Daily Archives: September 11, 2012

Trading signals for Tuesday 11-09-2012

Forex, Commodities and Index signals for Tuesday 11-09-2012 11:00 GMT Continue reading

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Crude Oil: Trading higher ahead of the US crude oil inventories report

Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 96.27. The Saudi Arabia Oil Minister, Ali al-Naimi, stated that nation is concerned about high oil prices and would take steps to moderate … Continue reading

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Silver: Trading above its MA’s

Silver prices declined 0.79% to the USD 33.40 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.58, 0.55% higher from yesterday’s close. Silver is expected to find support at 33.23, … Continue reading

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Gold: Trading higher after yesterday’s fall

Gold prices traded lower by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1727.10 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1731.18, 0.24% higher from yesterday’s close. … Continue reading

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AUD/USD: Aussie trading higher after yesterday’s fall

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0340. LME Copper prices rose 2.8% or $188.0/MT to $ 8031.8/MT. Aluminium prices rose 2.2% or $44.0/MT to $ 2031.8/MT. In the Asian session, … Continue reading

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USD/CAD: Loonie marginally higher ahead of Canadian merchandise trade data

For the 24 hours to 23:00 GMT, USD declined 0.14% against the CAD to close at 0.9769. In the Asian session, at GMT0300, the pair is trading at 0.9767, with the USD trading marginally lower from yesterday’s close. The pair … Continue reading

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USD/CHF: Trading marginally lower in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.06% against the CHF and closed at 0.9458. Yesterday, the Federal Reserve reported that consumer credit in the US shrank by $3.28 billion in July, well below the forecast for a … Continue reading

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USD/JPY: Consumer confidence in Japan rose to 40.5 in August

For the 24 hours to 23:00 GMT, the USD weakened 0.05% against the JPY and closed at 78.25. In Japan, on a seasonally adjusted basis, consumer confidence index rose to 40.5 in August, from 39.7 in July. The Eco Watchers … Continue reading

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GBP/USD: Sterling cementing gains this morning; awaits UK trade balance data

For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.5995. Yesterday the ratings agency, Moody’s stated that the UK bank profitability is set to stay under pressure through to 2013 as margins erode … Continue reading

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EUR/USD: Euro trading higher this morning ahead of Germany’s constitutional court decision tomorrow

For the 24 hours to 23:00 GMT, EUR declined 0.27% against the USD and closed at 1.2762, as investors remain cautious ahead of Germany’s constitutional court ruling tomorrow on whether a permanent bailout fund can go ahead. Spanish Prime Minister, … Continue reading

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