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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
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: November 7, 2016
Trading Signals as per 07-November-2016
Pair Action Status Stop Loss Take Profit NZD/USD BUY Active 0.7278 0.7343 GBP/USD SELL Active 1.2492 1.2382 USD/JPY SELL Active 105.22 104.22 EUR/JPY BUY Active 114.98 115.98 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading
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Crude Oil: Oil trading between its MA’s
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.16% against the USD and closed at USD44.17 per barrel on Friday, as signs of tensions arose between Saudi Arabia and Iran that could threaten the proposed … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its gains in the Asian session
Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.22% against the USD and closed at USD18.41 on Friday. In the Asian session, at GMT0400, the pair is trading at 18.19, with the silver trading 1.2% lower from … Continue reading
Posted in Silver
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Gold: Yellow metal trading lower in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold rose marginally against the USD and closed at USD1304.50 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 1292.50, with the gold trading 0.92% … Continue reading
Posted in Gold
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AUD/USD: Australia’s construction sector contracted at the fastest pace in 20 months in October
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined slightly against the USD and closed at 0.7676 on Friday. Macroeconomic data indicated that, Australia’s AIG performance of construction index deteriorated to a level of 45.9 in October, … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s unemployment rate remained steady at 7.0% in October
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3402 on Friday. On the data front, Canada’s unemployment rate remained unchanged at 7.0% in October, meeting market expectations. Further, the … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s inflation data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CHF and closed at 0.9685 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9751, with the USD trading 0.68% higher … Continue reading
Posted in USD/CHF
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USD/JPY: Policymakers admit that more time needed to hit price target: BoJ Minutes
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the JPY and closed at 102.98 on Friday. In the Asian session, at GMT0400, the pair is trading at 104.28, with the USD trading 1.26% higher … Continue reading
Posted in USD/JPY
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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 rose 0.39% against the USD and closed at 1.2511 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2457, with the GBP trading 0.43% lower … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s Markit services PMI revised lower in October
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1136 on Friday. In economic news, data showed that Euro-zone’s final services PMI expanded less-than-expected to a level of 52.8 in … Continue reading
Posted in EUR/USD
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