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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Monthly Archives: September 2016
Silver: White metal extends its gains in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.42% against the USD and closed at USD 19.04, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.08, with the silver … Continue reading
Posted in Silver
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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 0.23% against the USD and closed at USD1326.40 per ounce, as weakness in the US Dollar increased demand for the safe-haven yellow metal. In the Asian session, at GMT0300, … Continue reading
Posted in Gold
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AUD/USD: Australia’s unemployment rate dropped to a 3-year low level in August
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7468. LME Copper prices rose 1.14% or $53.0/MT to $4694.5/MT. Aluminium prices declined 0.26% or $4.0/MT to $1552.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a weaker footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.3195. On the economic front, the Teranet/National Bank house price index in Canada rose by 1.5% on a monthly basis in … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s investor confidence improved for the first time in 3 months in September
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CHF and closed at 0.9730. Macroeconomic data indicated that Switzerland’s ZEW survey of economic expectations index rebounded to a level of 2.7 in September, strengthening … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading higher in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the JPY and closed at 102.45. In the Asian session, at GMT0300, the pair is trading at 102.12, with the USD trading 0.32% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: Britain’s unemployment rate held steady at 4.9% during May-July 2016 period
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.3249, after UK’s ILO unemployment rate remained steady at an eleven-year low level of 4.9% during the three months to July, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s industrial production dropped in July
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.24% against the USD and closed at 1.1240. In economic news, the Euro-zone’s seasonally adjusted industrial production dropped by 1.1% MoM in July, pointing towards sluggish economic recovery … Continue reading
Posted in EUR/USD
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Trading Signals as per 14-September-2016
Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3128 1.3258 USD/CAD BUY Active 1.3108 1.3228 EUR/JPY BUY Active 114.58 115.78 NZD/USD BUY Active 0.7231 0.7312 GBP/CHF BUY Active 1.2786 1.2938 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
Posted in Trading Signals
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Crude Oil: Oil trading on a weaker footing in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.85% against the USD and closed at USD45.19 per barrel, after the International Energy Agency (IEA) slashed its global oil demand forecast for this year and the … Continue reading
Posted in Crude Oil
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Silver: White metal extends its losses in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.33% against the USD and closed at USD18.96, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.91, with the silver trading … Continue reading
Posted in Silver
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