Monthly Archives: January 2017

Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD52.44 per barrel on Friday, pressured by concerns over the health of the world’s second-largest oil consumer, China, after it … Continue reading

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Silver: White metal extended its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.18% against the USD and closed at USD16.82 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 16.88, with the silver trading 0.36% … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.26% against the USD and closed at USD1196.90 per ounce on Friday, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.31% against the USD and closed at 0.7502 on Friday. LME Copper prices rose 0.8% or $44.5/MT to $5797.0/MT. Aluminium prices rose 0.1% or $2.5/MT to $1790.5/MT. In … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3120 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3141, with the USD trading 0.16% higher … Continue reading

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USD/CHF: Swiss Franc reversed its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 1.0088 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0110, with the USD trading 0.22% higher … Continue reading

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USD/JPY: Japan’s machinery orders dropped at the fastest rate in seven months in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the JPY and closed at 114.45 on Friday. In the Asian session, at GMT0400, the pair is trading at 114.13, with the USD trading 0.28% lower … Continue reading

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GBP/USD: Pound trading on a weaker footing, ahead of the BoE Governor’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.2186 on Friday. On Friday, the Bank of England (BoE), in its credit conditions survey report, found that demand for bank … Continue reading

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EUR/USD: Euro trading lower in the morning session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.31% against the USD and closed at 1.0643 on Friday. In economic news, Germany’s wholesale price index rose 2.8% on an annual basis in December, marking its biggest … Continue reading

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Trading Signals as per 13-January-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0568 1.0668 USD/CHF BUY Active 1.0018 1.0128 EUR/JPY BUY Active 121.18 122.38 GBP/CHF SELL Active 1.235 1.2224 NZD/USD BUY Active 0.7075 0.7139 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 extended its gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.42% against the USD and closed at USD53.02 per barrel, after Saudi’s Energy Minister, Khalid Al‐Falih stated that Saudi Arabia has reduced its oil production to less … Continue reading

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