday, the AUD strengthened 0.34% against the USD to close at 0.7928. LME Copper prices declined 0.63% or $40.5/MT to $6396.5/MT. Aluminium prices declined 0.35% or $6.5/MT to $1864.0/MT. In the Asian session, at GMT0300, the pair … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading lower in the Asian session
USDCAD Movement On Friday, the USD declined 0.11% against the CAD to close at 1.2092, after the US non-farm payrolls increased less than expected in April. In economic news, Canada’s unemployment rate remained unchanged at 6.8% in April, lower than … Continue reading
Posted in USD/CAD
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USD/CHF: The SNB will intervene in the market if required, indicated the Chairman, Thomas Jordan
USDCHF Movement On Friday, the USD rose 0.95% against the CHF and closed at 0.9312. The Swiss Franc lost ground, after Switzerland’s CPI surprisingly slid 0.2% on a monthly basis in April, compared to a 0.1% rise and following an … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a weaker footing this morning
USDJPY Movement On Friday, the USD traded a tad higher against the JPY and closed at 119.74, after the US unemployment rate edged down in April. In the Asian session, at GMT0300, the pair is trading at 119.88, with the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading on a weaker footing ahead of the BoE’s interest rate decision
GBPUSD Movement On Friday, GBP rose 0.49% against the USD and closed at 1.5449, after UK Prime Minister, David Cameron regained power as Conservative party registered victory in Britain’s general elections. In economic news, the UK trade deficit narrowed to … Continue reading
Posted in GBP/USD
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