Monthly Archives: February 2018

USD/CAD: Canada’s housing starts slightly declined in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.2595. On the data front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 216.2K in January, compared to … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Swiss unemployment rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CHF and closed at 0.9360. In the Asian session, at GMT0400, the pair is trading at 0.9377, with the USD trading 0.18% higher against the … Continue reading

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USD/JPY: Japan’s tertiary industry index unexpectedly declined in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the JPY and closed at 108.73. In the Asian session, at GMT0400, the pair is trading at 108.97, with the USD trading 0.22% higher against the … Continue reading

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GBP/USD: BoE left the key interest rate unchanged at 0.50%, signalled at sooner and sharper rise in interest rates

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.19% against the USD and closed at 1.3923, after the Bank of England (BoE) lifted UK’s economic growth forecasts and hinted at rapid monetary policy tightening. The BoE, … Continue reading

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EUR/USD: Robust growth expected to continue in the near term: ECB economic bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.2249. Yesterday, the European Central Bank (ECB), in its latest economic bulletin report, stated that the Euro-zone economy is expected to … Continue reading

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Trading Signals as per 08-February-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2208 1.2318 GBP/USD SELL Active 1.3992 1.3862 USD/CAD BUY Active 1.2538 1.2628 EUR/JPY BUY Active 133.58 134.88 NZD/USD SELL Active 0.7262 0.7173 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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AUD/USD: Aussie trading marginally higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.94% against the USD and closed at 0.7815. LME Copper prices declined 0.8% or $54.0/MT to $7006.0/MT. Aluminium prices declined 0.7% or $14.5/MT to $2181.5/MT. In the Asian … Continue reading

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USD/CHF: Swiss Franc trading a tad higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.86% against the CHF and closed at 0.9435. In the Asian session, at GMT0400, the pair is trading at 0.9440, with the USD trading marginally higher against the … Continue reading

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USD/JPY: Japan’s trade surplus widened above expectations in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the JPY and closed at 109.37. In the Asian session, at GMT0400, the pair is trading at 109.37, with the USD trading flat against the JPY … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.61% against the USD and closed at USD61.65 per barrel, after data indicated a rise in US crude oil inventories and record high domestic crude production. The … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.27% against the USD and closed at USD16.34 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.26, with silver … Continue reading

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