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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: July 7, 2016
Trading Signals as per 07-July-2016
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9728 0.9798 GBP/USD BUY Active 1.2828 1.3028 USD/JPY SELL Active 101.62 100.42 USD/CAD BUY Active 1.2858 1.2968 AUD/USD BUY Active 0.7468 0.7558 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 trading lower, ahead of the EIA’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices advanced 2.33% against the USD for the 24-hour period ending 23:00GMT, closing at 47.84, after two consecutive days of decline, amid a sharp drop in US crude stockpiles. Yesterday, the American Petroleum Institute (API) … Continue reading
Posted in Crude Oil
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Silver: White metal extends its gains in the morning session
Silver Movement Silver prices rose 0.75% to USD 20.23 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.24, with the silver trading 0.07% higher … Continue reading
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Gold: Yellow metal trading on a stronger footing in the Asian session
Gold Movement Gold prices traded 0.20% higher against the USD in the 24-hour period ending 23:00GMT, at USD1364.90 per ounce, after minutes from the US Federal Reserve’s June board meeting showed that the central bank would refrain from raising interest … Continue reading
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AUD/USD: Australia’s construction sector rebounded in June
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.89% against the USD and closed at 0.7511. LME Copper prices declined 2.78% or $134.5/MT to $4706.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1623.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading lower, ahead of Canada’s Ivey purchasing managers’ index data for June
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.2956. In economic news, Canada’s international merchandise trade deficit narrowed slightly to a level of C$3.28 billion in May, compared to … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading a tad higher, ahead of Switzerland’s inflation data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.9749. In the Asian session, at GMT0300, the pair is trading at 0.9746, with the USD trading marginally lower against the … Continue reading
Posted in USD/CHF
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USD/JPY: BoJ Governor remains upbeat on Japan’s economy, despite Brexit worries
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the JPY and closed at 101.12. In the Asian session, at GMT0300, the pair is trading at 100.93, with the USD trading 0.19% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s business confidence takes a beating after Brexit vote
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.2895. In the Asian session, at GMT0300, the pair is trading at 1.2939, with the GBP trading 0.34% higher against the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower, ahead of the ECB’s monetary policy meeting accounts
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.3% against the USD and closed at 1.1092. On the data front, Germany’s seasonally adjusted factory orders remained flat on a monthly basis in May, owing to weak … Continue reading
Posted in EUR/USD
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