Monthly Archives: September 2017

USD/CHF: Swiss Franc trading marginally lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CHF and closed at 0.9555. In economic news, Switzerland’s total sight deposits stood at CHF579.0 billion in the week ended 08 September, down from CHF579.2 … Continue reading

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USD/JPY: Japanese Yen trading slightly lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.77% against the JPY and closed at 109.28, as demand for safe-haven currency diminished after Hurricane Irma caused less damage than initially anticipated and as North Korea celebrated … Continue reading

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GBP/USD: Pound trading a tad higher, ahead of Britain’s inflation data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3177. In the Asian session, at GMT0300, the pair is trading at 1.3178, with the GBP trading marginally higher against the … Continue reading

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EUR/USD: Euro trading marginally lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.37% against the USD and closed at 1.1964. On the macro front, Italy’s seasonally adjusted industrial production unexpectedly climbed 0.1% on a monthly basis in July, advancing for … Continue reading

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Trading Signals as per 11-September-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1978 1.2038 USD/CHF SELL Active 0.9562 0.9482 USD/JPY SELL Active 109.02 108.12 AUD/USD BUY Active 0.8008 0.8058 NZD/USD SELL Active 0.7297 0.7236 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 declined 3.12% against the USD and closed at USD47.58 on Friday, amid worries that US crude oil demand would be hit hard by Hurricane Irma. Meanwhile, Baker Hughes … Continue reading

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Silver: White metal extends its losses this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.61% against the USD and closed at USD18.07 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.91, … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.1% against the USD and closed at USD1351.70 per ounce on Friday, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1341.70, … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.8053 on Friday. LME Copper prices declined 0.9% or $62.5/MT to $6780.0/MT. Aluminium prices declined 0.1% or $3.0/MT to $2072.0/MT. Over … Continue reading

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USD/CAD: Canadian unemployment rate dipped to a 9-year low in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.2146 on Friday. Macroeconomic data showed that Canada’s unemployment rate unexpectedly fell to 6.2% in August, hitting a nine-year low level … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in August

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CHF and closed at 0.9450 on Friday. On the macro front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.2% in August, meeting market expectations. … Continue reading

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