Daily Archives: August 6, 2015

Trading Signals as per 06-August-2015

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 135.28 136.28 USD/JPY SELL Active 125.32 124.52 USD/CAD BUY Active 1.3098 1.3198 EUR/USD SELL Active 1.0945 1.0880 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement Crude oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 45.22, despite the Energy Information Administration (EIA) disclosing a drawdown in US crude stockpiles. The EIA revealed that US crude … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement Silver prices rose 0.31% to USD 14.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.55, with silver trading 0.1% lower from yesterday’s close. The pair is … Continue reading

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Gold: Yellow metal extends its losses this morning

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1084.60 per ounce, after stronger than expected US ISM non-manufacturing PMI data bolstered the case of an imminent rate hike by … Continue reading

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AUD/USD: AUD trading lower after Australia’s unemployment rate rose to 6.3% in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.37% against the USD to close at 0.7355. LME Copper prices rose 0.35% or $5.5/MT to $1569.5/MT. Aluminium prices declined 0.10%% or $5.0/MT to $5171.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.3178. In economic news, Canada recorded an international merchandise trade deficit of C$0.48 billion in June, lower than a revised deficit … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Swiss SECO consumer climate

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9790. The Swiss Franc lost ground, after the consumer prices in the country eased 1.3% YoY in July, recording the steepest … Continue reading

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USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 124.79. In the Asian session, at GMT0300, the pair is trading at 124.73, with the USD trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of the BoE Minutes

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.5602. However, Britain’s services PMI dropped to a five-month low of 57.4 in July, lower than market projections of the index … Continue reading

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EUR/USD: Euro trading marginally higher ahead of the German factory order data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0903, as the services sector across the Euro-zone continued to expand. Data showed that the Euro-zone’s services PMI advanced more than … Continue reading

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