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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
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Daily Archives: October 2, 2014
Trading Signals as per 02-October-2014
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2682 1.2582 AUD/USD SELL Active 0.8842 0.8752 EUR/CHF BUY Active 1.1990 1.2130 EUR/GBP SELL Active 0.7844 0.7799 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading
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EUR/USD: Euro trading higher, ahead of the ECB interest rate decision
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.2622, after manufacturing PMI in Germany deteriorated to 49.9 in September, lower than market expectations for a level of 50.3 and … Continue reading
Posted in EUR/USD
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 90.91 following dismal Eurozone macroeconomic data. Losses were capped after the Energy Information Administration (EIA) reported that the US crude … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a stronger footing this morning
Silver Movement Silver prices rose 1.33% to USD 17.16 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold. In the Asian session, at GMT0300, the pair is trading at 17.28, with the silver trading 0.7% higher from … Continue reading
Posted in Silver
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement Gold prices traded higher/lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1213.60 per ounce, after manufacturing activity in the US expanded less than expected in September, thus prompting investors to turn to … Continue reading
Posted in Gold
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AUD/USD: Aussie trading higher amid robust macroeconomic data
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.07% against the USD to close at 0.8740. LME Copper prices rose 0.28% or $19.0/MT to $6755.0/MT. Aluminium prices declined 1.89% or $36.5/MT to $1898.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD to close at 1.1162. The Canadian Dollar gained ground after Canada’s manufacturing PMI advanced to 53.5 in September, compared to a reading of 54.8 … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a stronger footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9564. The Swiss Franc lost ground, after the Swiss PMI edged down to 50.4 in September, compared to previous month’s level … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its gains in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.51% against the JPY and closed at 109.07. In economic news, vehicle sales in Japan slid 2.8% on an annual basis in September, compared to a fall of … Continue reading
Posted in USD/JPY
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GBP/USD: Pound reverses its losses ahead of the UK construction PMI data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6192, after the UK reported downbeat manufacturing PMI. The nation’s manufacturing PMI unexpectedly eased to 51.6 in September, registering its slowest … Continue reading
Posted in GBP/USD
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