Monthly Archives: November 2016

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3497. In the Asian session, at GMT0400, the pair is trading at 1.3509, with the USD trading 0.09% higher against the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s industrial production data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CHF and closed at 1.0169. In the Asian session, at GMT0400, the pair is trading at 1.0185, with the USD trading 0.16% higher against the … Continue reading

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USD/JPY: Japan’s manufacturing sector expanded for a fourth straight month in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.22% against the JPY and closed at 112.46. In the Asian session, at GMT0400, the pair is trading at 112.79, with the USD trading 0.29% higher against the … Continue reading

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GBP/USD: UK’s growth forecast revised up for 2016 but lowered for 2017: Autumn Statement

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.2422, after the UK’s Chancellor, Philip Hammond, in his Autumn Statement, slightly revised up UK’s growth outlook for this year and … Continue reading

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EUR/USD: Euro-zone’s services sector surged to an 11-month high in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.69% against the USD and closed at 1.0552. Macroeconomic data released in the Euro-zone indicated that activity in the region’s services and manufacturing sector showed a strong performance … Continue reading

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Trading Signals as per 23-November-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0598 1.0668 USD/CHF SELL Active 1.0172 1.0092 GBP/USD SELL Active 1.2482 1.2342 USD/CAD BUY Active 1.3378 1.3468 NZD/USD BUY Active 0.7027 0.7087 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 lower, ahead of EIA’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.85% against the USD and closed at USD48.08 per barrel, on worries that Iran and Iraq were not ready to agree on an OPEC output freeze deal. … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.45% against the and closed at 16.76. In the Asian session, at GMT0400, the pair is trading at 16.77, with the silver trading 0.06% higher from yesterday’s close. The … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.14% against the USD and closed at USD1212.00 per ounce, amid gains in US equities and strength in the greenback. In the Asian session, at GMT0400, the pair is … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.49% against the USD and closed at 0.7401. LME Copper prices rose 1.49% or $82.5/MT to $5618.0/MT. Aluminium prices rose 0.75% or $13.0/MT to $1739.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s retail sales advanced at its fastest pace since April in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3437. In economic news, data revealed that Canada’s retail sales climbed by 0.6% MoM in September, meeting market expectations, recording its … Continue reading

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