Daily Archives: August 17, 2012

Trading signals for Friday 17-08-2012

Forex, Commodities and Index signals for Friday 17-08-2012 11:00 GMT Continue reading

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Crude Oil: Trading marginally lower on easing supply concerns

Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 95.22. In the Asian session, at GMT0300, Crude Oil is trading at 95.18, marginally lower from yesterday’s close, on a potential rise in supply … Continue reading

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Silver: Trading above its MA’s

Silver prices rose 1.31% to USD 28.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.18, 0.04% lower from yesterday’s close. Silver is expected to find support at 27.87, and … Continue reading

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Gold: Trading flat after yesterday’s gain

Gold prices traded higher by 0.66% against the USD in the 24 hour period ending 23:00GMT, at 1614.85 per ounce, as weak economic data from the US sparked fresh speculation that the Federal Reserve might turn to fresh stimulus measures … Continue reading

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AUD/USD: Pairing yesterday’s gain this morning

For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 1.0517, on comments by German Chancellor, Angela Merkel about the role of the European Central Bank (ECB) in the region’s debt crisis. The Australian … Continue reading

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USD/CAD: Loonie marginally lower ahead of Canadian consumer price data

For the 24 hours to 23:00 GMT, USD declined 0.29% against the CAD to close at 0.9866. Yesterday, the German Chancellor, Angela Merkel, stated that Canada is an example of how one can emerge from the crisis in a robust … Continue reading

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USD/CHF: Swiss economic sentiment rose in August: ZEW

For the 24 hours to 23:00 GMT, USD declined 0.58% against the CHF and closed at 0.9720. In Switzerland, the Centre for European Economic Research (ZEW) indicator of economic sentiment rose by 9.2 points to a reading of -33.3 in … Continue reading

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USD/JPY: Greenback continues its rally against Yen

For the 24 hours to 23:00 GMT, USD strengthened 0.39% against the JPY and closed at 79.32. In the Asian session, at GMT0300, the pair is trading at 79.37, with the USD trading 0.06% higher from yesterday’s close. The pair … Continue reading

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GBP/USD: Pound rose on better-than-expected UK retail sales data, trading lower in the Asian session

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5736, amid better-than-expected UK retail sales data. In the UK, retail sales rose 0.3% (MoM) in July, against the forecast for a 0.1% drop … Continue reading

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EUR/USD: Euro rose on Angela Merkel comment, tad lower this morning

For the 24 hours to 23:00 GMT, EUR rose 0.59% against the USD and closed at 1.2357, after the German Chancellor, Angela Merkel, stated that the nation is committed to do everything they can to maintain the Euro. She further … Continue reading

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