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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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Monthly Archives: August 2016
Silver: White metal trading between its MA’s
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.3% against the USD and closed at 20.20. In the Asian session, at GMT0300, the pair is trading at 20.12, with the silver trading 0.42% lower from yesterday’s close. … Continue reading
Posted in Silver
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Gold: Yellow metal trading lower in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.45% against the USD and closed at 1353.0, on the back of a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at … 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 0.63% against the USD and closed at 0.7714. LME Copper prices rose 2.0% or $95.5/MT to $4874.5/MT. Aluminium prices rose 1.23% or $20.0/MT to $1646.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading lower in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.5% against the CAD and closed at 1.3048. In the Asian session, at GMT0300, the pair is trading at 1.306, with the USD trading 0.09% higher against the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a weaker footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CHF and closed at 0.9736. In the Asian session, at GMT0300, the pair is trading at 0.9743, with the USD trading 0.07% higher against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen reverses its gains this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.72% against the JPY and closed at 101.17. In the Asian session, at GMT0300, the pair is trading at 101.22, with the USD trading marginally higher against the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading a tad lower in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.3020. On the data front, UK’s RICS house price balance declined to its lowest level since April 2013, after rose 5.0% … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading on a weaker footing this morning
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.64% against the USD and closed at 1.1184. In economic news, data suggested that industrial production in France unexpectedly fell by 0.8% on a monthly basis in June, … Continue reading
Posted in EUR/USD
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Trading Signals as per 10-August-2016
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9832 0.9782 USD/JPY BUY Active 100.88 101.68 EUR/JPY BUY Active 112.48 113.48 NZD/USD BUY Active 0.7155 0.7234 USD/CAD BUY Active 1.3028 1.3108 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
Posted in Trading Signals
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GBP/USD: UK’s economy expanded at a slower pace following Brexit vote: NIESR
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.23% against the USD and closed at 1.3003, after UK’s leading think tanker, NIESR estimated that UK’s economy grew at a slower pace of 0.3% in the three … Continue reading
Posted in GBP/USD
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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 rose 0.3% against the USD and closed at 1.1113. Macroeconomic data indicated that Germany’s trade surplus widened to a level of €24.9 billion in June, compared to market expectations … Continue reading
Posted in EUR/USD
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