Monthly Archives: January 2018

USD/JPY: BoJ announced no change to monetary policy, retained its inflation outlook

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 110.95. In the Asian session, at GMT0400, the pair is trading at 110.77, with the USD trading 0.16% lower against the … Continue reading

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GBP/USD: Pound trading a tad lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.79% against the USD and closed at 1.3984, as a more upbeat outlook among investors regarding Brexit negotiations boosted gains in the local currency. Yesterday, the IMF maintained … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of the ZEW economic sentiment survey across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.18% against the USD and closed at 1.2258, following encouraging political developments in Germany, as the Social Democrats (SPD) voted in favour of pursuing coalition talks with Angela … Continue reading

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Trading Signals as per 22-January-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2292 1.2212 GBP/USD BUY Active 1.3808 1.3898 USD/CHF SELL Active 0.9652 0.9582 USD/JPY BUY Active 110.58 111.08 USD/CAD SELL Active 1.2512 1.2462 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 on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.47% against the USD and closed at USD63.45 per ounce on Friday, after the International Energy Agency (IEA), in its monthly report, warned that US oil output … Continue reading

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Silver: White metal reverses its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.56% against the USD and closed at USD17.07 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.01, … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1334.30 per ounce on Friday, as threat of a possible US government shutdown spurred demand for the safe-haven metal. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.8002 on Friday. LME Copper prices rose 0.5% or $32.0/MT to $7079.0/MT. Aluminium prices rose 1.4% or $31.0/MT to $2256.0/MT. In … Continue reading

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USD/CAD: Canada’s manufacturing sales surged by the most in over 2 years in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.6% against the CAD and closed at 1.2483 on Friday. On the economic front, Canada’s manufacturing shipments rebounded 3.4% on a monthly basis in November, posting its biggest … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9620 on Friday. On the macro front, Switzerland’s producer and import price index rose 0.2% MoM in December, after recording a … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the JPY and closed at 110.60 on Friday. In the Asian session, at GMT0400, the pair is trading at 110.79, with the USD trading 0.17% higher … Continue reading

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