Daily Archives: July 8, 2016

Trading Signals as per 08-July-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1088 USD/CHF SELL Active 0.9842 0.9772 USD/JPY BUY Active 100.08 100.98 AUD/USD BUY Active 0.7448 0.7528 EUR/JPY SELL Active 112.22 110.92 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 higher, ahead of the weekly Baker Hughes rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.33% against the USD and closed at 45.29, after the Energy Information Administration (EIA) indicated that US crude oil inventories declined less-than-expected by 2.2 million barrels to … Continue reading

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Silver: White metal trading on a stronger footing in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.4% against the USD and closed at 19.74, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.76, with the silver trading … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.63% against the USD and closed at 1360.60, after a couple of robust US labour market reports led to a broad strength in the greenback. In the Asian session, … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.7481. LME Copper prices rose 0.4% or $19.0/MT to $4725.0/MT. Aluminium prices rose 0.8% or $13.5/MT to $1637.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3006. On the data front, Canada’s seasonally adjusted Ivey purchasing managers’ index rose more-than-expected to a level of 51.7 in June, … Continue reading

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USD/CHF: Switzerland’s CPI rose in line with expectations in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 0.9791. Macroeconomic data indicated that, Switzerland’s consumer price index (CPI) advanced 0.1% MoM in June, at par with market expectations. The … Continue reading

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USD/JPY: Japan’s current account surplus shrank in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the JPY and closed at 100.67. In economic news, Japan’s flash leading economic index remained steady at a level of 100.0 in May. Meanwhile, the nation’s … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s total trade balance data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.09% against the USD and closed at 1.2883, In economic news, UK’s leading think tanker, NIESR estimated that UK’s gross domestic product rose by 0.6% in the April-June … Continue reading

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EUR/USD: Brexit impact could be ‘significant’ for the Euro-zone: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1057, after the European Central Bank’s (ECB) June meeting minutes revealed that policymakers were concerned about the Brexit vote. According to … Continue reading

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