Daily Archives: July 25, 2017

Trading Signals as per 25-July-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9502 0.9432 USD/JPY SELL Active 111.32 110.62 USD/CAD SELL Active 1.2562 1.2492 NZD/USD BUY Active 0.7409 0.7459 GBP/CHF SELL Active 1.2285 1.2369 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 morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.49% against the USD and closed at USD46.41 per barrel, after leading OPEC producer, Saudi Arabia, vowed to limit crude exports next month, in a bid reduce … Continue reading

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Silver: White metal trading marginally higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.46 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.47, with the silver trading a tad higher … Continue reading

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Gold: Yellow metal trading a tad lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.1% against the USD and closed at USD1261.70 per ounce, as increased political uncertainty in the US boosted risk aversion among investors. In the Asian session, at GMT0300, the … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7925. Yesterday, the IMF slightly upgraded China’s growth forecast to 6.7% for 2017, up from 6.6% estimated earlier. LME Copper prices … Continue reading

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USD/CAD: IMF forecasted stronger economic growth for Canada in 2017

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2510. Yesterday, the IMF raised its growth outlook for Canadian economy, now expecting it to grow by 2.5% in 2017, up … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9472. In economic news, Switzerland’s total sight deposits rose to a level of CHF579.1 billion in the week ended 21 July, … Continue reading

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USD/JPY: IMF slightly revised up Japan’s growth forecast for 2017

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 111.17. Yesterday, the IMF stated that it expects Japanese economy to expand by 1.3% this year, buoyed by stronger private consumption, … Continue reading

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GBP/USD: IMF lowered Britain’s 2017 growth forecasts amid tepid first quarter growth

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.3023. Yesterday, the IMF slashed Britain’s growth forecast for 2017 by 0.3% to 1.7%, factoring in a weaker-than-expected first quarter economic … Continue reading

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EUR/USD: Manufacturing sector across the Euro-zone grew at its slowest pace in 3 months in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1640, after data indicated that manufacturing sector growth across the Euro-zone moderated at the start of the third quarter. The Euro-zone’s … Continue reading

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