Daily Archives: December 6, 2013

Trading Signals per 6-12-2013

FOREX-Signals                       EUR/USD SHORT     EUR/GBP SHORT                 Entry-Limit Sell 1,3686   Entry-Limit Sell 0,8373 Limit BUY 1,3646   Limit BUY 0,8333 … Continue reading

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Crude Oil: Oil prices showing convergence with both its MA’s

Crude Oil Movement Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 97.44, as upbeat US economic data indicated resurgent demand in the world’s biggest economy. In the Asian session, at GMT0400, … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 1.50% to USD19.39 per ounce during the 24 hours ending 23:00GMT, amid a broadly strong dollar. In the Asian session, at GMT0400, Silver is trading at 19.35, 0.20% lower from yesterday’s close. Silver is expected … Continue reading

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Gold: Gold stable in the Asian session

Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1225.35 per ounce, as positive data from the US diminished the precious metal’s safe-haven appeal. Economic data released yesterday indicated that … Continue reading

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AUD/USD: Aussie reverses its direction in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 0.9067. LME Copper prices rose 1.5% or $106.0/MT to $7081.0/MT. Aluminium prices advanced 1.5% or $26.0/MT to $1728.0/MT. In the Asian session, … Continue reading

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USD/CAD: Loonie trading lower ahead of Canada’s unemployment data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD to close at 1.0650. The Canadian Dollar gained ground against the greenback after an official report revealed that building permits in Canada surged 7.4% … Continue reading

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USD/CHF: Swiss Franc trading tad lower, ahead of release of Swiss CPI numbers

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CHF and closed at 0.8968. In the Asian session, at GMT0400, the pair is trading at 0.8970, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/JPY: Yen trading lower in the Asian session, following yesterday’s gain

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.67% against the JPY and closed at 101.72. The greenback lost momentum, despite better-than-expected US GDP figure and a notable decline in claims for US unemployment benefits. In … Continue reading

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GBP/USD: BoE holds interest rate steady

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6332. In its policy meeting, the Bank of England (BoE) left its monetary policy unchanged. The BoE’s interest rate decision came after … Continue reading

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EUR/USD: ECB slashes inflation forecast even as it holds steady on policy

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.61% against the USD and closed at 1.3669, after the European Central Bank (ECB) left its key interest rate unchanged. Meanwhile, the ECB Chief, Mario Draghi downplayed deflation risks. … Continue reading

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