Monthly Archives: January 2017

GBP/USD: UK’s construction sector accelerated at its fastest pace in 9-months in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.69% against the USD and closed at 1.2321, after Markit construction PMI in the UK unexpectedly climbed to a level of 54.2 in December, expanding at its fastest … Continue reading

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EUR/USD: Euro-zone’s annual inflation hit more than three year high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.7% against the USD and closed at 1.0482, after the Euro-zone’s flash consumer price index (CPI) jumped to a more than three-year high of 1.1% on an annual … Continue reading

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Trading Signals as per 04-January-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0502 1.0392 USD/CHF BUY Active 1.0188 1.0298 GBP/CHF SELL Active 1.2672 1.2537 USD/CAD BUY Active 1.3308 1.3408 AUD/USD BUY Active 0.7198 0.7258 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 higher, ahead of API’s weekly crude oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.85% against the USD and closed at USD52.52 per barrel, pressured by strength in the US dollar. In the Asian session, at GMT0400, the pair is trading … 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 2.28% against the USD and closed at USD16.36 per ounce, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 16.44, with the … 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 rose 0.64% against the USD and closed at USD1159.40 per ounce, despite strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1161.50, 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 rose 0.33% against the USD and closed at 0.7217. LME Copper prices rose 1.3% or $73.0/MT to $5574.0/MT. Aluminium prices declined 0.7% or $11.5/MT to $1702.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reversed its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3426. Macroeconomic data indicated that Canada’s RBC manufacturing PMI edged higher to a level of 51.8 in December, after recording a … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 1.0266. On the data front, Switzerland’s SVME-purchasing managers’ index dropped to a level of 56.0 in December, meeting market expectations and … Continue reading

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USD/JPY: Japanese manufacturing activity accelerated at its fastest pace in a year in December

USDJPY Movement For the 24 hours to 23:00 GMT, USD rose 0.32% against the JPY and closed at 117.68. In the Asian session, at GMT0400, the pair is trading at 117.91, with the USD trading 0.2% higher against the JPY … Continue reading

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GBP/USD: UK’s manufacturing sector surprisingly jumped to its highest level in 30-months in December

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2237. In economic news, data showed that UK’s Markit manufacturing PMI unexpectedly rose to a level of 56.1 in December, hitting … Continue reading

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