Monthly Archives: December 2017

EUR/USD: Euro-zone’s trade surplus declined to a 3-month low in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1756 on Friday, after the Euro-zone’s seasonally adjusted trade surplus narrowed to a three-month low of €19.0 billion in October, amid … Continue reading

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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.58% against the USD and closed at USD57.09 per barrel, lifted by ongoing supply concerns following the shutdown of the Forties Pipeline system in the North Sea. … Continue reading

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Silver: White metal trading a tad lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.84% against the USD and closed at USD15.94 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.93, with silver … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.11% against the USD and closed at USD1255.30 per ounce, surrendering its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1257.00, with gold … Continue reading

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AUD/USD: Aussie Dollar trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.37% against the USD and closed at 0.766. LME Copper prices rose 0.6% or $38.0/MT to $6723.0/MT. Aluminium prices rose 1.0% or $20.0/MT to $2017.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s new housing price index climbed in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.2803. On the data front, Canada’s new housing price index advanced 0.1% MoM in October, compared to a rise of 0.2% … Continue reading

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USD/CHF: SNB left interest rate on hold at -0.75%, lifted its inflation forecast

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9896. Yesterday, the Swiss National Bank (SNB) retained the benchmark interest rate at -0.75% and projected that inflation in Switzerland would … Continue reading

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USD/JPY: Japan’s Tankan big manufacturers’ mood improved to an 11-year high level in the fourth quarter of 2017

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the JPY and closed at 112.38. In the Asian session, at GMT0400, the pair is trading at 112.27, with the USD trading 0.1% lower against the … Continue reading

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GBP/USD: BoE held interest rate steady at 0.50%, stuck to its outlook for modest tightening

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.3424, following better-than-expected retail sales data in the UK. However, gains in the Pound were limited, after the Bank of England … Continue reading

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EUR/USD: ECB kept interest rates at record low, lifted Euro-zone’s growth forecasts

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1767, after the European Central Bank (ECB) boosted the Euro-zone’s 2018 economic growth and inflation forecasts, but stuck with its pledge … Continue reading

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Trading Signals as per 14-December-2017

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9818 0.9888 AUD/USD SELL Active 0.7702 0.7642 GBP/CHF SELL Active 1.3366 1.3231 USD/CAD BUY Active 1.2768 1.2878 NZD/USD BUY Active 0.6961 0.7021 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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