Daily Archives: August 18, 2016

Trading Signals as per 18-August-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1278 1.1368 USD/CHF SELL Active 0.9632 0.9542 GBP/USD SELL Active 1.3252 1.3092 EUR/JPY BUY Active 112.78 114.08 NZD/USD BUY Active 0.7222 0.7309 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 lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.06% against the USD and closed at USD46.85 per barrel, after the Energy Information Administration (EIA) disclosed that the US crude oil inventories unexpectedly dropped by 2.5 … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at 19.77. In the Asian session, at GMT0300, the pair is trading at 19.875, with the silver trading 0.56% higher from yesterday’s close, … 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 rose 0.15% against the USD and closed at USD1354.7 per ounce, after the FOMC minutes showed that policymakers were split over a rate hike in September. In the Asian session, … Continue reading

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AUD/USD: Australia’s unemployment rate unexpectedly fell in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7657. LME Copper prices declined 0.89% or $42.5/MT to $4755.5/MT. Aluminium prices rose 0.57% or $9.5/MT to $1685.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.2843. In the Asian session, at GMT0300, the pair is trading at 1.2828, with the USD trading 0.12% lower against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined slightly against the CHF and closed at 0.9611. In economic news, Switzerland’s ZEW economic expectations index fell to a level of -2.8 in August, compared to a level … Continue reading

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USD/JPY: Japanese trade surplus contracted in July amid strength in the Japanese Yen

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the JPY and closed at 99.96. In the Asian session, at GMT0300, the pair is trading at 100.02, with the USD trading 0.06% higher against the … Continue reading

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GBP/USD: UK labour market indicated little sign of immediate Brexit impact

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined marginally against the USD and closed at 1.3041. Macroeconomic data revealed that the UK’s ILO unemployment rate remained steady at the lowest level in more than 10 years … Continue reading

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EUR/USD: Fed officials appear to be largely divided over whether to hike rates soon: FOMC minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.1292. The greenback lost ground against the major peers, after minutes from the US Federal Reserve’s recent monetary policy meeting shed … Continue reading

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