Monthly Archives: February 2017

USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3107. Macroeconomic data revealed that Canada’s wholesale sales advanced 0.7% on a monthly basis in December, higher than market expectations for … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0024. In economic news, Switzerland’s total sight deposits rose to a level of CHF543.5 billion in the week ended 17 February, … Continue reading

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USD/JPY: Japan’s manufacturing sector expands at the fastest pace in nearly 3-years in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.03% against the JPY and closed at 113.14. In the Asian session, at GMT0400, the pair is trading at 113.67, with the USD trading 0.47% higher against the … Continue reading

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GBP/USD: Pound trading lower, ahead of BoE Governor’s speech

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.44% against the USD and closed at 1.2466. On the data front, UK’s CBI industrial trends total orders advanced to a level of 8.0 in February, from a … Continue reading

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EUR/USD: Euro-zone’s consumer sentiment drops further in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0614. In economic news, the Euro-zone’s flash consumer confidence index deteriorated to a three-month low level of -6.2 in February, more … Continue reading

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Trading Signals as per 20-February-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0652 1.0592 USD/CHF SELL Active 1.0062 1.0012 GBP/USD BUY Active 1.2368 1.2458 USD/CAD BUY Active 1.3048 1.3108 EUR/JPY BUY Active 119.58 120.38 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 declined 0.13% against the USD and closed at USD53.36 per barrel on Friday, after Baker Hughes disclosed that active oil rigs in the US rose by 6 to … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.41% against the USD and closed at USD18.08 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 18.02, with the silver trading 0.36% … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally declined against the USD and closed at USD1239.10 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 1234.90, with the gold trading 0.34% … 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 declined 0.43% against the USD and closed at 0.7658 on Friday. LME Copper prices declined 1.3% or $76.0/MT to $5939.0/MT. Aluminium prices declined 0.7% or $12.5/MT to $1865.5/MT. In … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.3101 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3091, with the USD trading 0.08% lower … Continue reading

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