Monthly Archives: January 2017

USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s retail sales data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.83% against the CHF and closed at 1.0182 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0175, with the USD trading 0.07% lower … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.35% against the JPY and closed at 117.00 on Friday. In the Asian session, at GMT0400, the pair is trading at 117.38, with the USD trading 0.32% higher … Continue reading

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GBP/USD: Pound trading lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.1% against the USD and closed at 1.2274 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2244, with the GBP trading 0.24% lower … Continue reading

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EUR/USD: Euro-zone’s economic sentiment indicator surged to its highest level in more than five years in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.0529 on Friday, after the Euro-zone’s seasonally adjusted retail sales fell 0.4% MoM in November, at par with market expectations and … Continue reading

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Trading Signals as per 06-January-2017

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2502 1.2302 USD/CHF BUY Active 1.0038 1.0148 USD/JPY SELL Active 116.92 115.22 USD/CAD BUY Active 1.3168 1.3308 AUD/USD SELL Active 0.7372 0.7312 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 flat in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.71% against the USD and closed at USD53.73 per barrel, after the Energy Information Administration (EIA) disclosed that US crude stockpiles declined 7.1 million barrels to 479.0 … 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 0.88% against the USD and closed at USD16.63 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.63, with the … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold advanced 1.44% against the USD and closed at USD1180.90 per ounce, as the US Dollar weakened following disappointing private sector employment data in the US. In the Asian session, at … Continue reading

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AUD/USD: Australia posts first trade surplus in almost three years in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.87% against the USD and closed at 0.7336. LME Copper prices rose 2.0% or $110.5/MT to $5611.0/MT. Aluminium prices rose 0.5% or $8.5/MT to $1709.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD and closed at 1.3230. In the Asian session, at GMT0400, the pair is trading at 1.3257, with the USD trading 0.2% higher against the … Continue reading

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USD/CHF: Swiss consumer prices dropped in December

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.05% against the CHF and closed at 1.0098. On the economic front, Switzerland’s consumer prices slid 0.1% on a monthly basis in December, meeting market expectations and compared … Continue reading

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