Monthly Archives: July 2017

Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.4% against the USD and closed at USD1256.00 per ounce, amid strength in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1253.80, with … Continue reading

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AUD/USD: Weaker wage growth and rising household debt means policy rates will stay lower for longer: RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7940. LME Copper prices jumped 2.5% or $150.0/MT to $6150.0/MT. Aluminium prices rose 0.3% or $6.5/MT to $1896.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.2510. In the Asian session, at GMT0300, the pair is trading at 1.2507, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss Franc trading marginally higher, ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.58% against the CHF and closed at 0.9527. In the Asian session, at GMT0300, the pair is trading at 0.9522, with the USD trading a tad lower against … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the JPY and closed at 111.88. In the Asian session, at GMT0300, the pair is trading at 111.92, with the USD trading marginally higher against the … Continue reading

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GBP/USD: Pound trading flat in the Asian session, ahead of UK’s 2Q GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.3030. On the data front, Britain’s CBI industrial trends total orders dropped more-than-expected to a level of 10.0 in July, compared … Continue reading

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EUR/USD: Mood among German businesses surged to record high in July

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1646, following upbeat Ifo report from Germany. Data indicated that Germany’s Ifo business climate index unexpectedly jumped to a record high … Continue reading

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Trading Signals as per 25-July-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9502 0.9432 USD/JPY SELL Active 111.32 110.62 USD/CAD SELL Active 1.2562 1.2492 NZD/USD BUY Active 0.7409 0.7459 GBP/CHF SELL Active 1.2285 1.2369 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 in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.49% against the USD and closed at USD46.41 per barrel, after leading OPEC producer, Saudi Arabia, vowed to limit crude exports next month, in a bid reduce … Continue reading

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Silver: White metal trading marginally higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.46 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.47, with the silver trading a tad higher … Continue reading

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Gold: Yellow metal trading a tad lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.1% against the USD and closed at USD1261.70 per ounce, as increased political uncertainty in the US boosted risk aversion among investors. In the Asian session, at GMT0300, the … Continue reading

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