Monthly Archives: January 2018

Gold: Yellow metal trading higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.25% against the USD and closed at USD1338.90 per ounce on Friday, amid a broad weakness in the greenback. In the Asian session, at GMT0400, the pair is trading … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.29% against the USD and closed at 0.7913 on Friday. LME Copper prices declined 0.7% or $52.5/MT to $7070.5/MT. Aluminium prices rose 1.7% or $36.0/MT to $2215.0/MT. In … Continue reading

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USD/CAD: Loonie extends its gains, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2485. On the macro front, Canada’s Teranet/National Bank house price index rebounded 0.2% on a monthly basis in December. In the … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CHF and closed at 0.9688 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9671, with the USD trading 0.18% lower … Continue reading

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USD/JPY: BoJ to keep its massive stimulus programme intact: Haruhiko Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 111.03 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.76, with the USD trading 0.24% lower … Continue reading

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GBP/USD: Pound trading a tad higher in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.43% against the USD and closed at 1.3732 on Friday, triggered by reports that Spanish and Dutch Finance Ministers have agreed to work together to push for a … Continue reading

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EUR/USD: German leaders agreed on new coalition talks

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.21% against the USD and closed at 1.2179 on Friday, following news that German Chancellor, Angela Merkel’s conservative CDU party has reached an initial deal with Martin Schulz’s … Continue reading

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Trading Signals as per 12-January-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2058 1.2158 GBP/USD SELL Active 1.3712 1.3592 AUD/USD SELL Active 0.7912 0.7862 USD/CAD BUY Active 1.2448 1.2568 USD/JPY BUY Active 110.68 111.38 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 a tad higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD63.58 per barrel, amid improved outlook, as production cuts by OPEC and rising global demand continue to whittle away a … 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 traded flat against the USD and closed at USD17.00 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.11, with silver trading 0.62% higher against the … 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 rose 0.39% against the USD and closed at USD1323.00 per ounce, as weakness in the greenback increased demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading

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