Monthly Archives: December 2017

USD/JPY: Japanese Yen trading a tad lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 112.87. On the macro front, Japan’s final machine tool orders advanced 46.8% on an annual basis in November, revised lower from … Continue reading

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GBP/USD: Pound trading higher in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3387. In the Asian session, at GMT0400, the pair is trading at 1.3396, with the GBP trading 0.07% higher against the … Continue reading

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EUR/USD: German Ifo business confidence deteriorated in December, amid political impasse

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1841, shrugging off downbeat economic releases across the Euro-zone. Data showed that the Euro-zone’s seasonally adjusted construction output slid 0.4% on … Continue reading

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Trading Signals as per 19-December-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9882 0.9832 GBP/USD SELL Active 1.3432 1.3352 USD/CAD BUY Active 1.2818 1.2878 NZD/USD SELL Active 0.7041 0.6991 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 trading on a stronger footing this morning, ahead of the API oil inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.35% against the USD and closed at USD57.16 per barrel, as concerns about rising US crude production offset support from the Forties pipeline shutdown in the … Continue reading

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Silver: White metal trading lower this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.59% against the USD and closed at USD16.18 per ounce, tracking gains in bullion prices. In the Asian session, at GMT0400, the pair is trading at 16.165, with silver … Continue reading

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Gold: Yellow metal trading marginally lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, the yellow metal rose 0.61% against the USD and closed at USD1265.10 per ounce, buoyed by weakness in the greenback. In the Asian session, at GMT0400, the pair is trading at … Continue reading

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AUD/USD: RBA more confident about the economic outlook, but remained worried about consumer spending: RBA Minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.12% against the USD and closed at 0.7668. LME Copper prices rose 1.6% or $108.5/MT to $6844.0/MT. Aluminium prices gained 0.6% or $11.5/MT to $2047.5/MT. The Reserve Bank … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.2869. In the Asian session, at GMT0400, the pair is trading at 1.2867, with the USD trading marginally lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading marginally higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9862. Data showed that Switzerland’s total sight deposits declined to CHF575.4 billion in the week ended 15 December from a level … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 112.57. In the Asian session, at GMT0400, the pair is trading at 112.63, with the USD trading 0.05% higher from yesterday’s … Continue reading

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