Monthly Archives: December 2017

USD/CHF: Switzerland’s consumer prices surprisingly dropped in November

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9895. The Swiss Franc declined against the USD, after data indicated that Switzerland’s consumer price index (CPI) unexpectedly fell 0.1% MoM … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the JPY and closed at 112.24. In the Asian session, at GMT0400, the pair is trading at 112.38, with the USD trading 0.12% higher against the … Continue reading

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GBP/USD: Pound trading flat in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.3383, after UK’s Chief Brexit negotiator, David Davis stated that “no quantitative assessment” was carried out to analyse the impact of … Continue reading

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EUR/USD: Germany’s factory orders posted an unexpected rise in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.2% against the USD and closed at 1.1805, after Germany’s Markit construction PMI fell to a ten-month low level of 53.1 in November, hinting that the nation’s construction … Continue reading

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Trading Signals as per 6-December-2017

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9828 0.9898 USD/JPY BUY Active 111.68 112.38 AUD/USD BUY Active 0.7538 0.7608 EUR/JPY BUY Active 132.28 133.08 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil reverses its losses, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.09% against the USD and closed at USD57.36 per barrel. Meanwhile, the American Petroleum Institute (API) indicated that US crude oil stockpiles fell by 5.5 million barrels … Continue reading

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Silver: White metal trading flat in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.44% against the USD and closed at USD16.12 per ounce. In the Asian session, at GMT0400, the pair is trading at 16.12, with silver trading flat against the USD … Continue reading

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Gold: Yellow metal trading slightly higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.86% against the USD and closed at USD1268.40 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at 1268.70, with … Continue reading

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AUD/USD: Australia’s economic growth slowed more-than-estimated in 3Q 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7606. LME Copper prices declined 2.4% or $162.0/MT to $6645.0/MT. Aluminium prices declined 0.02% or $0.5/MT to $2052.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading flat, ahead of BoC’s monetary policy decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2695. On the data front, Canada’s international merchandise trade deficit narrowed more-than-expected to C$1.47 billion in October, following a revised deficit … Continue reading

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USD/CHF: Swiss Franc trading a tad higher, ahead of Swiss inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9873. In the Asian session, at GMT0400, the pair is trading at 0.9869, with the USD trading marginally lower against the … Continue reading

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