Monthly Archives: December 2016

USD/CHF: Swiss Franc extended its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 1.0266 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0253, with the USD trading 0.13% lower … Continue reading

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USD/JPY: Japanese adjusted merchandise trade surplus widened in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the JPY and closed at 117.86 on Friday. In the Asian session, at GMT0400, the pair is trading at 117.55, with the USD trading 0.26% lower … Continue reading

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GBP/USD: Pound trading a tad lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.64% against the USD and closed at 1.2480 on Friday. In economic news, UK’s CBI industrial trends total orders improved to a level of 0.0 in December, recording … Continue reading

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EUR/USD: Euro-zone’s annual inflation edged higher in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.0446 on Friday, after the Euro-zone’s final consumer price index (CPI) rose 0.6% YoY in November, at par with market expectations. … Continue reading

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Trading Signals as per 16-December-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0378 1.0508 GBP/USD BUY Active 1.2318 1.2488 USD/CAD BUY Active 1.3268 1.3418 AUD/USD SELL Active 0.7402 0.7322 USD/CHF BUY Active 1.0188 1.0338 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 between its MA’s, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.49% against the USD and closed at USD51.14 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) and other producers promised to cut production by … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver plunged 5.0% against the USD and closed at USD16.04 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.10, with the white metal trading 0.37% higher … 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 declined 1.25% against the USD and closed at USD 1130.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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AUD/USD: Aussie trading a tad higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.47% against the USD and closed at 0.7362. LME Copper prices declined 0.9% or $52.5/MT to $5682.5/MT. Aluminium prices declined 0.9% or $16.0/MT to $1736.0/MT. In the Asian … Continue reading

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USD/CAD: Weak exports and energy prices contributed to ‘challenging’ year, says the BoC Governor

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3337. Yesterday, the Bank of Canada Governor, Stephen Poloz, stated that weaker-than-expected exports and disruption in energy production due to Alberta … Continue reading

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USD/CHF: SNB leaves key interest rate unchanged at -0.75%

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CHF and closed at 1.0299. Yesterday, the Swiss National Bank (SNB) kept key interest rate unchanged at -0.75%. The SNB Chairman, Thomas Jordan stated that … Continue reading

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