Monthly Archives: October 2016

Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.9% against the USD and closed at USD17.61, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.585, with the silver trading … Continue reading

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Gold: Yellow metal trading a tad higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.67% against the USD and closed at USD1266.70 per ounce, as robust economic data in the US increased prospects for a Fed interest rate hike. In the Asian session, … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.01% against the USD and closed at 0.7641. LME Copper prices declined 0.05% or $2.5/MT to $4717.5/MT. Aluminium prices rose 1.33% or $22.0/MT to $1673.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3375. In the Asian session, at GMT0300, the pair is trading at 1.3393, with the USD trading 0.13% higher against the … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9932. In the Asian session, at GMT0300, the pair is trading at 0.9942, with the USD trading 0.1% higher against the … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 104.53. In the Asian session, at GMT0300, the pair is trading at 104.37, with the USD trading 0.15% lower against the … Continue reading

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GBP/USD: UK’s BBA mortgage approvals advanced to a 3-month high level in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2235, after UK’s BBA mortgage approvals rose more-than-anticipated to a level of 38.3K in September, notching its highest level in three-months, … Continue reading

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EUR/USD: German consumer morale deteriorated to a 6-month low level in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.0908. In economic news, data indicated that Germany’s GfK consumer confidence index unexpectedly eased to a level of 9.7 in November, … Continue reading

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Trading Signals as per 26-October-2016

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2118 1.2268 USD/CHF SELL Active 0.9962 0.9892 USD/JPY SELL Active 104.62 103.92 AUD/USD BUY Active 0.7638 0.7708 NZD/USD SELL Active 0.7212 0.7160 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 a tad lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.18% against the USD and closed at USD49.36 per barrel, after the American Petroleum Institute (API) disclosed that US crude stockpiles rose by 4.8 million barrels to … Continue reading

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Silver: White metal trading higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.97% against the USD and closed at USD17.77, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.85, with the silver trading … Continue reading

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