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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: December 8, 2015
Trading Signals as per 8-December-2015
Pair Action Status Stop Loss Take Profit GBP/CHF BUY Active 1.4958 1.5088 USD/CHF BUY Active 0.9928 1.0008 USD/CAD BUY Active 1.3459 1.3538 AUD/USD BUY Active 0.7168 0.7238 NZD/USD BUY Active 0.6588 0.6658 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 higher, ahead of the API’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices declined 5.49% against the USD for the 24 hour period ending 23:00GMT, closing at 37.71, slipping to a nearly 7-year low, as signs of an unabated global supply glut persist. In the Asian session, … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a stronger footing in the morning session
Silver Movement Silver prices declined 1.97% to USD 14.22 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.23, with the silver trading 0.11% higher … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement Gold prices traded lower by 1.33% against the USD in the 24 hour period ending 23:00GMT, at 1069.30 per ounce, reversing its previous session gains, amid a broad strength in the greenback. Separately, assets in SPDR Gold Trust, … Continue reading
Posted in Gold
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AUD/USD: Aussie trading lower, ahead of Australia’s Westpac consumer confidence index data
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.03% against the USD to close at 0.7261. LME Copper prices declined 0.96% or $44.5/MT to $4592.5/MT. Aluminium prices declined 0.33% or $5.0/MT to $1498.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading tad lower, ahead of Canada’s housing starts data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.01% against the CAD to close at 1.3508. In the Asian session, at GMT0400, the pair is trading at 1.3516, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc reverses its losses in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 1.0006. In economic news, Switzerland’s foreign currency reserves reached an all-time high of CHF562.7 billion in November, from a revised level … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese GDP revised from recession to growth in 3Q 2015
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.16% against the JPY and closed at 123.39. In the Asian session, at GMT0400, the pair is trading at 123.14, with the USD trading 0.2% lower from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading on a weaker footing, ahead of UK’s NIESR GDP estimate data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.41% against the USD and closed at 1.5047. In the Asian session, at GMT0400, the pair is trading at 1.5045, with the GBP trading marginally lower from yesterday’s … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher, ahead of Euro-zone’s flash Q3 GDP data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.40% against the USD and closed at 1.0833, after Germany’s industrial production advanced less-than-expected in October. Data showed that German industrial production rebounded after two months of declines … Continue reading
Posted in EUR/USD
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