Monthly Archives: December 2016

Gold: Yellow metal trading marginally lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.06% against the USD and closed at USD1133.20 per ounce, extending its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1132.80, with the … Continue reading

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AUD/USD: Aussie trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.5% against the USD and closed at 0.7228. LME Copper prices rose 0.2% or $13.0/MT to $5498.5/MT. Aluminium prices rose 0.5% or $8.0/MT to $1730.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reversed its gains, ahead of Canada’s inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD and closed at 1.3436. In the Asian session, at GMT0400, the pair is trading at 1.3421, with the USD trading 0.11% lower against the … Continue reading

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USD/CHF: Switzerland’s economic growth improving: SNB quarterly bulletin report

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 1.0264. According to the Swiss National Bank’s (SNB) quarterly bulletin report, the Swiss economy is likely to recover further in the … Continue reading

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USD/JPY: Japanese Yen trading a tad lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the JPY and closed at 117.47. In the Asian session, at GMT0400, the pair is trading at 117.53, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s consumer confidence unexpectedly improved in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2351, on growing concerns over Britain’s exit from the European Union (EU), after the UK’s Prime Minister Theresa May denied a … Continue reading

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EUR/USD: Euro-zone’s consumer confidence improved sharply in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.0426, as risk-appetite among traders increased after the preliminary reading of the Euro-zone’s consumer confidence index improved more-than-expected to a level … Continue reading

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Trading Signals as per 21-December-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0442 1.0372 USD/CHF SELL Active 1.0332 1.0252 EUR/JPY SELL Active 1.3452 1.3382 NZD/USD SELL Active 123.02 121.92 GBP/CHF SELL Active 1.2789 1.2673 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 on a stronger footing, ahead of EIA’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 2.57% against the USD and closed at USD53.47 per barrel, after the American Petroleum Institute (API) reported a larger than expected draw of 4.2 million barrels in … Continue reading

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Silver: White metal trading a tad higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.72% against the USD and closed at USD16.14 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.145, with the silver trading marginally higher from … Continue reading

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Gold: Yellow metal trading higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.56% against the USD and closed at USD1133.90 per ounce, amid strength in global equities and a stronger US Dollar. In the Asian session, at GMT0400, the pair is … Continue reading

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