Monthly Archives: November 2017

USD/CHF: Switzerland’s trade surplus narrowed in October

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 0.9914. In economic news, Switzerland’s trade surplus narrowed to CHF2.33 billion in October, after recording a surplus of CHF2.92 billion in … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 112.44. In the Asian session, at GMT0400, the pair is trading at 112.29, with the USD trading 0.13% lower against the … Continue reading

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GBP/USD: Britain’s public sector net borrowing posted a deficit in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3239. On the macro front, UK’s public sector net borrowing posted a deficit of £7.5 billion in October, higher than market … Continue reading

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EUR/USD: Euro trading slightly higher, ahead of the Euro-zone’s consumer confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1736. In the US, data indicated that existing home sales climbed more-than-expected by 2.0% on a monthly basis to a level … Continue reading

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Trading Signals as per 21-November-2017

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9898 0.9948 USD/JPY BUY Active 112.28 112.78 EUR/JPY BUY Active 131.58 132.48 NZD/USD SELL Active 0.6841 0.6791 GBP/CHF SELL Active 1.3204 1.3114 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, ahead of API’s weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.49% against the USD and closed at USD56.35 per barrel, amid fresh doubts whether the OPEC’s next week meeting would result in an extension of output cuts. … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.69% against the USD and closed at USD16.91 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.96, with silver … Continue reading

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Gold: Yellow metal reverses its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.22% against the USD and closed at USD1276.20 per ounce, amid strength in the US Dollar and a rally in global equities. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: Officials concerned over wage growth timing: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7549. LME Copper prices rose 0.4% or $23.5/MT to $6752.0/MT. Aluminium prices declined 0.5% or $9.5/MT to $2067.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.2811. In the Asian session, at GMT0400, the pair is trading at 1.2806, with the USD trading a tad lower against … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Swiss trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9934. In economic news, Switzerland’s total sight deposits inched up to a level of CHF577.6 billion during the week ended 17 … Continue reading

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