Monthly Archives: July 2017

GBP/USD: Pound trading marginally higher, ahead of UK’s retail sales data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3027. In the Asian session, at GMT0300, the pair is trading at 1.3030, with the GBP trading a tad higher against … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ECB’s interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1529. On the data front, the Euro-zone’s seasonally adjusted construction output eased 0.7% on a monthly basis in May, following a … Continue reading

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Trading Signals as per 19-July-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1572 1.1512 GBP/USD SELL Active 1.3112 1.3002 NZD/USD BUY Active 0.7329 0.7384 GBP/CHF BUY Active 1.2345 1.2488 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 on a weaker footing, ahead of EIA’s crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.04% against the USD and closed at USD46.48 per barrel, as reports of a decrease in Saudi Arabian crude exports boosted investor sentiment. Separately, the American Petroleum … Continue reading

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Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.93% against the USD and closed at USD16.24 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.24, 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 0.74% against the USD and closed at USD1242.90 per ounce, as weakness in the US Dollar boosted demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Australia’s Westpac leading index declined further in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.59% against the USD and closed at 0.7920. LME Copper prices declined 0.4% or $25.0/MT to $5940.5/MT. Aluminium prices declined 0.7% or $14.0/MT to $1887.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.2623. In the Asian session, at GMT0300, the pair is trading at 1.2638, with the USD trading 0.12% higher against the … Continue reading

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USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9549. In the Asian session, at GMT0300, the pair is trading at 0.9556, with the USD trading 0.07% higher against the … Continue reading

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USD/JPY: Japanese Yen trading marginally lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the JPY and closed at 112.01. In the Asian session, at GMT0300, the pair is trading at 112.06, with the USD trading a tad higher against … Continue reading

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GBP/USD: British inflation unexpectedly slowed for the first time since October 2016 in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3044, following softer inflation figures in the UK. Data indicated that Britain’s consumer price index (CPI) climbed 2.6% on an annual … Continue reading

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