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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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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: February 10, 2016
Trading Signals as per 10-February-2016
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9802 0.9692 GBP/USD BUY Active 1.4378 1.4538 USD/JPY BUY Active 113.58 115.08 USD/CAD BUY Active 1.3758 1.3938 GBP/CHF SELL Active 1.4264 1.4017 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
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Crude Oil: Oil reverses its losses, ahead of the EIA’s weekly crude oil inventory data
Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 6.1% against the USD and closed at 28.34, on the back of bearish report issued by the International Energy Agency (IEA). The IEA cautioned that oil … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower this morning
Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.68% against the USD and closed at 15.28, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.24, with the silver … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a stronger footing in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.16% against the USD and closed at 1189.5, reversing its previous session gains. However, gold prices see-sawed throughout the session, amid a slight recovery in global equity markets. … Continue reading
Posted in Gold
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AUD/USD: Aussie trading on a weaker footing, ahead of Australia’s consumer inflation expectation data
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.04% against the USD and closed at 0.7075. LME Copper prices declined 0.92% or $42.0/MT to $4530.5/MT. Aluminium prices declined 0.27% or $4.0/MT to $ 1492.0/MT. In the … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3872. In the Asian session, at GMT0400, the pair is trading at 1.3915, with the USD trading 0.31% higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s unemployment rate remained unchanged in January
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.38% against the CHF and closed at 0.9735. In economic news, Switzerland’s seasonally adjusted unemployment rate unexpectedly remained steady at 3.4% in January while markets expected it to … Continue reading
Posted in USD/CHF
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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 declined 0.33% against the JPY and closed at 115.19. On the economic front, Japan’s preliminary estimate of machine tool orders recorded a fall of 17.2% YoY in January, following … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading tad higher, ahead of UK’s industrial and manufacturing production data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.4467, after UK’s total trade deficit declined more than anticipated to £2.71 billion, compared to a revised deficit of £4.03 billion … Continue reading
Posted in GBP/USD
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EUR/USD: Germany’s industrial production fell sharply in December
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.1290. In economic news, Germany’s seasonally adjusted industrial production surprisingly dropped 1.2% MoM in December, registering its strongest drop since August … Continue reading
Posted in EUR/USD
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