Monthly Archives: September 2017

GBP/USD: Britain’s retail sales accelerated to a 4-month high level in August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3506. On the economic front, data showed that UK’s retail sales jumped 1.0% MoM and surged to a 4-month high in … Continue reading

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EUR/USD: Euro trading on a weaker footing, ahead of ECB President’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.87% against the USD and closed at 1.1891. On the macro front, Germany’s producer price index climbed more-than-expected by 2.6% on an annual basis in August, compared to … Continue reading

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Trading Signals as per 20-September-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1968 1.2038 USD/CHF SELL Active 0.9652 0.9572 GBP/USD SELL Active 1.3612 1.3502 GBP/CHF BUY Active 1.2927 1.3058 NZD/USD SELL Active 0.7392 0.7332 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 a tad lower, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.34% against the USD and closed at USD49.80 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories rose by 1.4 million barrels … 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 rose 0.46% against the USD and closed at USD17.35 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.35, with the … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.18% against the USD and closed at USD1314.40 per ounce, after oscillating between gains and losses. In the Asian session, at GMT0300, the pair is trading at 1315.80, with … Continue reading

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AUD/USD: Australia’s Westpac leading index fell in August

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.54% against the USD and closed at 0.8007. LME Copper prices rose 0.1% or $5.0/MT to $6492.0/MT. Aluminium prices rose 2.0% or $41.0/MT to $2107.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.2291. In the Asian session, at GMT0300, the pair is trading at 1.2281, with the USD trading 0.08% lower against the … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9622. In the Asian session, at GMT0300, the pair is trading at 0.9613, with the USD trading 0.09% lower against the … Continue reading

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USD/JPY: Japan’s adjusted merchandise trade surplus widened in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 111.52. In the Asian session, at GMT0300, the pair is trading at 111.52, with the USD trading flat against the JPY … Continue reading

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

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.3513. In the Asian session, at GMT0300, the pair is trading at 1.3523, with the GBP trading 0.07% higher against the … Continue reading

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