Monthly Archives: August 2013

EURUSD: Euro steady above 1.33 levels on Bundesbank report

  For the 24 hours to 23:00 GMT, EUR edged up marginally against the USD and closed at 1.3334, on comments from the German central bank which suggested that the European Central Bank’s (ECB) low interest rate pledge last month … Continue reading

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Gold: Yellow metal regaining its previous session losses this morning

  Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1365.71 per ounce. In the Asian session, at GMT0300, Gold is trading at 1366.78, marginally higher from yesterday’s close. Gold is expected … Continue reading

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Silver: Silver backpedalled yesterday following a sharp rally last week

  Silver prices fell 0.47% to the USD23.15 per ounce during the 24 hours ending 23:00GMT, as investors cashed out of the market to lock in gains after prices rallied last week. In the Asian session, at GMT0300, Silver is … Continue reading

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Crude Oil: Crude Oil continues to trade lower this morning

  Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, amid uncertainty over when the US Federal Reserve would scale back its bond-buying program. However, unrest in Egypt and reduced oil … Continue reading

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Trading Signals per 19-08-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3374   Entry-Limit Sell 0,8550 Limit BUY 1,3334   Limit BUY 0,8510 … Continue reading

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Silver: Silver trading higher in the Asian session

  On Friday, Silver prices rose 1.43% to the USD23.26 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.54, 1.21% higher from Friday’s close. Silver is expected to find support at … Continue reading

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AUD/USD: Pair trading above its MA’s

On Friday, the AUD strengthened 0.71% against the USD to close at 0.9199. LME Copper prices rose 1.5% or $107.5/MT to $7335.5/MT. Aluminium prices rose 1.8% or $34.0/MT to $1876.5/MT. In the Asian session, at GMT0300, the pair is trading … Continue reading

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USD/CAD: Canadian manufacturing shipments unexpectedly fell in June

On Friday, the USD rose 0.21% against the CAD to close at 1.0325. The Canadian Dollar came under pressure, as manufacturing sales in Canada surprisingly dropped 0.5% (MoM) in June to C$48.2 billion, compared to a revised rise of 0.6% … Continue reading

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USD/CHF: Swissy trading lower in the Asian session

On Friday, the USD rose marginally against the CHF and closed at 0.9262. In the Asian session, at GMT0300, the pair is trading at 0.9269, with the USD trading marginally higher from Friday’s close. The pair is expected to find … Continue reading

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USD/JPY: Merchandise trade deficit in Japan widened in July

On Friday, the USD strengthened 0.52% against the JPY and closed at 97.58. In the Asian session, at GMT0300, the pair is trading at 97.61, with the USD trading marginally higher from Friday’s close. This morning, the total merchandise trade … Continue reading

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GBP/USD: UK house prices rose in August, indicates Rightmove

On Friday, GBP rose marginally against the USD and closed at 1.5641. In the Asian session, at GMT0300, the pair is trading at 1.5625, with the GBP trading slightly lower from Friday’s close. Data released this morning indicated that the … Continue reading

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