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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 8, 2016
Trading Signals as per 8-August-2016
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1132 1.1062 GBP/USD BUY Active 1.2968 1.3088 USD/JPY BUY Active 101.78 102.58 EUR/JPY SELL Active 113.72 112.92 NZD/USD BUY Active 0.7074 0.7142 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
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GBP/USD: Pound trading on a stronger footing this morning
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3071. On the data front, UK’s seasonally adjusted Halifax house price index eased more-than-forecasted by 1.0% on a monthly basis in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s Sentix investor confidence data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1086. In economic news, Germany’s seasonally adjusted factory orders unexpectedly dropped by 0.4% MoM in June, amid subdued demand for investment … Continue reading
Posted in EUR/USD
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Crude Oil: Crude trading lower in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.31% against the USD and closed at 41.91. However, crude prices paired gains, after the Baker Hughes disclosed that US rig count rose for a sixth straight … Continue reading
Posted in Crude Oil
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Silver: White metal extends its losses in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.31% against the USD and closed at 19.73, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.70, with the silver trading … Continue reading
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Gold: Yellow metal trading on a weaker footing this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.68% against the USD and closed at USD1344.2 per ounce, as robust US jobs report dented the demand for the safe-haven yellow metal. In the Asian session, at GMT0300, … Continue reading
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AUD/USD: Aussie trading on a weaker footing this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7621. LME Copper prices rose 0.11% or $5.5/MT to $4792.5/MT. Aluminium prices rose 0.74% or $12.0/MT to $1628.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.06% against the CAD and closed at 1.3162. The Canadian Dollar lost ground, after data revealed that Canada’s unemployment rate rose to a level of 6.9% in July, … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s inflation data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.66% against the CHF and closed at 0.9799. In the Asian session, at GMT0300, the pair is trading at 0.9792, with the USD trading 0.07% lower against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s current account surplus shrank in June
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the JPY and closed at 101.74. In the Asian session, at GMT0300, the pair is trading at 102.11, with the USD trading 0.36% higher against the … Continue reading
Posted in USD/JPY
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