Monthly Archives: July 2017

GBP/USD: Britain’s services sector expanded at its weakest pace in four months in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.2936. On the data front, Britain’s Markit services PMI fell to a four-month low level of 53.4 in June, highlighting that … Continue reading

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EUR/USD: Services sector activity across the Euro-zone slowed less than initially estimated in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1351. On the data front, the Euro-zone’s final Markit services PMI fell less than initially estimated to a level of 55.4 … Continue reading

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Trading Signals as per 5-July-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9692 0.9622 GBP/USD BUY Active 1.2828 1.2948 USD/CAD SELL Active 1.2992 1.2902 AUD/USD SELL Active 0.7652 0.7592 GBP/CHF SELL Active 1.2512 1.2423 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, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD47.14 per barrel, extending its gains for a sixth straight session. In the Asian session, at GMT0300, the pair is … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.22% against the USD and closed at USD16.10 per ounce, extending its previous session losses. In the Asian session, at GMT0300, the pair is trading at 16.15, with the … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.15% against the USD and closed at USD1223.80 per ounce, as investors piled into safe-haven metal after North Korea’s missile test into Japanese waters sparked geopolitical tensions. In the … Continue reading

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AUD/USD: Australia’s services sector grew at a faster pace in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.69% against the USD and closed at 0.7608. LME Copper prices declined 0.8% or $47.0/MT to $5847.0/MT. Aluminium prices declined 0.7% or $14.0/MT to $1903.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing sector activity declined to a 4-month low in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.2937. On the macro front, Canada’s Markit manufacturing PMI eased to a four-month low level of 54.7 in June, suggesting a … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9647. In the Asian session, at GMT0300, the pair is trading at 0.9644, with the USD trading marginally lower against the … Continue reading

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USD/JPY: Japan’s services sector growth expanded in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 113.10. In the Asian session, at GMT0300, the pair is trading at 112.97, with the USD trading 0.11% lower against the … Continue reading

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GBP/USD: UK’s construction sector activity cooled in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2928, on the back of downbeat construction sector data in the UK. Data indicated that Britain’s Markit construction PMI dropped to … Continue reading

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