Monthly Archives: November 2013

Silver: White metal continues to trader lower in the Asian trading hours

Silver Movement Silver prices declined 0.36% to USD21.35 per ounce during the 24 hours ending 23:00GMT, following the broad strength in the US dollar. In the Asian session, at GMT0400, Silver is trading at 21.11, 1.16% lower from yesterday’s close. … Continue reading

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Gold: Yellow metal extends its southward movement

Gold Movement Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1282.34 per ounce, extending losses from Friday, amid speculations that the Fed would begin tapering its stimulus after better-than-expected US jobs … Continue reading

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AUD/USD: National Australia Bank business confidence declined in October

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9366, hurt by the latest batch of lacklustre economic data from China, Australia’s largest trading partner. People’s Bank of China (PBoC) reported … Continue reading

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USD/CAD: Loonie trading lower amid lack of economic data from Canada

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0471, in a holiday-thin trade. In the Asian session, at GMT0400, the pair is trading at 1.0482, with the USD trading … Continue reading

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USD/CHF: Swiss Franc converging with its MA’s

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9196, on profit booking. In the Asian session, at GMT0400, the pair is trading at 0.9204, with the USD trading 0.09% … Continue reading

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USD/JPY: Yen trading lower

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened marginally against the JPY and closed at 99.16, as investors cashed in their recent profits following Friday’s upbeat US non-farm payroll data. Meanwhile in Japan, the Cabinet Office … Continue reading

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GBP/USD: Pound trading steady ahead of UK consumer inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.10% against the USD and closed at 1.5987, on a quiet trading day amid lack of economic releases from the UK. In the Asian session, at GMT0400, the pair … Continue reading

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EUR/USD: Euro pares its gains in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.46% against the USD and closed at 1.3408, in a clam Monday session. In economic news, on a seasonally adjusted basis, industrial output in Italy rose 0.2% (MoM) in … Continue reading

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Trading Signals per 11-11-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3430   Entry-Limit Sell 0,8405 Limit BUY 1,3390   Limit BUY 0,8365 … Continue reading

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Crude Oil: Crude trading higher, following Friday’s losses

Crude Oil Movement On Friday, Crude Oil prices declined 0.06% against the USD for the period ending 21:00GMT, closing at 94.35, after the US Dollar gained ground against major counterparts following a strong growth in the US non-farm employment data. … Continue reading

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Silver: White metal continues its losing streak in the morning session

Silver Movement On Friday, Silver prices declined 0.81% to USD21.49 per ounce during the period ending 21:00GMT, amid a broadly strong US Dollar. In the Asian session, at GMT0400, Silver is trading at 21.37, 0.57% lower from Friday’s close. Silver … Continue reading

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