Monthly Archives: January 2017

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.02% against the USD and closed at USD53.19 per barrel on Friday, after Baker Hughes data suggested that oil-drilling in US is ramping up. Baker Hughes disclosed … Continue reading

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Silver: White metal extended gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.05% against the USD and closed at USD17.14 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 17.18, with the white metal trading … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.08% against the USD and closed at USD1191.90 per ounce on Friday, amid weakness in global equities. In the Asian session, at GMT0400, the pair is trading at 1196.10, … Continue reading

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AUD/USD: Aussie trading a tad lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7551 on Friday. LME Copper prices declined 0.7% or $43.0/MT to $5847.0/MT. Aluminium prices declined 0.5% or $10.0/MT to $1827.5/MT. In … Continue reading

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USD/CAD: Loonie trading marginally higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CAD and closed at 1.3132 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3130, with the USD trading a tad … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CHF and closed at 0.9986 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9964, with the USD trading 0.22% lower … Continue reading

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USD/JPY: Japan’s retail trade fell in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the JPY and closed at 115.03 on Friday. In the Asian session, at GMT0400, the pair is trading at 114.39, with the USD trading 0.56% lower … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.2558 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2580, with the GBP trading 0.18% higher … Continue reading

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EUR/USD: Euro trading higher in the Asian session, ahead of Germany’s inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.0697 on Friday. On the data front, Germany’s import price index climbed 1.9% on a monthly basis in December, compared to … Continue reading

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Trading Signals as per 27-January-2017

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9958 1.0038 GBP/USD SELL Active 1.2642 1.2462 GBP/CHF SELL Active 1.2647 1.2506 EUR/JPY SELL Active 123.52 122.52 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading on a stronger footing, ahead of Baker Hughes rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.38% against the USD and closed at USD53.74 per barrel, amid optimism that major oil producers have been cutting back crude output as agreed. In the Asian … Continue reading

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