Monthly Archives: October 2017

GBP/USD: UK’s retail sales plunged in September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.41% against the USD and closed at 1.3155, following weaker-than-expected UK retail sales figures. Data showed that Britain’s retail sales declined more-than-expected by 0.7% on a monthly basis … Continue reading

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EUR/USD: Euro trading lower in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1847, despite political upheaval in Spain after the Spanish government threatened to suspend Catalonia’s autonomy and take control as the region’s … Continue reading

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Trading Signals as per 19-October-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9832 0.9762 GBP/USD SELL Active 1.3222 1.3122 USD/CAD BUY Active 1.2418 1.2498 GBP/CHF SELL Active 1.2927 1.2826 NZD/USD BUY Active 0.6988 0.7161 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 0.13% against the USD and closed at USD52.09 per barrel, after the Energy Information Administration (EIA) disclosed that US crude stockpiles fell more-than-anticipated by 5.7 million barrels … 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 0.44% against the USD and closed at USD17.01 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.96, with the … 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 0.4% against the USD and closed at USD1283.00 per ounce, as strength in global equities dented demand for the precious yellow metal. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Australia’s unemployment rate dipped to a 4-month low in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7848. LME Copper prices declined 1.1% or $74.5/MT to $6971.5/MT. Aluminium prices declined 0.2% or $4.5/MT to $2106.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing shipments climbed to an 8-month high in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.4% against the CAD and closed at 1.2464. On the data front, Canada’s manufacturing shipments surprisingly advanced 1.6% MoM in August, rising the most in eight months and … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9812. In the Asian session, at GMT0300, the pair is trading at 0.9808, with the USD trading marginally lower against the … Continue reading

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USD/JPY: Japan’s adjusted merchandise trade surplus unexpectedly narrowed in September

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.77% against the JPY and closed at 113.04. In the Asian session, at GMT0300, the pair is trading at 113, with the USD trading marginally lower against the … Continue reading

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GBP/USD: UK’s ILO unemployment rate remained steady at its lowest since 1975 in the three months to August

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.3209, after data showed that Britain’s ILO unemployment rate remained steady at a 42-year low level of 4.3% in the three … Continue reading

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