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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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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: November 7, 2014
Trading Signals as per 07-November-2014
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9668 0.9768 USD/CAD SELL Active 1.1482 1.1412 NZD/USD SELL Active 0.7712 0.7632 EUR/JPY BUY Active 141.78 143.28 EUR/CHF BUY Active 1.1990 1.2180 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 below its MA’s
Crude Oil Movement Crude Oil prices declined 1.36% against the USD for the 24 hour period ending 23:00GMT, closing at 77.87, after the Organization of Petroleum Exporting Countries (OPEC) slashed the demand forecast for its oil in its annual world … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower this morning
Silver Movement Silver prices rose 0.20% to USD 15.38 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 15.305, with the silver trading 0.49% lower from yesterday’s close. The pair … Continue reading
Posted in Silver
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Gold: Yellow metal extends its losses in the Asian session
Gold Movement Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1140.20 per ounce, after the US registered encouraging weekly initial jobless claims data, thus weakening the demand outlook of the precious … Continue reading
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AUD/USD: The RBA lowered Australia’s inflation outlook
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.8561, after Australia’s AiG performance of construction index dropped to 53.4 in October, after registering a level of 59.1 in the … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie continues its losses ahead of Canada’s unemployment rate data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.1426. The CAD traded on a weaker footing, after Canadian Ivey PMI on a seasonally adjusted basis dropped to a 2-month … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading flat ahead of Switzerland’s unemployment rate data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9728, after the US registered upbeat initial jobless claims data. The Swiss Franc lost ground, after Switzerland’s SECO consumer confidence index … 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 strengthened 0.47% against the JPY and closed at 115.23, extending its earlier session gains. In the Asian session, at GMT0400, the pair is trading at 115.24, with the USD … Continue reading
Posted in USD/JPY
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GBP/USD: The BoE kept its monetary policy unchanged in November
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.81% against the USD and closed at 1.5837. Yesterday, the BoE in a much expected move decided to keep its interest rates unchanged at a record low of … Continue reading
Posted in GBP/USD
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EUR/USD: The ECB ready to pump in more stimulus if required, said the central bank Chief
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.76% against the USD and closed at 1.2380, after the ECB remained more dovish in its monthly monetary policy meeting. Yesterday, the ECB Chief, Mario Draghi indicated that … Continue reading
Posted in EUR/USD
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