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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: October 2016
Gold: Yellow metal trading higher in the morning session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.51% against the USD and closed at USD1255.20 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1258.30, with … Continue reading
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AUD/USD: Australia’s consumer confidence advanced further in October
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.71% against the USD and closed at 0.7549. LME Copper prices rose 0.32% or $15.5/MT to $4801.5/MT. Aluminium prices declined 0.3% or $5.0/MT to $1673.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading a tad lower in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the CAD and closed at 1.3202. On the data front, Canada’s seasonally adjusted housing starts advanced to a level of 220.6K YoY in September, compared to … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a weaker footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CHF and closed at 0.9857. In the Asian session, at GMT0300, the pair is trading at 0.9878, with the USD trading 0.21% higher against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s Eco Watchers’ current situation index dropped surprisingly in September
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the JPY and closed at 103.46. In economic news, Japan’s Eco Watchers survey for current situation index unexpectedly dropped to a level of 44.8 in September, … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading on a stronger footing this morning
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.96% against the USD and closed at 1.2239. In the Asian session, at GMT0300, the pair is trading at 1.2316, with the GBP trading 0.63% higher against the … Continue reading
Posted in GBP/USD
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EUR/USD: German investor confidence jumped to the highest level since June in October
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.1138. On the economic front, the Euro-zone’s ZEW economic sentiment index advanced more than expected to a level of 12.3 in … Continue reading
Posted in EUR/USD
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Trading Signals as per 11-October-2016
Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 103.38 104.08 USD/CAD SELL Active 1.3282 1.3182 AUD/USD SELL Active 0.7592 0.7522 NZD/USD BUY Active 0.7032 0.7094 EUR/JPY SELL Active 115.92 115.12 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 slightly lower, ahead of the API’s weekly crude oil inventory data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 4.19% against the USD and closed at USD51.27 per barrel, after Russia indicated that it was ready to join the Organization of the Petroleum Exporting Countries (OPEC), … Continue reading
Posted in Crude Oil
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Silver: White metal trading a tad higher in the morning session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.2% against the USD and closed at USD17.69. In the Asian session, at GMT0300, the pair is trading at 17.69, with the silver trading marginally higher from yesterday’s close. … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1261.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 1259.70, with the gold trading 0.12% lower from … Continue reading
Posted in Gold
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