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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
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Daily Archives: February 7, 2018
Trading Signals as per 07-February-2018
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2268 1.2398 USD/CHF SELL Active 0.9472 0.9362 USD/CAD BUY Active 1.2448 1.2558 NZD/USD BUY Active 0.7260 0.7345 GBP/CHF SELL Active 1.3134 1.2984 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 flat in the Asian session, ahead of EIA’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD63.91 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories fell by 1.1 million barrels … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a stronger footing this morning
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.54% against the USD and closed at USD16.63 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.68, with silver … Continue reading
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Gold: Yellow metal reverses its losses in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.54% against the USD and closed at USD1326.90 per ounce, as a sharp rally in US equities increased the risk appetite of investors. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Australia’s construction sector activity accelerated in January
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.44% against the USD and closed at 0.7904. LME Copper prices rose 0.1% or $10.0/MT to $7060.0/MT. Aluminium prices declined 0.3% or $6.0/MT to $2196.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s Ivey–PMI declined in January, international merchandise trade deficit unexpectedly widened in December
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2498. In economic news, Canada’s seasonally adjusted Ivey–PMI fell to a level of 55.2 in January, compared to a reading of … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a stronger footing this morning
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9361. In the Asian session, at GMT0400, the pair is trading at 0.9355, with the USD trading 0.06% lower against the … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen reverses its losses in the morning session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.89% against the JPY and closed at 109.70. In the Asian session, at GMT0400, the pair is trading at 109.33, with the USD trading 0.34% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading marginally higher this morning
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.3954. In the Asian session, at GMT0400, the pair is trading at 1.3960, with the GBP trading a tad higher against … Continue reading
Posted in GBP/USD
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EUR/USD: Germany’s factory orders soared to a 4-month high level in December
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.2380, following a pair of upbeat economic releases in Germany. Data revealed that Germany’s seasonally adjusted factory orders rebounded more-than-anticipated by … Continue reading
Posted in EUR/USD
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