Monthly Archives: August 2013

USD/CAD: Pair trading below its MA’s

  For the 24 hours to 23:00 GMT, the USD dropped 0.88% against the CAD to close at 1.0329. In Canada, the new house price index rose 0.2% (MoM) in June, compared to a 0.1% rise in the previous month. … Continue reading

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USD/CHF: Swiss unemployment rate steadied in July

  For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9202. In economic news, unemployment rate in Switzerland remained unchanged at 3.2% in July, indicating that the Swiss economic is subjected to … Continue reading

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USD/JPY: Yen paring yesterday’s losses, trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD ticked up 0.20% against the JPY and closed at 96.76. Yesterday, the Bank of Japan (BoJ) decided to keep interest rates and pace of asset purchases unchanged for July. Following … Continue reading

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GBP/USD: Pound rose on BoE Governor comments

  For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.5534, after the Bank of England (BoE) Governor, Mark Carney, reiterated commitment to bring down inflation to 2.0%, fuelling speculation that interest rates … Continue reading

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EUR/USD: Euro advanced on German data

  For the 24 hours to 23:00 GMT, EUR strengthened 0.30% against the USD and closed at 1.3379, as German trade and current account widened in June, added to signs that the Europe’s largest economy is picking up. The seasonally … Continue reading

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Crude Oil: Oil trading higher above $104 per barrel on bottom fishing

  Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 103.75, on jitters over the outlook for US stimulus and on expectations that the North Sea supply will improve next month after … Continue reading

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Silver: White metal rallied on inspiring Chinese data, trading lower this morning

  Silver prices surged 3.84% to the USD20.29 per ounce during the 24 hours ending 23:00GMT, as better-than-expected imports of the metal in top consumer China reinforced hopes of a revival in demand for industrial metals. In the Asian session, … Continue reading

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Gold: Gold trading well above $1300 levels

  Gold prices rose 2.34% against the USD in the 24 hour period ending 23:00GMT, at 1313.99 per ounce, as the greenback weakened against basket of currencies. Also, strong Chinese imports data added support to precious metals. In the Asian … Continue reading

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Trading Signals per 08-08-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3345   Entry-Limit Buy 0,8610 Limit SELL 1,3385   Limit SELL 0,8650 … Continue reading

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Crude Oil: Crude Oil reverses its trend in the Asian session

  Crude Oil prices fell 1.42% against the USD for the 24 hour period ending 23:00GMT, closing at 104.18, as concerns over supply disruptions ebbed, amid continuous progress in resolving supply disruptions in Libya and as Iran’s new President earlier … Continue reading

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Silver: White metal higher after trading flat

  Silver prices traded flat to close at USD 19.54 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.74, 1.04% higher from yesterday’s close. Silver is expected to find support … Continue reading

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