Monthly Archives: August 2017

Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.2% against the USD and closed at USD17.04 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the … Continue reading

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Gold: Yellow metal trading on a weaker footing in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.49% against the USD and closed at USD1286.90 per ounce, amid a broad strength in the greenback as concerns of a possible nuclear war between the US and North … Continue reading

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AUD/USD: Australian economy will likely pick up pace in the near-term: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.66% against the USD and closed at 0.7856. LME Copper prices declined 0.04% or $2.5/MT to $6351.0/MT. Aluminium prices declined 0.5% or $10.5/MT to $2030.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower in the morning session, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD and closed at 1.2725. On the data front, Canada’s Teranet/National Bank house price index advanced 2.0% MoM in July. In the prior month, the … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.96% against the CHF and closed at 0.9721. In economic news, Switzerland’s total sight deposits inched up to a level of CHF578.9 billion in the week ended 11 … Continue reading

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USD/JPY: Japanese industrial production revised higher in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the JPY and closed at 109.72. In the Asian session, at GMT0300, the pair is trading at 110.18, with the USD trading 0.42% higher against the … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.2961. In the Asian session, at GMT0300, the pair is trading at 1.2965, with the GBP trading slightly higher against the … Continue reading

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EUR/USD: Euro-zone’s industrial output fell for the first time since February 2017

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.45% against the USD and closed at 1.1778, after the Euro-zone’s seasonally adjusted industrial production eased more-than-expected by 0.6% on a monthly basis in June, declining for the … Continue reading

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Trading Signals as per 14-August-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9682 0.9602 USD/JPY BUY Active 109.08 109.88 EUR/JPY BUY Active 128.98 129.98 GBP/CHF SELL Active 1.2614 1.2509 AUD/USD BUY Active 0.7848 0.7898 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 weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.41% against the USD and closed at USD48.76 per barrel on Friday, after the International Energy Agency (IEA) stated that global oil demand will grow more-than-expected this … 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 0.09% against the USD and closed at USD17.11 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 17.08, with the silver trading 0.2% … Continue reading

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