Monthly Archives: November 2017

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.6% against the CAD and closed at 1.2702. In the Asian session, at GMT0400, the pair is trading at 1.2703, with the USD trading slightly higher against the … Continue reading

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USD/CHF: Swiss Franc trading marginally higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.98% against the CHF and closed at 0.9817. In the Asian session, at GMT0400, the pair is trading at 0.9816, with the USD trading a tad lower against … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.1% against the JPY and closed at 111.20. In the Asian session, at GMT0400, the pair is trading at 111.31, with the USD trading 0.1% higher against the … Continue reading

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GBP/USD: British Government slashes growth projections, sets aside £3.0 billion for Brexit: Autumn Budget

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.66% against the USD and closed at 1.3326. Yesterday, the British Finance Minister, Philip Hammond, in his Autumn Statement announced that the Office for Budget Responsibility (OBR) downgraded … Continue reading

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EUR/USD: Euro-zone’s consumer confidence jumped to its highest since 2001 in November

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.1821, after a reading on the Euro-zone consumer sentiment came in better-than-expected in November. Data showed that the Euro-zone’s preliminary consumer … Continue reading

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Trading Signals as per 22-November-2017

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3208 1.3268 USD/JPY BUY Active 111.68 112.28 AUD/USD BUY Active 0.7538 0.7588 EUR/JPY SELL Active 132.42 131.42 NZD/USD SELL Active 0.6868 0.6817 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 gains in the Asian session, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.37% against the USD and closed at USD57.12 per barrel, after the American Petroleum Institute (API) reported that US crude oil stockpiles fell more-than-anticipated by 6.4 million … Continue reading

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Silver: White metal trading on a weaker footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.86% against the USD and closed at USD17.05 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.04, with silver … 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 rose 0.2% against the USD and closed at USD1280.10 per ounce, as a broad weakness in the greenback boosted demand for the precious yellow metal. In the Asian session, at … Continue reading

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AUD/USD: RBA unlikely to increase interest rates in the near term: Philip Lowe

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7578. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe ruled out the possibility of a near-term interest rate hike … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2779. On the macro front, Canada’s wholesale sales surprisingly eased 1.2% on a monthly basis in September, confounding market consensus for … Continue reading

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