Daily Archives: November 29, 2016

Trading Signals as per 29-November-2016

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0202 1.0092 USD/JPY SELL Active 113.32 111.92 AUD/USD BUY Active 0.7438 0.7498 EUR/JPY SELL Active 120.02 118.92 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 reverses its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.82% against the USD and closed at USD46.92 per barrel, after oscillating between gains and losses, as investors grappled with shaky prospect of major oil producers being … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.71% against the USD and closed at USD16.74. In the Asian session, at GMT0400, the pair is trading at 16.65, with the silver trading 0.51% lower from yesterday’s close. … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined marginally against the USD and closed at USD1196.40 per ounce. In the Asian session, at GMT0400, the pair is trading at 1192.40, with the gold trading 0.33% lower from … Continue reading

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AUD/USD: Australian economic growth could slip below 3.0% until 2018: OECD

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7487. Yesterday, the OECD predicted Australian economic growth to slip below 3.0% by the end of 2016 and remain below it … Continue reading

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USD/CAD: Service sector key for Canadian economy: BoC Govenor

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3406. Meanwhile, the Organization for Economic Co-operation and Development (OECD) is sticking by its prediction that Canada’s economy growth will expand … Continue reading

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USD/CHF: Risks from negative rates are rising in Switzerland, says OECD

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CHF and closed at 1.0135. Yesterday, the OECD warned that risks posed by negative interest rates have not materialized so far in Switzerland, although they … Continue reading

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USD/JPY: BOJ needs to maintain monetary easing but should monitor risks: OECD

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 111.81. Yesterday, the OECD, in its economic outlook report, forecasted that Japanese economy will grow 1.0% next year before slowing to … Continue reading

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GBP/USD: UK’s economic growth to slowdown sharply in 2017, on Brexit uncertainties

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.87% against the USD and closed at 1.2416, after OECD predicted steep fall in UK’s economic growth in 2017, following Brexit uncertainties. Yesterday, the OECD upgraded its growth … Continue reading

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EUR/USD: Stimulus is a key ingredient of ongoing Euro-zone recovery: ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.0619. Yesterday, the European Central Bank (ECB) President, Mario Draghi, at a hearing of the Committee on Economic and Monetary Affairs … Continue reading

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