Monthly Archives: January 2017

Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.24% against the USD and closed at USD16.79 per ounce, following losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.72, with the … Continue reading

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Gold: Gold trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.0% against the USD and closed at USD1190.80 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1186.10, … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.59% against the USD and closed at 0.7525. LME Copper prices rose 0.4% or $23.0/MT to $5890.0/MT. Aluminium prices declined 0.6% or $11.5/MT to $1837.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3092. In economic news, Canada’s CFIB business barometer index declined to a level of 60.1 in January, after recording a reading … Continue reading

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USD/CHF: Swiss trade surplus narrowed in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9997. Macroeconomic data revealed that Switzerland’s trade surplus narrowed to a level of CHF 2.7 billion in December, following a revised … Continue reading

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USD/JPY: Japan’s annual inflation climbed in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.02% against the JPY and closed at 114.48. In the Asian session, at GMT0400, the pair is trading at 114.97, with the USD trading 0.43% higher from yesterday’s … Continue reading

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GBP/USD: Britain’s economy grew better than expected in the fourth quarter

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2590. Macroeconomic data indicated that UK’s preliminary gross domestic product (GDP) rose more-than-expected by 0.6% on a quarterly basis in 4Q … Continue reading

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EUR/USD: German consumer sentiment improved in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.0677. On the economic front, Germany’s GfK consumer confidence index rose to a level of 10.2 in February, escalating to a … Continue reading

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Trading Signals as per 26-January-2017

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2568 1.2698 USD/JPY BUY Active 112.78 113.78 USD/CAD SELL Active 1.3112 1.3042 EUR/JPY BUY Active 121.48 122.48 NZD/USD BUY Active 0.7239 0.7315 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 higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.09% against the USD and closed at USD53.01 per barrel. However, gains in crude prices were kept in check, after data showed a build in US crude … 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 0.7% against the USD and closed at USD17.00 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.95, with the … Continue reading

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