Monthly Archives: August 2013

USD/CHF: Pair trading below with its MA’s

  For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9222. In the Asian session, at GMT0300, the pair is trading at 0.922, with the USD trading tad lower from yesterday’s close. … Continue reading

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USD/JPY: Yen reversed yesterday’s gains

  For the 24 hours to 23:00 GMT, the USD weakened 0.44% against the JPY and closed at 98.29, as US durable goods orders fell for July, adding to disappointing set of data for July that have suggested that economic … Continue reading

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GBP/USD: Trading lower this morning, after inching higher in holiday trade

  For the 24 hours to 23:00 GMT, GBP edged up slightly against the USD and closed at 1.5583, taking its cues from Friday’s report that showed that the UK’s GDP rose 0.7% (QoQ) during the second quarter, surpassing analysts’ … Continue reading

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EUR/USD: Political tensions in Italy proved dampener for the Euro

  For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3378 as a lacklustre US durable goods data fuelled fresh concerns over Fed stimulus measures. Sentiments were also hurt by the threat of … Continue reading

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Crude Oil: Social unrest in Syria pushes oil higher

  Crude Oil prices declined 0.69% against the USD for the 24 hour period ending 23:00GMT, closing at 106.23, as a dismal US durable goods orders data sparked concerns over the demand prospect of the commodity. Additionally, supply concerns from … Continue reading

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Silver: White Metal continues its downward movement

  Silver prices dropped 0.17% to the USD24.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 24.12, 0.44% lower from yesterday’s close. Silver is expected to find support at 23.87, … Continue reading

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Gold: Gold continues to lose its shine in the Asian session

  Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1401.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1398.1, 0.21% lower from yesterday’s close. Gold is expected … Continue reading

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Trading Signals per 26-08-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3365   Entry-Limit Sell 0,8603 Limit SELL 1,3405   Limit BUY 0,8563 … Continue reading

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Trading Signals as per 23-08-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP LONG                 Entry-Limit Sell 1,3369   Entry-Limit Buy 0,8540 Limit BUY 1,3329   Limit SELL 0,8580 … Continue reading

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AUD/USD: Aussie extends its gains in the Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9017, as upbeat manufacturing PMI data from China, Germany, Euro-zone and the US boosted investors risk appetite. LME Copper prices rose 1.4% or … Continue reading

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USD/CAD: Loonie continues its slide on lacklustre retail sales data

  For the 24 hours to 23:00 GMT, the USD advanced 0.31% against the CAD to close at 1.0519. The Canadian Dollar came under pressure after an official report revealed that retail sales in Canada declined 0.6% (MoM) during June, … Continue reading

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