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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: August 1, 2016
Trading Signals as per 01-August-2016
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1128 1.1188 GBP/USD BUY Active 1.3128 1.3278 USD/JPY SELL Active 103.12 102.02 EUR/JPY SELL Active 115.32 113.92 USD/CHF SELL Active 0.9752 0.9672 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 on a stronger footing in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.12% against the USD and closed at 41.46, despite Baker Hughes reporting that the number of active oil rigs in US rose by 3 to 374 last … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at 20.39, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.61, with the silver trading … Continue reading
Posted in Silver
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.36% against the USD and closed at USD1360.4 per ounce, amid weakness in the US Dollar, following dismal US economic data. In the Asian session, at GMT0300, the pair … Continue reading
Posted in Gold
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AUD/USD: Aussie trading lower in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.23% against the USD and closed at 0.7598. LME Copper prices declined 0.19% or $9.0/MT to $4853.0/MT. Aluminium prices rose 1.13% or $18.0/MT to $1616.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s economy shrank by 0.6% in May following Alberta wildfires
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CAD and closed at 1.3054. On the data front, Canada’s gross domestic product (GDP) dropped more-than-expected by 0.6% on a monthly basis in May, contracting … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss franc extends its gains in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.11% against the CHF and closed at 0.9691. Macroeconomic data indicated that, Switzerland’s KOF leading indicator slightly advanced to a level of 102.7 in July, compared to a … 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 declined 2.65% against the JPY and closed at 102.02. In the Asian session, at GMT0300, the pair is trading at 102.56, with the USD trading 0.53% higher against the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading higher in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.55% against the USD and closed at 1.3231. In economic news, data revealed that UK’s mortgage approvals for house purchases fell more-than-forecasted to a level of 64.8K in … Continue reading
Posted in GBP/USD
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EUR/USD: Eurozone’s inflation advanced to an eight-month high in July
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.9% against the USD and closed at 1.1175, after preliminary consumer price index in the Euro-zone rose more-than-expected to an eight-month high level of 0.2% YoY in July, … Continue reading
Posted in EUR/USD
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