Monthly Archives: February 2017

AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.43% against the USD and closed at 0.7622. LME Copper prices rose 0.3% or $16.0/MT to $5802.0/MT. Aluminium prices declined 0.2% or $3.0/MT to $1809.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian building permits plummeted to a nearly one-year low level in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD and closed at 1.3182. The Canadian Dollar lost ground, after Canada’s building permits dropped more-than-estimated by 6.6% MoM in December, hitting its lowest level … Continue reading

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USD/CHF: Swiss SECO consumer confidence highest since July 2014 during three months to January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.68% against the CHF and closed at 0.9972. Macroeconomic data indicated that Switzerland’s SECO consumer confidence index improved to a level of -3.0 in the three months to … Continue reading

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USD/JPY: BoJ highlights positive economic developments, but warns on inflation expectations

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the JPY and closed at 112.31. In the Asian session, at GMT0400, the pair is trading at 112.04, with the USD trading 0.24% lower against the … Continue reading

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GBP/USD: UK’s Halifax house prices fell for the first time in 5-months

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.2507. On the economic front, UK’s Halifax house prices unexpectedly declined 0.9% MoM in January, dropping for the first time since … Continue reading

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EUR/USD: German industrial output surprisingly fell in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.0679, after Germany’s seasonally adjusted industrial production unexpectedly dropped 3.0% on a monthly basis in December, declining by the most in … Continue reading

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Trading Signals as per 07-February-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0658 1.0728 USD/CAD SELL Active 1.3202 1.3102 EUR/JPY SELL Active 120.42 119.32 GBP/CHF BUY Active 1.2310 1.2440 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 a tad higher in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.37% against the USD and closed at USD 53.18, surrendering its previous session gains. In the Asian session, at GMT0400, the pair is trading at 53.19, with … Continue reading

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Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.88% against the USD and closed at USD17.74 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.685, with the … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.0% against the USD and closed at USD1237.30 per ounce, as weakness in global equities increased demand for the safe haven yellow metal. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: RBA leaves key interest rate on hold

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.1% against the USD and closed at 0.7655. LME Copper prices declined 0.9% or $50.0/MT to $5786.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1812.0/MT. In the Asian … Continue reading

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