Monthly Archives: July 2017

Crude Oil: Oil trading on a weaker footing, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.01% against the USD and closed at USD49.15 per barrel, as investors continued to cheer data showing a sharp drop in US crude oil inventories. In the … 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 0.3% against the USD and closed at USD16.56 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.56, with the … Continue reading

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Gold: Yellow metal trading marginally higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1265.50 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1265.60, … Continue reading

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AUD/USD: Aussie Dollar trading marginally higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.3% against the USD and closed at 0.7972. LME Copper prices rose 1.4% or $87.0/MT to $6325.0/MT. Aluminium prices rose x.x% or $xx.x/MT to $xxxx.x/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP report

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CAD and closed at 1.2551. On the macro front, Canada’s CFIB business barometer index fell to a level of 60.7 in July, after recording a … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Swiss KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.37% against the CHF and closed at 0.9645. In the Asian session, at GMT0300, the pair is trading at 0.9701, with the USD trading 0.58% higher against the … Continue reading

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USD/JPY: BoJ’s July summary of opinions indicate concerns about credibility, ETF purchases

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 111.19. In the Asian session, at GMT0300, the pair is trading at 111.06, with the USD trading 0.12% lower against the … Continue reading

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GBP/USD: UK’s consumer confidence deteriorated in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.3072. In the Asian session, at GMT0300, the pair is trading at 1.3088, with the GBP trading 0.12% higher against the … Continue reading

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EUR/USD: German consumer morale zoomed to a 16-year high in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.1683. In economic news, Germany’s GfK consumer confidence index unexpectedly climbed to a level of 10.8 in August, escalating to a … Continue reading

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Trading Signals as per 27-July-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1688 1.1778 USD/CHF SELL Active 0.9552 0.9472 USD/JPY SELL Active 111.22 110.52 GBP/CHF BUY Active 1.2418 1.255 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 marginally higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.43% against the USD and closed at USD48.66 per barrel, as a surprisingly sharp drop in US crude oil stockpiles boosted investor sentiment. The Energy Information Administration … Continue reading

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