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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: January 6, 2016
Trading Signals as per 06-January-2016
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 1.0038 1.0138 GBP/USD SELL Active 1.4682 1.4582 USD/JPY SELL Active 119.42 118.32 EUR/JPY BUY Active 126.48 128.08 NZD/USD SELL Active 0.6712 0.6612 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 lower, ahead of the EIA’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices declined 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 36.26, extending its previous session losses. Separately, the American Petroleum Institute (API) disclosed that US crude oil inventories fell by … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its gains in the morning session
Silver Movement Silver prices rose 0.76% to USD 13.97 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 13.935, with the silver trading 0.25% lower … Continue reading
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Gold: Yellow metal trading on a stronger footing in the Asian session
Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1077.00 per ounce, amid China-induced massive equity sell-off and the Middle East’s escalated geopolitical tensions. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Australia’s service sector contracted for the third consecutive month in December
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.23% against the USD to close at 0.7165, after Australia’s AiG performance of services index dropped for the third straight month to a level of 46.3 in December, … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.3975. In economic news, Canada’s raw material price index declined more-than-expected by 4.0% MoM in November, compared to a revised flat … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc extends its losses in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.60% against the CHF and closed at 1.0082. In the Asian session, at GMT0400, the pair is trading at 1.0092, with the USD trading 0.1% higher from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s services PMI continues to expand in December
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 119.12 In the Asian session, at GMT0400, the pair is trading at 118.67, with the USD trading 0.38% lower from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading lower, ahead of UK’s Markit services PMI data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.4679. In economic news, UK’s Markit construction PMI rebounded more-than-expected to a level of 57.8 in December, from a seven-month low … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower, ahead of Markit services PMI data across the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.68% against the USD and closed at 1.0753, after consumer prices in the Euro-zone rose less-than-expected by 0.2% YoY in December, against investor expectations for a growth of … Continue reading
Posted in EUR/USD
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