Monthly Archives: October 2017

USD/JPY: Japanese Prime Minister retains two-third majority in national elections

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.84% against the JPY and closed at 113.51 on Friday. In the Asian session, at GMT0300, the pair is trading at 113.75, with the USD trading 0.21% higher … Continue reading

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GBP/USD: UK’s public sector net borrowing registered a deficit in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3187 on Friday, amid hopes of constructive talks over Brexit, after the UK Prime Minister, Theresa May, called on EU leaders … Continue reading

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EUR/USD: Euro-zone’s current account surplus rose to a 15-month high in August

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1770 on Friday. In economic news, the Euro-zone’s seasonally adjusted current account surplus notched its highest level since May 2016 in … Continue reading

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Trading Signals as per 20-October-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1862 1.1772 USD/CHF BUY Active 0.9738 0.9878 USD/CAD SELL Active 1.2562 1.2462 AUD/USD SELL Active 0.7882 0.7822 GBP/CHF SELL Active 1.3018 1.2882 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 extends its losses, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD51.42 per barrel, surrendering its previous session gains. Yesterday, the OPEC Secretary-General, Mohammad Barkindo, stated that the oil market is … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.76% against the USD and closed at USD17.31 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.19, with the … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.74% against the USD and closed at USD1291.70 per ounce, amid weakness in the greenback and political tensions in Spain. In the Asian session, at GMT0300, the pair is … Continue reading

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AUD/USD: Aussie Dollar trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.37% against the USD and closed at 0.7877. LME Copper prices declined 0.7% or $51.5/MT to $6920.0/MT. Aluminium prices rose 1.0% or $22.0/MT to $2128.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s inflation and retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.2485. In the Asian session, at GMT0300, the pair is trading at 1.2518, with the USD trading 0.26% higher against the … Continue reading

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USD/CHF: Switzerland’s trade surplus rose in September

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.51% against the CHF and closed at 0.9762. In economic news, Switzerland’s trade surplus widened to CHF2.9 billion in September, after recording a revised surplus of CHF2.2 billion … Continue reading

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USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the JPY and closed at 112.56. On the data front, Japan’s final machine tool orders climbed 45.0% YoY in September, and revised lower from a preliminary … Continue reading

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