Daily Archives: July 1, 2013

Trading Signals as per 01-07-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3055   Entry-Limit Buy 0,8545 Limit BUY 1,3015   Limit SELL 0,8585 … Continue reading

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Crude Oil: Oil continues to trade lower undermined by US growth concerns

  On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 96.56, after economic data indicated an unexpected slowdown in the US business activity in June spurring demand concerns for the fuel. In … Continue reading

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Silver: Silver trading higher this morning

  On Friday, Silver prices rose 6.02% to the USD19.67 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.71, 0.25% higher from Friday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold holding above the 1200 levels

  On Friday, Gold prices traded higher by 2.64% against the USD in the period ending 21:00GMT, at 1234.57 per ounce, as the precious metal’s recent decline prompted bargain hunting. In the Asian session, at GMT0300, Gold is trading at … Continue reading

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AUD/USD: Aussie gains following positive Australian economic data

  On Friday, the AUD weakened 1.12% against the USD to close at 0.9158. LME Copper prices rose 0.7% or $45.0/MT to $6750.5/MT. Aluminium prices rose 0.7% or $11.5/MT to $1731.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading

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USD/CAD: Canadian economy expanded in April

  On Friday, the USD rose 0.14% against the CAD to close at 1.0502. However, the losses in the Loonie were limited as the gross domestic product in Canada rose 0.1% (MoM) in April, matching market expectations. Meanwhile, Canada’s raw … Continue reading

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USD/CHF: Swissy moving lower ahead of SVME PMI data

  On Friday, the USD declined 0.21% against the CHF and closed at 0.9437. The Swiss Franc had some news to cheer as Switzerland’s KOF leading indicator rose to a reading of 1.16 in June, following a revised reading of … Continue reading

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USD/JPY: Japan’s large manufacturers’ outlook turns positive, indicates BoJ Tankan survey

  On Friday, the USD strengthened 0.68% against the JPY and closed at 99.17. In Japan, the annual vehicle production declined 6.2% in May, while housing starts surged 14.5% (YoY) in May, way above the market expectations of a 6.1% … Continue reading

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GBP/USD: UK house prices rose in June, indicates Hometrack

  On Friday, GBP fell 0.28% against the USD and closed at 1.5214, after Nationwide house price data came in weaker than expected in June. The Nationwide Building Society of UK reported that on a non-seasonally adjusted annual basis, house … Continue reading

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EUR/USD: Euro trading tad higher this morning

  On Friday, EUR declined 0.13% against the USD and closed at 1.3019. Early on Friday, the US Federal Reserve Governor, Jeremy Stein, stated that the Fed might consider reducing the pace of its asset purchases by September. Stein also … Continue reading

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