Monthly Archives: January 2017

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.55% against the JPY and closed at 115.44. In the Asian session, at GMT0400, the pair is trading at 115.75, with the USD trading 0.27% higher against the … Continue reading

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GBP/USD: Britain’s services sector unexpectedly expanded at the fastest rate in 17-months in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP advanced 0.73% against the USD and closed at 1.2411, as UK’s Markit services PMI expanded at the fastest rate since July 2015, after it jumped unexpectedly to a level … Continue reading

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EUR/USD: Germany’s construction sector accelerated to a 9-month high in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.12% against the USD and closed at 1.0599, after Germany’s Markit construction PMI advanced to a level of 54.9 in December, expanding at its fastest pace in nine … Continue reading

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Trading Signals as per 05-January-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0582 1.0442 GBP/USD BUY Active 1.2248 1.2358 AUD/USD BUY Active 0.7248 0.7318 NZD/USD SELL Active 0.7014 0.6930 USD/CAD BUY Active 1.3208 1.3348 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 weaker footing, ahead of EIA’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.58% against the USD and closed at USD53.35 per barrel, after the American Petroleum Institute (API) reported a more-than-expected draw of 7.4 million barrels in US crude … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at USD16.49 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.64, with the … Continue reading

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Gold: Yellow metal extended its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.4% against the USD and closed at USD1164.20 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at 1173.90, … Continue reading

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AUD/USD: Australia’s services sector growth jumped to a 17-month high in December

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.78% against the USD and closed at 0.7273. LME Copper prices declined 1.3% or $73.5/MT to $5500.5/MT. Aluminium prices declined 0.1% or $1.0/MT to $1701.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the CAD and closed at 1.3300. In the Asian session, at GMT0400, the pair is trading at 1.3280, with the USD trading 0.15% lower against the … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 1.0205. In the Asian session, at GMT0400, the pair is trading at 1.0184, with the USD trading 0.21% lower against the … Continue reading

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USD/JPY: Japanese services PMI expanded to an 11-month high in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 117.26. In the Asian session, at GMT0400, the pair is trading at 116.45, with the USD trading 0.69% lower against the … Continue reading

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