Daily Archives: August 5, 2016

Trading Signals as per 5-August-2016

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.7692 0.7642 USD/JPY SELL Active 101.52 112.98 EUR/JPY BUY Active 112.18 112.98 NZD/USD SELL Active 0.7247 0.7195 GBP/CHF SELL Active 1.2909 1.2739 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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GBP/USD: Bank of England slashed key interest rate to record low of 0.25%

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.63% against the USD and closed at 1.3111, after the Bank of England (BoE) cut its benchmark interest rate for the first time since 2009 to a record … Continue reading

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Crude Oil: Oil trading on a weaker, ahead of the Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at 41.78, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 41.74, with the … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.29% against the USD and closed at 20.40. In the Asian session, at GMT0300, the pair is trading at 20.37, with the silver trading 0.15% lower from yesterday’s close. … Continue reading

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Gold: Yellow metal trading a tad lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1367.2 per ounce, after the BoE announced a rate cut for the first time since 2009. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Inflation to remain weak until the end of 2018: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.7626. LME Copper prices declined 1.19% or $57.5/MT to $4787.0/MT. Aluminium prices declined 0.25% or $4.0/MT to $1616.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading flat, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3024. In the Asian session, at GMT0300, the pair is trading at 1.3024, with the USD trading flat against the CAD … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9735. On the data front, Switzerland’s SECO consumer confidence index remained steady at -15.0 in 3Q 2016, compared to market expectations … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the JPY and closed at 101.19. In the Asian session, at GMT0300, the pair is trading at 101.11, with the USD trading 0.08% lower against the … Continue reading

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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 declined 0.18% against the USD and closed at 1.1126. Yesterday, the European Central Bank, in its latest monthly economic bulletin report, warned that Britain’s decision to leave the European … Continue reading

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