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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: August 1, 2014
Trading Signals as per 1-August-2014
Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.0972 1.0902 GBP/CHF SELL Active 1.5342 1.5252 GBP/USD BUY Active 1.6778 1.6848 USD/CHF BUY Active 0.9048 0.9118 EUR/USD SELL Active 1.3348 1.3418 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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Crude Oil: Oil demand to grow 1.2 mb/d, OPEC
Crude Oil Movement Crude Oil prices declined 1.63% against the USD for the 24 hour period ending 23:00GMT, closing at 97.76. In a noteworthy development, the OPEC Monthly Oil Market Report for July 2014 projected that the world oil demand … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its losses in Asian session
Silver Movement Silver prices declined 1.33% to USD 20.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.43, 0.2% higher from yesterday’s close. Silver is expected to find support at … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, after US labour costs recorded their biggest gain in more than 5-1/2 years in the second quarter boosted the economy’s outlook, which … Continue reading
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AUD/USD: AiG performance of manufacturing index comes to expansion territory in July
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.9302. LME Copper prices rose 0.6% or $ 45.5/MT to $ 7135.5/MT. Aluminium prices rose 1.7% or $ 34.0/MT to $ … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie extends its losses in the Asian session despite upbeat GDP data from Canada
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0906. The Canadian Dollar lost ground despite Canada’s economic growth data registering its fifth monthly rise, expanding 0.4% (MoM) in May … Continue reading
Posted in USD/CAD
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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 marginally declined against the CHF and closed at 0.9088. The Swiss Franc gained ground despite Moody’s slashing its outlook for Swiss banking system to ‘Negative’ from ‘Stable’. In the … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading lower following soft PMI data.
USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.81. Yesterday, the IMF urged Japan to continue implementing economic reforms in the nation as failure to do so would endanger … Continue reading
Posted in USD/JPY
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GBP/USD: UK House prices slowed in July, Nationwide
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.6888. Yesterday, the Nationwide reported that on a monthly basis, the seasonally adjusted house prices in the UK climbed 0.1% in … Continue reading
Posted in GBP/USD
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EUR/USD: US Dollar trading tad higher ahead of US nonfarm payrolls data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3389, after inflation in the Euro-zone continued its downward trend and fell to its lowest level in almost five years in … Continue reading
Posted in EUR/USD
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