Monthly Archives: January 2017

GBP/USD: UK’s ILO unemployment rate remained at an 11-year low level in the three months to November

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.14% against the USD and closed at 1.2262. Macroeconomic data revealed that UK’s ILO unemployment rate remained unchanged at an eleven-year low level of 4.8% in the September-November … Continue reading

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EUR/USD: Eurozone’s annual inflation confirmed at more than 3-year high level in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.71% against the USD and closed at 1.0633. On the economic front, the Euro-zone’s final consumer price index rose 1.1% on an annual basis in December, in line … Continue reading

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Trading Signals as per 18-January-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0072 0.9982 GBP/USD SELL Active 1.2432 1.2222 USD/JPY SELL Active 114.02 112.82 NZD/USD BUY Active 0.716 0.7229 GBP/CHF BUY Active 1.2468 1.2246 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 in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil traded flat against the USD and closed at USD52.50 per barrel. In the Asian session, at GMT0400, the pair is trading at 52.66, with the oil trading 0.3% … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.14% against the USD and closed at USD17.21 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.19, with the … Continue reading

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Gold: Yellow metal reversed its gains in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.11% against the USD and closed at USD1216.70 per ounce, amid a broad weakness in the greenback, following comments from the US President-elect Donald Trump on strong US Dollar. … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence inched higher in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.14% against the USD and closed at 0.7553. LME Copper prices declined 1.5% or $85.5/MT to $5771.5/MT. Aluminium prices declined 0.4% or $6.5/MT to $1805.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reversed its gains in the Asian session, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.08% against the CAD and closed at 1.3043. In the Asian session, at GMT0400, the pair is trading at 1.3064, with the USD trading 0.16% higher against the … 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 declined 0.88% against the CHF and closed at 1.0018. In the Asian session, at GMT0400, the pair is trading at 1.0027, with the USD trading 0.09% higher against the … 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 declined 1.13% against the JPY and closed at 112.78. In the Asian session, at GMT0400, the pair is trading at 113.04, with the USD trading 0.23% higher against the … Continue reading

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GBP/USD: Theresa May outlines clean break for Britain

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP jumped 3.2% against the USD and closed at 1.2403, following Theresa May’s speech that outlined Britain’s plans for leaving the European Union (EU). During a speech at Lancaster House … Continue reading

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