Monthly Archives: August 2017

Silver: White metal reverses its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.12% against the USD and closed at USD17.58 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.56, with the … Continue reading

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Gold: Yellow metal trading a tad lower this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.77% against the USD and closed at USD1322.70 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1322.60, with … Continue reading

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AUD/USD: Aussie Dollar trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.3% against the USD and closed at 0.7918. LME Copper prices rose 2.1% or $137.0/MT to $6714.0/MT. Aluminium prices declined 0.4% or $8.5/MT to $2096.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD and closed at 1.2515. In the Asian session, at GMT0300, the pair is trading at 1.2504, with the USD trading 0.09% lower against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.4% against the CHF and closed at 0.9518. On the macro front, Switzerland’s total sight deposits rose to a level of CHF579.8 billion in the week ended 25 … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the JPY and closed at 108.66. In the Asian session, at GMT0300, the pair is trading at 108.81, with the USD trading 0.14% higher against the … Continue reading

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GBP/USD: Third round of Brexit talks underway in Brussels

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.2929. Meanwhile, another round of Brexit negotiations kicked off yesterday, with UK’s Labour party favouring for a softer departure from the … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of Germany’s GfK consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.1967. On the economic front, Italy’s consumer confidence index unexpectedly rose to a level of 110.8 in August, surging to an … Continue reading

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Trading Signals as per 28-August-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1992 1.1892 USD/CHF BUY Active 0.9498 0.9568 GBP/USD BUY Active 1.2838 1.2928 EUR/JPY BUY Active 129.68 130.58 GBP/CHF SELL Active 1.2357 1.2265 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 reverses its losses, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.28% against the USD and closed at USD47.73 per barrel. However, losses in crude prices were limited, following hopes of potential crude output disruptions in US after … 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 0.99% against the USD and closed at USD17.00 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.02, with the … Continue reading

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