Monthly Archives: January 2018

AUD/USD: Aussie trading lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.7890. LME Copper prices declined 0.3% or $17.5/MT to $7123.0/MT. Aluminium prices rose 0.9% or $20.0/MT to $2179.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s new house price index rose in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD and closed at 1.2522. In economic news, Canada’s new house price index climbed 0.1% on a monthly basis in November, undershooting market expectations for … Continue reading

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USD/CHF: Swiss Franc trading marginally higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 0.976. In the Asian session, at GMT0400, the pair is trading at 0.9758, with the USD trading a tad lower against … Continue reading

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USD/JPY: Japan’s trade surplus sharply narrowed in November

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 111.27. In the Asian session, at GMT0400, the pair is trading at 111.27, with the USD trading flat against the JPY … Continue reading

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GBP/USD: UK lenders set to further reduce unsecured credit in the first three months of 2018

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.24% against the USD and closed at 1.3539. According to the Bank of England’s (BoE) credit conditions survey, availability of unsecured credit to households decreased again in the … Continue reading

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EUR/USD: Officials may revisit policy guidance soon: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.68% against the USD and closed at 1.2033, after the European Central Bank (ECB) unveiled upbeat minutes from its December policy meeting. Minutes showed that the Governing Council … Continue reading

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Trading Signals as per 11-January-2018

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9748 0.9828 USD/JPY SELL Active 112.12 111.32 AUD/USD BUY Active 0.7828 0.7898 NZD/USD BUY Active 0.7188 0.7252 GBP/CHF SELL Active 1.3246 1.3148 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 in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil slightly declined against the USD and closed at USD63.48 per barrel, amid concerns that the oil market may be overheated. Meanwhile, the Energy Information Administration (EIA) indicated that … Continue reading

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Silver: White metal trading higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.15% against the USD and closed at USD17.00 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.04, 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 rose 0.38% against the USD and closed at USD1317.40 per ounce, as a flagging rally in global equities enticed investors to turn to the precious yellow metal. In the Asian … Continue reading

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AUD/USD: Australia’s retail sales surged by the most since 2013 in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.7844. LME Copper prices rose 0.7% or $48.5/MT to $7140.5/MT. Aluminium prices rose 0.7% or $15.5/MT to $2159.0/MT. In the Asian … Continue reading

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