Monthly Archives: October 2016

AUD/USD: Australia’s NAB business confidence index remained steady in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.2% against the USD and closed at 0.7603. LME Copper prices rose 0.93% or $44.0/MT to $4786.0/MT. Aluminium prices rose 0.18% or $3.0/MT to $1678.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.3256. In the Asian session, at GMT0300, the pair is trading at 1.3194, with the USD trading 0.47% lower against the … Continue reading

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USD/CHF: Swiss unemployment rate unchanged in September

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 0.9802. On the data front, Switzerland’s seasonally adjusted unemployment rate unexpectedly remained steady at 3.3% in September, whereas markets had envisaged … Continue reading

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USD/JPY: Japanese trade surplus contracted in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 103.64. In the Asian session, at GMT0300, the pair is trading at 103.86, with the USD trading 0.21% higher against the … Continue reading

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GBP/USD: Pound trading lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.47% against the USD and closed at 1.2358. In the Asian session, at GMT0300, the pair is trading at 1.2322, with the GBP trading 0.29% lower against the … Continue reading

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EUR/USD: Eurozone’s Sentix investor confidence at 4-month high in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1138. In economic news, data indicated that Euro-zone’s Sentix investor confidence index advanced more-than-expected to a four-month high level of 8.5 … Continue reading

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Trading Signals as per 10-October-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1138 1.1208 GBP/USD SELL Active 1.2542 1.2332 USD/JPY SELL Active 103.72 102.82 USD/CAD BUY Active 1.3178 1.3318 EUR/JPY SELL Active 115.82 115.02 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 trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.9% against the USD and closed at USD49.57 per barrel on Friday, after Baker Hughes reported that the number of active oil rigs in the US increased … Continue reading

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Silver: White metal extends its gains in the Morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.27% against the USD and closed at USD17.53 on Friday, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.68, with the … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1254.60 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 1263.90, with the gold trading 0.74% … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose marginally against the USD and closed at 0.7584 on Friday. Weekend data indicated that, in China, Australia’s largest trading partner, the Caixin/Markit services PMI index eased to a … Continue reading

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