Monthly Archives: February 2017

AUD/USD: Australia’s Westpac leading index rose in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.18% against the USD and closed at 0.767. LME Copper prices rose 0.5% or $32.0/MT to $6034.0/MT. Aluminium prices traded flat to trade at $1878.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CAD and closed at 1.3146. In the Asian session, at GMT0400, the pair is trading at 1.3124, with the USD trading 0.17% lower against the … Continue reading

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USD/CHF: Switzerland’s trade surplus increased in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CHF and closed at 1.0098. Macroeconomic data revealed that Switzerland’s trade surplus widened to a level of CHF4.73 billion in January, amid a sharp drop … Continue reading

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USD/JPY: Japanese Yen trading higher in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 113.70. In the Asian session, at GMT0400, the pair is trading at 113.44, with the USD trading 0.23% lower against the … Continue reading

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GBP/USD: UK’s public sector net borrowing posted a surplus for the first time since July 2016

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2476, after data indicated that Britain’s public sector net borrowing posted a surplus of £9.8 billion in January, recording its first … Continue reading

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EUR/USD: Euro-zone’s manufacturing and services sector growth accelerated in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.74% against the USD and closed at 1.0535. On the economic front, the Euro-zone’s preliminary Markit manufacturing PMI unexpectedly climbed to a level of 55.5 in February, expanding … Continue reading

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Trading Signals as per 21-February-2017

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2472 1.2392 USD/CAD BUY Active 1.3078 1.3168 AUD/USD BUY Active 0.7618 0.7678 EUR/JPY SELL Active 120.32 119.52 GBP/CHF BUY Active 1.2491 1.2577 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 morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.41% against the USD and closed at USD53.65 per barrel, propelled by fresh data showing a decline in Saudi Arabian oil exports in December. Saudi Arabia’s crude … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.56% against the USD and closed at USD18.12 per ounce. In the Asian session, at GMT0400, the pair is trading at 18.04, with the silver trading 0.41% lower from … 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 0.32% against the USD and closed at USD1238.50 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1233.90, with the … Continue reading

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AUD/USD: Australia’s economic slowdown in Q3 2016 likely temporary: RBA Minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7684. LME Copper prices rose 1.1% or $63.0/MT to $6002.0/MT. Aluminium prices rose 0.7% or $12.5/MT to $1878.0/MT. In the Asian … Continue reading

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