Daily Archives: August 3, 2016

Trading Signals as per 03-August-2016

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9692 0.9642 USD/JPY SELL Active 101.82 100.62 USD/CAD BUY Active 1.3068 1.3158 EUR/JPY BUY Active 112.48 113.68 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 stronger footing, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.15% against the USD and closed at 39.69, extending its previous session losses. However, the American Petroleum Institute (API) disclosed that US crude stockpiles fell by 1.3 … Continue reading

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Silver: White metal extends its gains this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.8% against the USD and closed at 20.67. In the Asian session, at GMT0300, the pair is trading at 20.68, with the silver trading 0.07% higher from yesterday’s close. … 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 rose 0.74% against the USD and closed at USD1370.3 per ounce, on the back of weakness in global equities. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.08% against the USD and closed at 0.7605. LME Copper prices declined 0.44% or $21.5/MT to $4885.5/MT. Aluminium prices declined 0.61% or $10.0/MT to $1635.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3103. Macroeconomic data indicated that, Canada’s RBC manufacturing PMI inched higher to a level of 51.9 in July, following a level … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9642. On the data front, Switzerland’s real retail sales eased by 3.9% on an annual basis in June, more than market … Continue reading

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USD/JPY: BoJ’s June meeting minutes show the board’s dissent over stimulus

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.33% against the JPY and closed at 101.03. The minutes from the Bank of Japan’s (BoJ) latest monetary policy meeting showed that most policymakers voiced concerns about the … Continue reading

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GBP/USD: UK construction shrinks at fastest pace in seven years after Brexit vote

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.18% against the USD and closed at 1.3340. Macroeconomic data indicated that the U.K.’s construction PMI dropped at the steepest pace in seven years to a level of … Continue reading

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EUR/USD: Euro trading lower, ahead of the Markit services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1218. In economic news, Eurozone’s producer price index (PPI) rose at fastest pace in almost four years by 0.7% MoM in … Continue reading

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