Daily Archives: November 7, 2013

Trading Signals per 07-11-2013

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3498   Entry-Limit Buy 0,8383 Limit SELL 1,3538   Limit SELL 0,8423 … Continue reading

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Crude Oil: EIA reported a less than expected rise in the weekly US crude inventories

Crude Oil prices advanced 1.27% against the USD for the 24 hour period ending 23:00GMT, closing at 94.86, following weakness in the US dollar. Positive sentiment was also fuelled after the Energy Information Administration (EIA) reported that motor fuel consumption … Continue reading

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USD/CHF: Swiss Franc trading higher in the morning session

For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 0.9120. In the Asian session, at GMT0400, the pair is trading at 0.9117, with the USD trading marginally lower from yesterday’s close. The … Continue reading

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Silver: White metal pares gains in the Asian session

Silver Movement Silver prices rose 0.52% to USD21.80 per ounce during the 24 hours ending 23:00GMT, buoyed by a rise in the prices of industrial metals and a weakness in the US Dollar. In the Asian session, at GMT0400, Silver … Continue reading

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Gold: Yellow metal gives up ground against the US Dollar

Gold Movement Gold prices traded higher by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1317.51 per ounce, amid a broadly weak dollar. In the Asian session, at GMT0400, Gold is trading at 1315.57, 0.15% lower … Continue reading

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AUD/USD: Full-time employment in Australia dropped the most in more than a year

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 0.9527. LME Copper prices rose 0.9% or $61.5/MT to $7200.0/MT. Aluminium prices advanced 1.0% or $17.0/MT to $1784.5/MT. In the Asian session, … Continue reading

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USD/CAD: Canada’s Ivey PMI surpassed analysts’ expectation for October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.30% against the CAD to close at 1.0422. The Canadian Dollar gained ground against the US Dollar after a report showed that, on a seasonally adjusted basis, the … Continue reading

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USD/JPY: Yen snaps its losses in the Asian trading hours

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.19% against the JPY and closed at 98.66, ahead of Bank of Japan (BoJ)’s release of a monthly economic survey report, and amid speculations that the BoJ would … Continue reading

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GBP/USD: UK GDP grew 0.7% during the three months ended October, indicates NIESR

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6084, as the latest batch of upbeat industrial and manufacturing output data, strengthened the recovery prospect of the UK economy. Industrial production … Continue reading

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EUR/USD: Euro trading tad higher ahead of ECB interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.34% against the USD and closed at 1.3518. In economic news, Markit economic reported that Euro-zone’s service sector PMI fell less-than-expected to a reading of 51.6 in October, from … Continue reading

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