Monthly Archives: August 2016

USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CHF and closed at 0.9547. In the Asian session, at GMT0300, the pair is trading at 0.9555, with the USD trading 0.08% higher against the … Continue reading

Posted in USD/CHF | Comments Off

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 100.08. In the Asian session, at GMT0300, the pair is trading at 100.22, with the USD trading 0.14% higher against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s retail sales rebounded strongly in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.9% against the USD and closed at 1.3159, after UK’s retail sales rebounded by 1.5% MoM in July, indicating that Britons shrugged off uncertainty caused by the Brexit … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Eurozone annual inflation hits eight month high level in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.45% against the USD and closed at 1.1343, after Eurozone’s final consumer price index rose more-than-expected by 0.2% YoY in July, notching its highest level in eight months, … Continue reading

Posted in EUR/USD | Comments Off

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

Posted in Trading Signals | Leave a comment

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

Posted in Crude Oil | Comments Off

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

Posted in Silver | Comments Off

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

Posted in Gold | Comments Off

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

Posted in AUD/USD | Comments Off

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

Posted in USD/CAD | Comments Off

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

Posted in USD/CHF | Comments Off