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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
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Daily Archives: October 8, 2015
Trading Signals as per 8-October-2015
Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 120.22 119.52 AUD/USD BUY Active 0.7138 0.7218 NZD/USD BUY Active 0.6558 0.6628 GBP/CHF SELL Active 1.4962 1.4782 GBP/USD SELL Active 1.5382 1.5292 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 1.26% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce, amid a broad rally in global equity markets However, losses in gold prices were capped, with investors continuing … Continue reading
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GBP/USD: Pound trading lower, ahead of BoE’s interest rate decision
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.57% against the USD and closed at 1.5316,as the UK’s manufacturing and industrial production data topped market expectations. UK’s manufacturing production grew more-than-expected by0.5% MoM in August, compared … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1240, after the German industrial production unexpectedly shrank in August. Yesterday, Germany’s industrial production declined 1.2% MoM in August, from an … Continue reading
Posted in EUR/USD
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AUD/USD: Aussie trading on a weaker footing in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.65% against the USD to close at 0.7204. LME Copper prices rose 1.28% or $66.0/MT to $5241.0/MT. Aluminium prices rose 1.33% or $20.5/MT to $1567.0/MT. In the Asian … Continue reading
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USD/JPY: Japanese Yen trading higher, ahead of Eco watchers survey
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.20% against the JPY and closed at 119.98The Japanese currency gained ground, after the BoJ refrained from expanding its QE programme. Additionally, the BoJ Governor, Haruhiko Kuroda, in … Continue reading
Posted in USD/JPY
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Crude Oil: Oil trading on a stronger footing this morning
Crude Oil Movement Crude Oil prices declined 8.66% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, after the Energy Information Administration (EIA) reported a strong build-up in US crude inventories. Yesterday, the EIA reported that … Continue reading
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Silver: White metal trading higher this morning
Silver Movement Silver prices declined 8.61% to USD 14.55 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices In the Asian session, at GMT0300, the pair is trading at 15.67, with the silver trading 7.73% higher … Continue reading
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USD/CAD: Loonie trading lower, ahead of Canada’s September housing starts data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD to close at 1.3058, The CAD weakened, after the release of downbeat Canadian building permits data. Yesterday, data showed that Canada’s building permits unexpectedly … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s unemployment rate data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CHF and closed at 0.9735. Yesterday, Switzerland’s foreign currency reserves increased to CHF541.5 billion in September, from CHF540.4 billion in the previous month. In the … Continue reading
Posted in USD/CHF
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