Daily Archives: September 22, 2016

Trading Signals as per 22-September-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1188 1.1258 GBP/USD BUY Active 1.2978 1.3098 USD/CAD BUY Active 1.2938 1.3098 AUD/USD BUY Active 0.7618 0.7698 EUR/JPY SELL Active 113.92 112.52 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 on a stronger footing in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD45.56 per barrel, extending its previous session gains, after the Energy Information Administration (EIA) reported that US crude oil inventories … Continue reading

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Silver: White metal trading slightly higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.16% against the USD and closed at USD 19.91, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.915, with the silver … Continue reading

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Gold: Yellow metal trading a tad lower this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.45% against the USD and closed at USD1337.70 per ounce, after the US Federal Reserve held benchmark interest rate steady. Holdings in SPDR Gold Trust, the world’s largest gold-backed … Continue reading

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AUD/USD: Aussie trading slightly lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.03% against the USD and closed at 0.7633. LME Copper prices rose 0.01% or $0.5/MT to $4733.0/MT. Aluminium prices rose 0.45% or $7.0/MT to $1570.0/MT. In the Asian … Continue reading

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USD/CAD: OECD slashes Canada’s economic growth forecast for 2016 and 2017

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD and closed at 1.3080. Yesterday, the Organization for Economic Co-operation and Development (OECD) slashed Canada’s growth forecast and has again warned of the risk … Continue reading

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USD/CHF: Swiss Franc reverses its gains this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CHF and closed at 0.9731. The Swiss National Bank (SNB), in its latest quarterly bulletin, remained broadly optimistic about Switzerland’s economic outlook. Further, the central … 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 declined 1.38% against the JPY and closed at 100.32. In economic news, data suggested that Japan’s final machine tool orders dropped by 8.4% YoY in August, confirming the preliminary … Continue reading

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GBP/USD: OECD halves UK growth forecast for 2017, blames it on Brexit

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.3031. Yesterday, the Organisation for Economic Co-operation and Development (OECD) stated that Brexit is likely to hit the UK economy later, … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ECB President, Mario Draghi’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.1188. The US Dollar lost ground against its major peers, after the US Federal Reserve (Fed), in its recent monetary policy … Continue reading

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