Monthly Archives: November 2016

Crude Oil: Oil reverses its gains, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 4.86% against the USD and closed at USD45.73 per barrel, amid mounting expectations that the Organization of the Petroleum Exporting Countries (OPEC) will agree to cut production … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.95% against the and closed at 17.07, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.19, with the silver trading 0.67% … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.57% against the USD and closed at USD1228.40 per ounce, as uncertainty spurred over the economic policies of US President-elect Donald Trump. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: RBA Governor optimistic about Aussie economy

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.7554. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, maintained a generally optimistic tone about the nation’s economic growth. … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CAD and closed at 1.3453. On the data front, Canada’s existing home sales rose by 2.4% MoM in October, after recording a gain of 0.8% … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of ZEW expectations survey data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 1.0014. In the Asian session, at GMT0400, the pair is trading at 0.9989, with the USD trading 0.25% lower against the … Continue reading

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USD/JPY: Japanese Yen trading higher in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.68% against the JPY and closed at 109.01. In the Asian session, at GMT0400, the pair is trading at 108.95, with the USD trading 0.06% lower against the … Continue reading

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GBP/USD: Mark Carney warns that inflation will go up in coming months

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.2447, after a report showed UK’s inflation unexpectedly slowed in October. Data indicated that UK’s consumer price index increased by 0.1% … Continue reading

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EUR/USD: Euro-zone’s economy grew by 0.3% in 3Q 2016

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.0722. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) climbed by 0.3% on a quarterly basis in … Continue reading

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Trading Signals as per 15-November-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0822 1.0702 USD/CHF BUY Active 0.9905 1.0008 GBP/USD BUY Active 1.2368 1.2548 AUD/USD SELL Active 0.7602 0.7542 EUR/JPY BUY Active 115.68 116.58 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 higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.51% against the USD and closed at USD43.61 per barrel, giving up its earlier losses, after news emerged that OPEC members were seeking to resolve their differences … Continue reading

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