Monthly Archives: February 2017

GBP/USD: UK’s wage growth unexpectedly slowed during the last three months of 2016

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.1% against the USD and closed at 1.2458, after the latest jobs report indicated that UK’s wage growth surprisingly slowed in the three months to December. Data showed … Continue reading

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EUR/USD: Euro-zone’s trade surplus unexpectedly widened in December

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0592, after the Euro-zone’s seasonally adjusted trade surplus surprisingly widened to a level of €24.5 billion in December, from a revised … Continue reading

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Trading Signals as per 15-February-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0102 1.0042 NZD/USD BUY Active 0.7141 0.7203 USD/JPY SELL Active 115.02 114.12 USD/CAD SELL Active 1.3112 1.3042 GBP/CHF BUY Active 1.2479 1.2605 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 lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.08% against the USD and closed at USD52.98 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories jumped 9.94 million barrels to … 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 0.76% against the USD and closed at USD17.95 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.93, with the … Continue reading

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Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.22% against the USD and closed at USD1229.20 per ounce, reversing its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1227.10, with the … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence advanced in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.46% against the USD and closed at 0.7673. LME Copper prices rose 0.6% or $34.0/MT to $6145.0/MT. Aluminium prices rose 1.4% or $25.5/MT to $1893.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3073. In the Asian session, at GMT0400, the pair is trading at 1.3069, with the USD trading slightly lower from yesterday’s … Continue reading

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USD/CHF: Swiss consumer price index remained flat in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0060. On the macro front, Switzerland’s consumer price index (CPI) surprisingly remained flat on a monthly basis in January, while market … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the JPY and closed at 114.30. In the Asian session, at GMT0400, the pair is trading at 114.28, with the USD trading marginally lower against the … Continue reading

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GBP/USD: UK’s annual inflation accelerates at the quickest pace in more than 2-years in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.2471, after UK’s consumer prices grew at the fastest annual pace since June 2014 in January. Data indicated that, Britain’s consumer … Continue reading

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