Monthly Archives: September 2016

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 5.01% against the USD and closed at USD47.14 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) reached an agreement to limit crude production at … Continue reading

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Silver: White metal extends its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.29% against the USD and closed at USD19.29. In the Asian session, at GMT0300, the pair is trading at 19.34, with the silver trading 0.26% higher from yesterday’s close. … Continue reading

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Gold: Yellow metal trading between its MA’s

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.37% against the USD and closed at USD1325.80 per ounce, amid a rally in global equities. In the Asian session, at GMT0300, the pair is trading at 1328.50, with … Continue reading

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AUD/USD: Aussie trading marginally higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.31% against the USD and closed at 0.7690. LME Copper prices rose 0.68% or $32.5/MT to $4807.0/MT. Aluminium prices rose 0.03% or $0.5/MT to $1648.5/MT. In the Asian … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.02% against the CAD and closed at 1.3066. In the Asian session, at GMT0300, the pair is trading at 1.3067, with the USD trading marginally higher against the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.02% against the CHF and closed at 0.9706. On the economic front, Switzerland’s UBS consumption indicator advanced to a level of 1.53 in August, compared to a revised … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing, ahead of the BoJ Governor’s speech

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the JPY and closed at 100.80. On the data front, Japan’s small business confidence index rose to a level of 47.7 in September, beating market expectations … Continue reading

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GBP/USD: Pound trading a tad higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly against the USD and closed at 1.3018. In the Asian session, at GMT0300, the pair is trading at 1.3025, with the GBP trading marginally higher against the … Continue reading

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EUR/USD: Draghi defends ECB’s ultra-loose monetary policy before German lawmakers

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR remained flat against the USD and closed at 1.1215. Yesterday, the European Central Bank (ECB) President, Mario Draghi, at a hearing at the Bundestag, shrugged off criticism that the … Continue reading

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Trading Signals as per 28-September-2016

Pair Action Status Stop Loss Take Profit GBPUSD BUY Active 1.2938 1.3038 USDJPY SELL Active 101.12 100.42 USDCAD BUY Active 1.3138 1.3268 EURJPY SELL Active 113.52 112.52 NZDUSD BUY Active 0.7223 0.7283 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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USD/CHF: Swiss Franc extends its losses, ahead of the UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CHF and closed at 0.9704. In the Asian session, at GMT0300, the pair is trading at 0.9713, with the USD trading 0.09% higher against the … Continue reading

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