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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: December 4, 2015
Trading Signals as per 04-December-2015
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1082 1.0732 USD/CAD BUY Active 1.3268 1.3388 USD/CHF SELL Active 1.0142 0.9892 USD/JPY SELL Active 123.62 122.42 EUR/JPY BUY Active 131.98 134.68 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement Crude Oil prices advanced 3.09% against the USD for the 24 hour period ending 23:00GMT, closing at 41.35, after news emerged that Saudi Arabia might propose a cut in daily oil supply next year in an attempt … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing in the Asian session
Silver Movement Silver prices rose 0.86% to USD 14.11 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.07, with the silver trading 0.25% lower … Continue reading
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Gold: Yellow metal trading lower this morning
Gold Movement Gold prices traded higher by 0.91% against the USD in the 24 hour period ending 23:00GMT, at 1062.60 per ounce, amid a weaker greenback. In the Asian session, at GMT0400, the pair is trading at 1061.3, with the … Continue reading
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AUD/USD: Aussie retail sales surpassed expectations in October
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.44% against the USD to close at 0.7333. LME Copper prices declined 1.39% or $64.0/MT to $4525.0/MT. Aluminium prices rose 0.17% or $2.5/MT to $1462.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s unemployment rate data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3347. In the Asian session, at GMT0400, the pair is trading at 1.3355, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading tad lower, ahead of Switzerland’s CPI data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 2.60% against the CHF and closed at 0.9930. In the Asian session, at GMT0400, the pair is trading at 0.9925, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese consumer confidence increased in November
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.51% against the JPY and closed at 122.66. Yesterday, BoJ board member, Takahide Kiuchi, indicated that the central bank’s targeted 2.0% inflation is unlikely to be achieved due … Continue reading
Posted in USD/JPY
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GBP/USD: UK services PMI rose to a 4-month high in November
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.30% against the USD and closed at 1.5139, after UK’s Markit services PMI notched its highest level since July 2015. Data showed that Britain’s services PMI advanced more-than-expected … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading flat in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR surged 3.03% against the USD and closed at 1.0930, after the ECB’s decision did not match traders’ expectations for stimulus measures. The ECB slashed its deposit rate further into … Continue reading
Posted in EUR/USD
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