Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.66% against the USD and closed at USD68.78 per barrel, ahead of US sanctions on Iran to be imposed in November. In the Asian session, at GMT0300, … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.24% against the USD and closed at USD14.60 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.63, with silver trading 0.21% higher against the … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.20% against the USD and closed at USD1228.40 per ounce, as a decline in US equities boosted the demand appeal of the safe haven asset. In the Asian session, … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.15% against the USD and closed at 0.7098. LME Copper prices declined 1.6% or $102.0/MT to $6147.0/MT. Aluminium prices rose 0.5% or $10.5/MT to $2007.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3081. In the Asian session, at GMT0300, the pair is trading at 1.3065, with the USD trading 0.12% lower against the … Continue reading

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USD/CHF: Switzerland posted a trade surplus in September

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 0.9958. In economic news, Switzerland’s trade surplus expanded to a level of CHF 1.45 billion in September, following a surplus of … Continue reading

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USD/JPY: Japan’s consumer price index climbed in September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the JPY and closed at 112.20. In the Asian session, at GMT0300, the pair is trading at 112.40, with the USD trading 0.18% higher against the … Continue reading

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GBP/USD: UK’s retail sales declined more-than-forecast in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3020, after UK’s retail sales retreated 0.8% on a monthly basis in September, higher than market anticipation for a fall of … Continue reading

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EUR/USD: Euro trading a tad higher in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1455. In the US, data indicated that US seasonally adjusted initial jobless claims eased to a level of 210.0K in the … Continue reading

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Trading Signals as per 18-October-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1532 1.1472 USD/CHF BUY Active 0.9918 0.9978 GBP/USD BUY Active 1.3038 1.3128 USD/JPY SELL Active 112.82 112.32 GBP/CHF BUY Active 1.2961 1.307 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Crude Oil: EIA reports a rise in weekly US crude inventories

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.1% against the USD and closed at USD69.94 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles climbed 6.5 million barrels … Continue reading

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