Monthly Archives: August 2016

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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Trading Signals as per 04-August-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1098 1.1158 USD/JPY SELL Active 101.62 100.92 GBP/USD BUY Active 1.3238 1.3358 USD/CAD BUY Active 1.3018 1.3088 AUD/USD BUY Active 0.7578 0.7628 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the JPY and closed at 101.29. In the Asian session, at GMT0300, the pair is trading at 101.04, with the USD trading 0.25% lower against the … Continue reading

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EUR/USD: Eurozone’s services PMI surprisingly edged up in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1146. Markit services PMI data indicated that activity in Euro-zone’s service sector unexpectedly expanded to a level of 52.9 in July, … Continue reading

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EUR/USD: Eurozone’s services PMI surprisingly edged up in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1146. Markit services PMI data indicated that activity in Euro-zone’s service sector unexpectedly expanded to a level of 52.9 in July, … Continue reading

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Crude Oil: Oil reverses its gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.63% against the USD and closed at 41.13. Meanwhile, the Energy Information Administration (EIA) indicated that the US crude oil inventories rose by 1.4 million barrels to … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.99% against the USD and closed at 20.46. In the Asian session, at GMT0300, the pair is trading at 20.255, with the silver trading 1.0% lower from yesterday’s close. … 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 0.39% against the USD and closed at USD1364.2 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1359.6, with the … Continue reading

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