Monthly Archives: December 2017

Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.54% against the USD and closed at USD1243.60 per ounce, amid strength in US equities. In the Asian session, at GMT0400, the pair is trading at 1246.00, with gold … Continue reading

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AUD/USD: Australia’s business confidence index slid in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.7529. LME Copper prices rose 0.1% or $9.0/MT to $6547.5/MT. Aluminium prices declined 0.03% or $0.5/MT to $1991.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2857. In the Asian session, at GMT0400, the pair is trading at 1.2853, with the USD trading slightly lower against the … Continue reading

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USD/CHF: Swiss Franc trading flat in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9918. In economic news, Switzerland’s total sight deposits edged down to a level of CHF575.9 billion in the week ended 08 … Continue reading

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USD/JPY: Japan’s tertiary industry index sharply rebounded in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the JPY and closed at 113.54. In the Asian session, at GMT0400, the pair is trading at 113.51, with the USD trading marginally lower against the … Continue reading

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GBP/USD: Pound trading a tad lower, ahead of key inflation data in the UK

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.39% against the USD and closed at 1.3343. In the Asian session, at GMT0400, the pair is trading at 1.3339, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of the ZEW economic sentiment survey

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1773. On the macro front, Italy’s seasonally adjusted retail sales unexpectedly eased 1.0% on a monthly basis in October, dipping to … Continue reading

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Trading Signals as per 11-December-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1828 1.1758 AUD/USD SELL Active 0.7571 0.7501 GBP/CHF BUY Active 1.3185 1.3313 USD/CAD SELL Active 1.2902 1.2822 USD/CHF SELL Active 0.9942 0.9892 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 between its MA’s this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.29% against the USD and closed at USD57.34 per barrel on Friday, aided by surging Chinese crude demand and fears of a strike in Africa’s largest oil … Continue reading

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Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.67% against the USD and closed at USD15.86 per ounce on Friday. In the Asian session, at GMT0400, the pair is trading at 15.86, with silver trading flat against … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold slightly declined against the USD and closed at USD1249.40 per ounce on Friday, weighed by rising expectations that the Fed would increase interest rate later this week. In the Asian … Continue reading

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