Monthly Archives: October 2016

Crude Oil: Oil trading lower in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.79% against the USD and closed at USD49.85 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) stated that its production rose to the highest … Continue reading

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Silver: White metal reverses its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.11% against the USD and closed at USD17.54. In the Asian session, at GMT0300, the pair is trading at 17.59, with the silver trading 0.31% 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 0.06% against the USD and closed at USD1257.50 per ounce, after the minutes of the most recent FOMC meeting confirmed disputes within the Fed officials regarding the timing of … Continue reading

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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 0.3% against the CAD and closed at 1.3242. In the Asian session, at GMT0300, the pair is trading at 1.3286, with the USD trading 0.33% higher against the … Continue reading

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USD/CHF: Swiss ZEW economic expectations index rose in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9893. Macroeconomic data indicated that, Switzerland’s ZEW survey of economic expectations index advanced to a level of 5.2 in October, improved … Continue reading

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USD/JPY: Japan’s tertiary industry index surprisingly remained flat in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.77% against the JPY and closed at 104.26. On the data front, Japan’s preliminary machine tool orders eased by 6.3% on a YoY basis in September, following a … Continue reading

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GBP/USD: UK’s house price strengthened in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2197. In the Asian session, at GMT0300, the pair is trading at 1.2183, with the GBP trading 0.11% lower against the … Continue reading

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EUR/USD: Euro-zone’s industrial production picked up in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1012. In economic news, data indicated that Euro-zone’s seasonally adjusted industrial production rebounded by 1.6% on a monthly basis in August, … Continue reading

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Trading Signals as per 12-October-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0998 1.1078 USD/CHF SELL Active 0.9922 0.9862 GBP/USD SELL Active 1.2432 1.2192 USD/JPY BUY Active 103.08 103.88 USD/CAD SELL Active 1.3282 1.3182 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 reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.99% against the USD and closed at USD50.76 per barrel, after the International Energy Agency (IEA) disclosed that the Organization of the Petroleum Exporting Countries (OPEC) boosted … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.74% against the USD and closed at USD17.56, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.57, with the silver … Continue reading

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