Monthly Archives: August 2014

AUD/USD: Aussie trading on a lower footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.15% against the USD to close at 0.9285. LME Copper prices declined 0.2% or $12.5/MT to $6922.0/MT. Aluminium prices rose 0.4% or $9.0/MT to $2037.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a lower footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD to close at 1.0967. In economic news, June wholesale sales advanced 0.6% in Canada, on a monthly basis, beating market expectations for a rise … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session, ahead of Swiss trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.9135. In the Asian session, at GMT0300, the pair is trading at 0.9143, with the USD trading 0.09% higher from yesterday’s … Continue reading

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USD/JPY: Japanese Yen continues with its losses this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.78% against the JPY and closed at 103.72. In economic news, convenience store sales fell 0.7%, on an annual basis in July, in Japan, compared to a fall … Continue reading

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GBP/USD: Pound trading on a lower footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6596. The greenback strengthened as the minutes of the latest Fed meeting was hawkish. However, the Pound gained earlier after the … Continue reading

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EUR/USD: Euro trading lower ahead of PMI data from the Euro-zone and its peripheries

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.3258. The US Dollar gained ground after the US Fed, in the minutes of its latest policy meeting, highlighted the improvements … Continue reading

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Trading Signals as per 20-August-2014

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.3258 1.3328 USD/CHF SELL Active 0.9152 0.9082 USD/CAD SELL Active 1.0982 1.0912 AUD/USD BUY Active 0.9258 0.9328 EUR/JPY BUY Active 136.78 137.58 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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EUR/USD: Euro continues its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3321, after the Eurozone’s current account surplus narrowed in June. Meanwhile, upbeat economic data from the US supported the greenback. The … Continue reading

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Crude Oil: Oil trading higher ahead of crude-oil supplies data by EIA

Crude Oil Movement Crude Oil prices declined 1.91% against the USD for the 24 hour period ending 23:00GMT, closing at 94.85, geopolitical tensions in Ukraine, Iraq and Libya faded. Meanwhile, the US President Barack Obama stated that the US army … Continue reading

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Silver: White metal trading higher this morning

Silver Movement Silver prices declined 0.89% to USD 19.43 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.47, 0.21% higher from yesterday’s close. Silver is … Continue reading

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Gold: Yellow metal continues with its losses in the Asian session, ahead of FOMC minutes

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1296.60 per ounce, as encouraging housing and consumer inflation data raised expectations of a interest rate hike by Fed. In the … Continue reading

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