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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 6, 2014
Trading Signals as per 6-August-2014
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9132 0.9062 GBP/CHF BUY Active 1.5268 1.5358 EUR/USD BUY Active 1.3298 1.3368 EUR/CHF SELL Active 1.2187 1.2142 USD/JPY BUY Active 102.13 102.58 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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Crude Oil: Oil continues its losses in the Asian Session
Crude Oil Movement Crude Oil prices declined 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 97.69. However, the American Petroleum Institute (API) reported that US Crude Oil supplies slipped by 5.5 million barrels in the … Continue reading
Posted in Crude Oil
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Silver: White metal trading below its MA’s
Silver Movement Silver prices declined 2.03% against the USD in the 24 hour period ending 23:00GMT, at 19.78 per ounce. In the Asian session, at GMT0300, Silver is trading at 19.87, 0.48% higher from yesterday’s close. Silver is expected to … Continue reading
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Gold: Yellow metal trading higher this morning
Gold Movement Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1289.10 per ounce, as increased expectations of a sooner-than-expected US interest rate hike curbed the gains arising from looming Ukrainian concerns. In the … Continue reading
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AUD/USD: Aussie trading lower this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.32% against the USD to close at 0.9303. LME Copper prices declined 0.05% or $ 3.5/MT to $ 7100.5/MT. Aluminium prices rose 1.2% or $ 23.0/MT to $ … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie continues with its fall in Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0962. In the Asian session, at GMT0300, the pair is trading at 1.0964, with the USD trading a tad higher from … Continue reading
Posted in USD/CAD
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USD/CHF: Franc trading higher, ahead of Swiss CPI
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9096, amid a broad strength in the greenback following upbeat data from the US. In economic news, the UBS real estate … Continue reading
Posted in USD/CHF
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USD/JPY: Yen trading on a higher footing, ahead of coincident and leading indices
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.62 following better than expected economic data from the US. In the Asian session, at GMT0300, the pair is trading at … Continue reading
Posted in USD/JPY
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GBP/USD: UK services hit an 8-month high level in July
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.6880, following upbeat UK services PMI. The UK Markit services PMI jumped surprisingly to an 8-month high reading of 59.1 in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading flat ahead of German factory order data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.3369, as the service sector expanded at a rate lesser-than-initially estimated to 54.2 in July compared to a market estimate of … Continue reading
Posted in EUR/USD
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