Daily Archives: October 6, 2017

Trading Signals as per 6-October-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9832 0.9772 GBP/USD BUY Active 1.2998 1.3118 USD/JPY SELL Active 113.32 112.82 AUD/USD SELL Active 0.7792 0.7742 EUR/JPY BUY Active 131.68 132.38 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 reverses its gains, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.78% against the USD and closed at USD50.78 per barrel, lifted by speculations of an extension for the OPEC’s production cut deal beyond March 2018. In the … 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 marginally rose against the USD and closed at USD16.63 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.64, with the silver trading 0.09% higher against … Continue reading

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

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.49% against the USD and closed at USD1271.10 per ounce, as robust economic data in the US reduced demand for the precious yellow metal. In the Asian session, at … Continue reading

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AUD/USD: Australia’s construction sector growth cooled in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.89% against the USD and closed at 0.7791. LME Copper prices rose 0.9% or $58.0/MT to $6511.0/MT. Aluminium prices declined 0.7% or $15.5/MT to $2124.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly higher, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CAD and closed at 1.2569. On the macro front, Canada’s international merchandise trade deficit surprisingly widened to C$3.41 billion in August, defying investor consensus for … Continue reading

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USD/CHF: Switzerland’s consumer price inflation advanced as expected in September

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 0.9784. In economic news, Switzerland’s consumer price index (CPI) registered a rise of 0.2% on MoM in September, at par with … Continue reading

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USD/JPY: Japanese Yen trading a tad lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 112.82. In the Asian session, at GMT0300, the pair is trading at 112.85, with the USD trading marginally higher against the … Continue reading

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GBP/USD: Pound trading lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.95% against the USD and closed at 1.3116, amid mounting rumours that the British Prime Minister, Theresa May, could be ousted in the coming months. In the Asian … Continue reading

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EUR/USD: Governing Council discussed QE tapering options at September meeting: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1711, after minutes of the European Central Bank (ECB) highlighted concerns over the rapid appreciation of the Euro. Minutes of the … Continue reading

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