Monthly Archives: August 2013

Gold: Yellow metal continues to rise this morning

  Gold prices traded slightly higher against the USD in the 24 hour period ending 23:00GMT, at 1283.90 per ounce, as physical demand from Asian countries provided support to gold prices, shrugging off news that another Fed President hinted at … Continue reading

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AUD/USD: Aussie continues its northward journey in the Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 0.9005. LME Copper prices declined 1.9% or $134.5/MT to $6892.0/MT. Aluminium prices declined 1.3% or $22.0/MT to $1731.0/MT. In the Asian session, at … Continue reading

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USD/CAD: Loonie fell on poor domestic data

  For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.0421, on supportive comments by Fed official over early tapering of bond buying program. The Canadian Dollar came under pressure, following the … Continue reading

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USD/CHF: Swiss monthly CPI fell in July

  For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9213. Economic data from Switzerland yesterday showed that, consumer price index (CPI) dropped 0.4% (MoM) in July, compared to previous month. Additionally, … Continue reading

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USD/JPY: Bank of Japan maintain its monetary stimulus

  For the 24 hours to 23:00 GMT, the USD weakened 0.80% against the JPY and closed at 96.57. In the Asian session, at GMT0300, the pair is trading at 96.74, with the USD trading 0.18% higher from yesterday’s close. … Continue reading

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GBPUSD: Pound flat after rising in yesterday’s session

  For the 24 hours to 23:00 GMT, GBP rose 1.00% against the USD and closed at 1.5497. All the action in Pound yesterday was provided by new Bank of England (BoE) Governor, Mark Carney, as he unveiled the central … Continue reading

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EURUSD: Euro lower ahead of ECB monthly report

  For the 24 hours to 23:00 GMT, EUR rose 0.24% against the USD and closed at 1.3340, after German industry output rebounded in June, surging at its fastest pace in nearly two years. Data revealed that German industrial production … Continue reading

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Trading Signals per 07-08-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3320   Entry-Limit Buy 0,8623 Limit BUY 1,3280   Limit SELL 0,8663 … Continue reading

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Crude Oil: Oil losses capped on encouraging US oil inventories data

  Crude Oil prices dropped 0.81% against the USD for the 24 hour period ending 23:00GMT, closing at 105.68. Iran’s new President, Hassan Rouhani, in his first news conference since taking the oath on Sunday, indicated that he was “seriously … Continue reading

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Silver: White metal continues its downtrend

  Silver prices dropped 0.90% to the USD19.54 per ounce during the 24 hours ending 23:00GMT, over sluggish demand. In the Asian session, at GMT0300, Silver is trading at 19.42, 0.60% lower from yesterday’s close. Silver is expected to find … Continue reading

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Gold: Gold ended below $1300 level on strong US data, Fed official comments

  Gold prices traded lower by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1283.21 per ounce, as continuous flow of strong data from the US and comments by a Federal Reserve official boosted US Dollar. … Continue reading

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