Monthly Archives: August 2016

AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.69% against the USD and closed at 0.7626. LME Copper prices declined 0.59% or $28.5/MT to $4774.0/MT. Aluminium prices declined 2.48% or $42.0/MT to $1648.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s inflation decelerated in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD and closed at 1.2855. The Canadian Dollar lost ground, after disappointing economic data reignited speculation that growth has contracted in the second quarter. Data … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CHF and closed at 0.9592. In the Asian session, at GMT0300, the pair is trading at 0.9625, with the USD trading 0.34% higher against the … Continue reading

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USD/JPY: Japanese Yen extends its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the JPY and closed at 100.12. In the Asian session, at GMT0300, the pair is trading at 100.72, with the USD trading 0.6% higher against the … Continue reading

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GBP/USD: Pound trading on a weaker footing in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3079. On the data front, UK’s public sector net borrowing posted a surplus of £1.5 billion, from a revised deficit of … Continue reading

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Trading Signals as per 19-August-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1372 1.1292 USD/CHF SELL Active 0.9632 0.9542 USD/CAD BUY Active 1.2758 1.2868 USD/JPY SELL Active 100.72 99.82 EUR/JPY SELL Active 114.12 113.12 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 flat, ahead of the Baker Hughes weekly oil rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.05% against the USD and closed at USD48.28 per barrel, amid mounting hopes that Saudi Arabia and Russia will agree to curb production. In the Asian session, … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.2% against the USD and closed at 19.73. In the Asian session, at GMT0300, the pair is trading at 19.62, with the silver trading 0.53% lower from yesterday’s close. … Continue reading

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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 0.11% against the USD and closed at USD1357.5 per ounce, amid rising speculation that US Fed will slow down the pace of interest rate hikes. In the Asian session, … Continue reading

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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 0.29% against the USD and closed at 0.7679. LME Copper prices rose 0.99% or $47.0/MT to $4802.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $1690.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s July inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.2774. In the Asian session, at GMT0300, the pair is trading at 1.2807, with the USD trading 0.26% higher against the … Continue reading

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