Daily Archives: September 8, 2016

Trading Signals as per 8-September-2016

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3298 1.3398 USD/JPY BUY Active 101.08 101.88 USD/CAD BUY Active 1.2808 1.2888 AUD/USD SELL Active 0.7752 0.7702 GBP/CHF SELL Active 1.2994 1.2901 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 EIA’s weekly crude stockpiles data

Crude Oil Movement Crude Oil prices advanced 3.09% against the USD for the 24-hour period ending 23:00GMT, closing at USD46.11 per barrel, reversing its previous session losses, after the American Petroleum Institute (API) disclosed that US crude oil inventories unexpectedly … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement Silver prices declined 0.95% to USD19.88 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 19.96, with the silver trading 0.43% higher from … Continue reading

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Gold: Yellow metal trading on a stronger footing in the morning session

Gold Movement Gold prices traded 0.24% lower against the USD in the 24-hour period ending 23:00GMT, at USD1349.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1351.20, with … Continue reading

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AUD/USD: Australia’s trade deficit narrowed in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.07% against the USD to close at 0.7671. LME Copper prices rose 0.43% or $20.0/MT to $4643.0/MT. Aluminium prices rose 0.57% or $9.0/MT to $1582.5/MT. In the Asian … Continue reading

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USD/CAD: BoC kept key interest rate unchanged at 0.50%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD to close at 1.2876. The Canadian Dollar lost ground after the Bank of Canada (BoC) expressed concerns about Canada’s economic growth while announcing its … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9691. In economic news, Switzerland’s foreign currency reserves rose more-than-expected to a level of CHF626.6 billion in August, compared to a … Continue reading

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USD/JPY: Japan’s GDP growth slightly revised upwards in 2Q 2016

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.41% against the JPY and closed at 101.68. In economic news, Japan’s preliminary leading index surprisingly advanced to a level of 100.0 in July, from a reading of … Continue reading

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GBP/USD: UK’s manufacturing production dropped in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.65% against the USD and closed at 1.3338, after UK’s manufacturing production declined more-than-expected by 0.9% MoM in July, in the aftermath of the shock Brexit vote, recording … Continue reading

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EUR/USD: Euro trading higher, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1239, after Germany’s seasonally adjusted industrial production surprisingly fell 1.5% MoM in July, following a revised 1.1% gain in the previous … Continue reading

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