Daily Archives: February 2, 2017

Trading Signals as per 02-February-2017

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 113.32 112.12 USD/CAD BUY Active 1.2918 1.3038 AUD/USD BUY Active 0.7618 0.7708 NZD/USD SELL Active 0.7355 0.7278 EUR/JPY BUY Active 120.78 121.88 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 Crude Oil prices advanced 1.52% against the USD for the 24-hour period ending 23:00GMT, closing at USD53.55, amid signs that the Organisation of the Petroleum Exporting Countries (OPEC) and other producers are curbing output and as geopolitical … Continue reading

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Silver: White metal trading higher this morning

Silver Movement Silver prices marginally declined to USD17.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, the pair is trading at 17.63, with the silver trading 0.43% higher against the USD from yesterday’s close. … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded 0.07% lower against the USD in the 24-hour period ending 23:00GMT, at USD 1211.70 per ounce, amid strength in the greenback and gains in global equity markets. In the Asian session, at GMT0400, the pair … Continue reading

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AUD/USD: Australia’s trade surplus expands in December

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7578. LME Copper prices rose 0.17% or $10.0 /MT to $5931.0 /MT. Aluminium prices declined 0.14% or $2.5 /MT to $1818.0 … Continue reading

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USD/CAD: Canada’s RBC PMI accelerates in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.3042. On the data front, Canada’s RBC purchasing managers’ index (PMI) notched a 2-year high level of 53.5 in January, backed … Continue reading

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USD/CHF: Swiss SVME PMI declined in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 0.9930. In economic news, Switzerland’s SVME – purchasing managers’ index (PMI) dropped more than expected to a level of 54.6 in … Continue reading

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USD/JPY: Japan’s monetary base rose in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 113.2600. In the Asian session, at GMT0400, the pair is trading at 112.7, with the USD trading 0.49% lower against the … Continue reading

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GBP/USD: Pound trading a tad higher, ahead of the BoE’s interest rate decision

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.2657. In economic news, the UK’s Markit manufacturing PMI edged down to a level of 55.9 in January, from a reading … Continue reading

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EUR/USD: Euro trading higher, ahead of the ECB Chief’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.0764. On the economic data front, final reading of the Eurozone’s Markit manufacturing PMI rose above expectations to a 69-month high … Continue reading

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