Monthly Archives: September 2017

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.08% against the USD and closed at USD52.07 per barrel. Meanwhile, the Energy Information Administration (EIA) announced a drop of 1.8 million barrels in US crude oil … Continue reading

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Silver: Silver extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.27% against the USD and closed at USD16.81 per ounce, following losses in bullion prices. In the Asian session, at GMT0300, the pair is trading at 16.79, with the … Continue reading

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

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.83% against the USD and closed at USD1286.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1285.70, … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.7854. LME Copper prices rose 0.05% or $3.0/MT to $6426.0/MT. Aluminium prices rose 0.05% or $1.0/MT to $2117.0/MT. In the Asian … Continue reading

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USD/CAD: BoC Poloz signals caution in further interest rate hikes

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.96% against the CAD and closed at 1.2477. The Canadian Dollar lost ground against the USD after the Bank of Canada (BoC) Governor, Stephen Poloz, diminished hopes of … Continue reading

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USD/CHF: Switzerland’s ZEW economic expectations index advanced in September

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9721. Macroeconomic data indicated that Switzerland’s ZEW economic expectations index rose to a level of 28.0 in September, compared to a … Continue reading

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USD/JPY: Japanese Yen trading flat in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the JPY and closed at 112.86. In economic news, Japan’s final machine tool orders registered a rise of 36.2% YoY in August, while the preliminary figures … Continue reading

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GBP/USD: Pound trading on a weaker footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.4% against the USD and closed at 1.3398. In the Asian session, at GMT0300, the pair is trading at 1.3387, with the GBP trading 0.08% lower against the … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of Germany’s inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1745. On the macro front, French consumer confidence index unexpectedly dropped to a level of 101.0 in September, hitting a five-month … Continue reading

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Trading Signals as per 27-September-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1792 1.1712 GBP/USD BUY Active 1.3358 1.3468 USD/CAD BUY Active 1.2348 1.2438 AUD/USD SELL Active 0.7902 0.7832 NZD/USD SELL Active 0.7233 0.7167 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 marginally higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil marginally rose against the USD and closed at USD52.11 per barrel. Meanwhile, the American Petroleum Institute (API) reported that US crude oil inventories surprisingly fell by 761,000 … Continue reading

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