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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: May 2013
Trading Signals as per 31-05-2013
FOREX-Signals EUR/USD LONG EUR/GBP LONG Entry-Limit Buy 1,2975 Entry-Limit Buy 0,8545 Limit SELL 1,3015 Limit SELL 0,8585 Stop SELL 1,2955 Stop SELL 0,8525 USD/JPY LONG EUR/CHF LONG Entry-Limit Buy 100,55 Entry-Limit Buy 1,2400 Limit SELL 100,95 Limit SELL 1,2435 Stop … Continue reading
Posted in Trading Signals
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USD/JPY: Japan’s deflation persists, while industrial output improves in April
For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 101.11. In the Asian session, at GMT0300, the pair is trading at 100.89, with the USD trading 0.22% lower from yesterday’s close. … Continue reading
Posted in USD/JPY
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GBP/USD: Britain’s economy would gain momentum, indicates BCC
For the 24 hours to 23:00 GMT, GBP rose 0.65% against the USD and closed at 1.5228. Yesterday, consumer confidence in the UK improved to a reading of -22.0 in May, from a reading of -27.0 recorded in the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro rose above the key 1.30 level, trading tad lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.74% against the USD and closed at 1.3043. In the Euro-zone, data indicated that economic sentiment index rose to a reading of 89.4 in May, from a reading of 88.6 … Continue reading
Posted in EUR/USD
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USD/CAD: Canadian current account deficit narrowed in Q12013
For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CAD to close at 1.0303. The Canadian Dollar gained traction after nation’s current account deficit fell to C$14.09 billion in the first quarter of 2013 (Q12013), … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland GDP improved in Q12013
For the 24 hours to 23:00 GMT, the USD declined 1.05% against the CHF and closed at 0.9537. The Swiss Franc gained after data indicated that Switzerland’s economy grew by a seasonally adjusted 0.6% (QoQ) in the first quarter … Continue reading
Posted in USD/CHF
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AUD/USD: Aussie reverses its yesterday’s gains
For the 24 hours to 23:00 GMT, AUD strengthened 0.39% against the USD to close at 0.9670. LME Copper prices rose 0.6% or $44.00/MT to $7245.5/MT. Aluminium prices rose 2.0% or $36.00/MT to $1857.0/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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Crude Oil: US crude inventories rose to the highest level since 1978, indicates EIA
Crude Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 93.52, as tepid GDP and jobless claims data eased concerns that the US Federal Reserve would begin to gradually scale back its … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower in the Asian session
Silver prices rose 1.60% to the USD 22.86 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.81, 0.24% lower from yesterday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Gold trading higher in the Asian session
Gold prices traded higher by 1.73% against the USD in the 24 hour period ending 23:00GMT, at 1415.55 per ounce, as the greenback weakened as an unexpected increase in the initial jobless claims led to speculation that the Federal … Continue reading
Posted in Gold
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Trading Signals as per 30-05-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,2970 Entry-Limit Sell 0,8585 Limit SELL 1,3010 Limit BUY 0,8545 … Continue reading
Posted in Trading Signals
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