Monthly Archives: February 2016

Trading Signals as per 17-February-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1098 1.1188 GBP/USD SELL Active 1.4412 1.4252 AUD/USD SELL Active 0.7142 0.7062 NZD/USD BUY Active 0.6550 0.6633 GBP/CHF BUY Active 1.4042 1.4257 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, ahead of the API’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.4% against the USD and closed at 29.11, after Russia and Saudi Arabia dashed expectations for a cut in production, as both agreed to freeze output only … Continue reading

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Silver: White metal trading higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.26% against the USD and closed at 15.28, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.36, with the silver trading … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at 1203.20, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1209.10, with the … Continue reading

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AUD/USD: Aussie extends its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.4% against the USD and closed at 0.7116. LME Copper prices rose 0.47% or $21.5/MT to $4583.5/MT. Aluminium prices rose 1.53% or $23.0/MT to $1528.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD and closed at 1.3869. In economic news, Canada’s existing home sales rebounded by 0.5% MoM in January, following a 0.6% decline in the previous … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s ZEW economic expectations index data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9888. In the Asian session, at GMT0400, the pair is trading at 0.9873, with the USD trading 0.16% lower from yesterday’s … Continue reading

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USD/JPY: Japanese Yen trading higher, ahead of Japan’s adjusted merchandise trade balance data

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the JPY and closed at 114.18. In the Asian session, at GMT0400, the pair is trading at 113.80, with the USD trading 0.34% lower from yesterday’s … Continue reading

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GBP/USD: UK inflation dropped on a monthly basis in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.97% against the USD and closed at 1.4304, after UK’s consumer price index (CPI) fell more-than-expected by 0.8% MoM in January, whereas markets expected for a drop of … Continue reading

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EUR/USD: German economic sentiment index fell to sixteen-month low level in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.25% against the USD and closed at 1.1142, after the release of downbeat ZEW survey data across the Euro-zone. Data showed that, Euro-zone’s ZEW economic sentiment survey index … Continue reading

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Crude Oil: Oil trading higher this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.43% against the USD and closed at 30.45, after investors reacted to the news that the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members would … Continue reading

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