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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: February 6, 2014
Trading Signals per 06-02-2014
FOREX-Signals EUR/USD SHORT EUR/GBP SHORT Entry-Limit Sell 1,3553 Entry-Limit Sell 0,8315 Limit BUY 1,3513 Limit BUY 0,8275 … Continue reading
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Crude Oil: Weekly US crude stockpiles rose less than analysts’ expectations, indicated EIA.
Crude Oil Movement Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 97.36. Yesterday, the Energy Information Administration (EIA) reported a 440,000 barrels rise in the US crude stockpiles for the week … Continue reading
Posted in Crude Oil
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Silver: White metal trading above its MA’s
Silver Movement Silver prices rose 2.18% to USD19.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.92, tad lower from yesterday’s close. Silver is expected to find support at 19.52, … Continue reading
Posted in Silver
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Gold: Yellow metal reverses its direction in the morning session
Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1258.55 per ounce. In the Asian session, at GMT0400, Gold is trading at 1255.73, 0.22% lower from yesterday’s close. Gold is … Continue reading
Posted in Gold
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AUD/USD: Aussie trading higher on upbeat domestic data
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 0.8928. LME Copper prices declined 0.2% or $11.0/MT to $7096.0/MT. Aluminium prices rose 1.3% or $21.5/MT to $1663.0/MT. In the Asian session, … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie extends its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.1080, following a weak ADP private sector employment data in January. On the economic front, the Statistics Canada reported that building … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc cap to remain in place for as long as necessary, says SNB Chief, Thomas Jordan
USDCHF Movement For the 24 hours to 23:00 GMT, the USD ended the day flat against the CHF and closed at 0.9041. In Switzerland, the Swiss National Bank (SNB) Chief, Thomas Jordan reiterated his earlier view that the cap on … Continue reading
Posted in USD/CHF
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USD/JPY: BoJ would not stop easing abruptly, says BoJ Deputy Governor, Kikuo Iwata
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 101.47, after data showed that the US private sector added fewer-than-expected jobs in the month of January. In the Asian session, … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading lower, with focus on BoE’s policy decision
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.6324, after Markit Economics reported that the UK service sector activity declined to a seven-month low reading of 58.3 in January, defying … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower ahead of ECB’s interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.13% against the USD and closed at 1.3534. The US Dollar declined against the Euro after the ADP report showed that the US private sector added 175,000 jobs in … Continue reading
Posted in EUR/USD
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