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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: February 10, 2015
Trading Signals as per 10-February-2015
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9168 0.9288 GBP/USD SELL Active 1.5302 1.5202 USD/JPY SELL Active 119.02 118.22 GBP/CHF SELL Active 1.4222 1.3992 AUD/USD SELL Active 0.7846 0.7762 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading
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Crude Oil: The OPEC raised oil’s demand growth outlook
Crude Oil Movement Crude Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 52.41. Losses in oil prices were kept in check, after the Organization of the Petroleum Exporting Countries (OPEC) raised its … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a stronger footing in the Asian session
Silver Movement Silver prices rose 1.49% to USD 16.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.035, with the silver trading 0.29% higher from yesterday’s close. The pair … Continue reading
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Gold: Yellow metal trading higher this morning
Gold Movement Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1238.80 per ounce, as growing uncertainty over Greek exit from the Euro-zone raised the safe-haven demand for the precious metal. Meanwhile, … Continue reading
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AUD/USD: The NAB expects three rate cuts from the RBA this year
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7798, rebounding from its previous session losses. LME Copper prices declined 0.46% or $26.0/MT to $5666.0/MT. Aluminium prices declined 0.88% or … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie extends its gains in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2471. The CAD gained ground, after Canadian housing starts surprisingly rose to a level of 187.3 K in January, compared to … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher ahead of Swiss unemployment and CPI data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9245. Yesterday, the SNB reported that sight deposits rose to CHF384.889 billion in the week ended 06 February, compared to previous … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its gains this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.36% against the JPY and closed at 118.64. In economic news, Japan’s Eco watchers survey for the current situation advanced to 45.60 in January, while markets were expecting … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading higher ahead of the NIESR GDP estimate data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.5218. Yesterday, the BoE Governor, Mark Carney mentioned that wage growth in the nation was improving. He also praised the ECB … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1326, following encouraging economic releases from Germany. Data revealed that Germany’s trade surplus unexpectedly increased to its highest level of €19.1 … Continue reading
Posted in EUR/USD
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