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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: November 5, 2014
Trading Signals as per 05-November-2014
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9652 0.9582 GBP/USD BUY Active 1.5918 1.5998 USD/JPY BUY Active 113.68 114.58 EUR/JPY SELL Active 144.02 142.92 NZD/USD BUY Active 0.7728 0.7828 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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Crude Oil: Oil trading lower ahead of the EIA’s weekly crude oil data
Crude Oil Movement Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 77.32, extending its previous session losses. Meanwhile, the American Petroleum Institute (API) revealed that the US crude oil inventories dropped … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower in the Asian session
Silver Movement Silver prices declined 0.62% to USD 16.03 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.87, with the silver trading 1% lower from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal reverses its gains this morning
Gold Movement Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 23:00GMT, at 1169.00 per ounce, as a broad decline in global equity markets and dismal economic data from the US, enhanced the demand … Continue reading
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AUD/USD: Aussie trading lower in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.75% against the USD to close at 0.8759, amid a broad weakness in the US Dollar. On the macro front, Australia’s AiG performance of services index fell to … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie reverses its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD to close at 1.1400. On the macro front, Canada registered an international merchandise trade surplus of CAD 0.71 billion in September, compared to a … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher ahead of the Swiss monthly inflation data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CHF and closed at 0.9594, following disappointing economic data from the US. In economic news, the UBS real estate bubble index in Switzerland recorded a … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a weaker footing this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 113.46, reversing its previous session gains. In economic news, Japanese vehicle sales declined 9.1% on a YoY basis in October, compared … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading on a stronger footing ahead of the UK services PMI data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.6007. In economic news, construction activity in Britain dropped to a 5-month low level of 61.4 in October, lower than market … Continue reading
Posted in GBP/USD
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EUR/USD: Euro extends its gains ahead of the Euro-zone’s retail sales data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.2553. In economic news, the European Commission (EC) in its economic forecast downgraded the Euro-zone’s economic growth projections to 0.8% and … Continue reading
Posted in EUR/USD
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