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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: July 2013
Crude Oil: Oil reverses its direction in the Asian session
Crude Oil prices declined 0.91% against the USD for the 24 hour period ending 23:00GMT, closing at 102.94, after the recent price hike lead to heavy profit booking, and as concerns in Egypt eased slightly. Investors await the oil … Continue reading
Posted in Crude Oil
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GBP/USD: UK retail sales and house price balance advanced in June
For the 24 hours to 23:00 GMT, GBP rose 0.50% against the USD and closed at 1.4934. In the Asian session, at GMT0300, the pair is trading at 1.4940, with the GBP trading marginally higher from yesterday’s close. This … Continue reading
Posted in GBP/USD
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AUD/USD: Aussie trading steady this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.85% against the USD to close at 0.9120. LME Copper prices fell 0.8% or $56.0/MT to $6765.0/MT. Aluminium prices declined 0.4% or $6.5/MT to $1736.5/MT. In the Asian session, at … Continue reading
Posted in AUD/USD
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EUR/USD: Euro gained as profit booking prevailed among investors, trading flat this morning
For the 24 hours to 23:00 GMT, EUR rose 0.37% against the USD and closed at 1.2861. On the Euro-zone’s economic front, the economic scenario did not seem very bright as Germany’s trade surplus and current account surplus both narrowed … Continue reading
Posted in EUR/USD
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USD/CHF: Swissy moving tad lower in the Asian session
For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9645. On Swiss economic front, a non-seasonally adjusted basis, the unemployment rate fell to 2.9% in June from a rate of 3.0% … Continue reading
Posted in USD/CHF
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Trading Signals as per 08-07-2013
FOREX-Signals EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,2812 Entry-Limit Sell 0,8626 Limit SELL 1,2852 Limit BUY 0,8586 … Continue reading
Posted in Uncategorized
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Crude Oil: Oil higher amid tensions in the Middle East
On Friday, Crude Oil prices advanced 1.79% against the USD for the period ending 21:00GMT, closing at 103.22, as ongoing protests in Egypt increased concerns of disruptions in the oil supply. In the Asian session, at GMT0300, Crude Oil … Continue reading
Posted in Crude Oil
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Silver: Silver trading lower this morning
On Friday, Silver prices declined 3.46% to the USD18.91 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.83, 0.42% lower from Friday’s close. Silver is expected to find support at … Continue reading
Posted in Silver
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Gold: Gold trading lower as labour market conditions improved in the US
On Friday, Gold prices traded lower by 2.06% against the USD in the period ending 21:00GMT, at 1223.20 per ounce, after better-than-expected jobs data in the US dampened safe haven appeal of the metal. In the Asian session, at … Continue reading
Posted in Gold
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GBP/USD: Encouraging US employment data supported the US Dollar against the GBP
On Friday, GBP fell 0.92% against the USD and closed at 1.4901, as strong US employment figures supported the greenback. In the Asian session, at GMT0300, the pair is trading at 1.4874, with the GBP trading 0.18% lower from … Continue reading
Posted in GBP/USD
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AUD/USD: Pair moving below its MA’s
On Friday, the AUD weakened 0.93% against the USD to close at 0.9066. LME Copper prices declined 1.4% or $99.5/MT to $6821.0/MT. Aluminium prices declined 1.4% or $24.5/MT to $1743.0/MT. In the Asian session, at GMT0300, the pair is … Continue reading
Posted in AUD/USD
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