Monthly Archives: August 2013

AUD/USD: Aussie lower in the Asian session, following yesterday’s rise

  For the 24 hours to 23:00 GMT, AUD strengthened 0.83% against the USD to close at 0.8986, as the Reserve Bank of Australia (RBA) Governor, Glenn Stevens, provided a less dovish guidance on inflation at the statement following the … Continue reading

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USD/CAD: US Dollar found support over encouraging comments by the Fed member

  For the 24 hours to 23:00 GMT, the USD climbed 0.16% against the CAD to close at 1.0375, following comments by the Federal Reserve Bank of Chicago President, Charles Evans, that there has been good improvement in the labour … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9252. In the Asian session, at GMT0300, the pair is trading at 0.9257, with the USD trading marginally higher from yesterday’s close. … Continue reading

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USD/JPY: Yen trading higher in the Asian session

  For the 24 hours to 23:00 GMT, the USD weakened 0.92% against the JPY and closed at 97.35. In economic news, the leading index in Japan declined to a reading of 107.0 in June from 110.7 in May. Additionally, … Continue reading

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GBP/USD: Pound witnessing losses ahead of the BoE inflation report

  For the 24 hours to 23:00 GMT, GBP fell slightly against the USD and closed at 1.5343. The Pound traded higher earlier, on the back of inspiring industrial and manufacturing production data in UK for June. Industrial production climbed … Continue reading

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EUR/USD: Euro rose on German factory orders, trading lower in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.38% against the USD and closed at 1.3308, after economic reports showed that German factory orders grew more than economists forecast in June, indicating that the Euro-zone largest economy is … Continue reading

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Trading Signals per 06-08-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3295   Entry-Limit Sell 0,8686 Limit BUY 1,3255   Limit BUY 0,8646 … Continue reading

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AUD/USD: RBA cut key interest rate to 2.5%

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.8912. LME Copper prices declined 1.0% or $68.5/MT to $6950.5/MT. Aluminium prices declined 0.8% or $14.5/MT to $1755.5/MT. In the Asian session, at GMT0300, … Continue reading

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USD/CAD: Canadian Dollar continues its upward journey this morning

For the 24 hours to 23:00 GMT, the USD dropped 0.31% against the CAD to close at 1.0358. In the Asian session, at GMT0300, the pair is trading at 1.0355, with the USD trading slightly lower from yesterday’s close. The … Continue reading

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USD/CHF: Pair trading below its MA’s

  For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9276. In Switzerland, the UBS real estate bubble index rose to a reading of 1.20 in the second quarter of 2013, compared … Continue reading

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EUR/USD: Euro trading higher in the Asian session

  For the 24 hours to 23:00 GMT, EUR declined 0.15% against the USD and closed at 1.3258. The Euro traded higher initially, after services PMI data in Europe confirmed the ease in contraction, adding to recovery signs. Services PMI … Continue reading

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