Monthly Archives: January 2017

USD/CAD: Loonie trading marginally lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD and closed at 1.3220. In the Asian session, at GMT0400, the pair is trading at 1.3223, with the USD trading a tad higher against … Continue reading

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USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF and closed at 0.996. On the economic front, Switzerland’s total sight deposits inched up to a level of CHF532.3 billion in the week ended … Continue reading

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USD/JPY: Japanese manufacturing activity expanded at its fastest pace in almost three years in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the JPY and closed at 112.54. In the Asian session, at GMT0400, the pair is trading at 112.68, with the USD trading 0.12% higher against the … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s Supreme Court Brexit ruling

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.95% against the USD and closed at 1.2538, on expectations that Britain’s Supreme Court would rule that the government needs parliamentary approval to trigger formal Brexit talks. In … Continue reading

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EUR/USD: Euro-zone’s consumer confidence surged to a nearly two year high level in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.0772, after the Euro-zone’s preliminary consumer confidence index improved to a level of -4.9 in January, notching its strongest level since … Continue reading

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Trading Signals as per 23-January-2017

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 114.02 112.92 USD/CAD SELL Active 1.3322 1.3242 AUD/USD BUY Active 0.7538 0.7598 GBP/CHF SELL Active 1.2496 1.2406 EUR/JPY BUY Active 121.48 122.28 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 stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil climbed 3.42% against the USD and closed at USD53.23 per barrel on Friday, on hopes that a weekend meeting of top oil producers would demonstrate compliance to a … 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 0.44% against the USD and closed at USD17.10 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.20, … 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 0.32% against the USD and closed at USD1207.70 per ounce on Friday, following weakness in the greenback after the inauguration speech of the 45th President of the US highlighted … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.09% against the USD and closed at 0.7558 on Friday. LME Copper prices declined 0.1% or $4.0/MT to $5706.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1839.0/MT. In … Continue reading

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USD/CAD: Canadian annual inflation inched higher in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3311 on Friday. Macroeconomic data revealed that Canada’s consumer price index (CPI) unexpectedly fell 0.2% on a monthly basis in December, … Continue reading

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