Monthly Archives: February 2018

Silver: White metal reverses its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.3% against the USD and closed at USD16.58 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.73, with silver … Continue reading

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Gold: Yellow metal trading higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.1% against the USD and closed at USD1330.70 per ounce, amid a rally in US equity markets. In the Asian session, at GMT0400, the pair is trading at 1338.50, … 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 slightly rose against the USD and closed at 0.7837 on Friday. LME Copper prices rose 0.6% or $41.5/MT to $7073.5/MT. Aluminium prices rose 0.7% or $16.0/MT to $2210.0/MT. In … Continue reading

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USD/CAD: Canada’s annual inflation climbed above expectations in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.47% against the CAD and closed at 1.2654 on Friday. The Canadian Dollar gained ground against the USD on Friday, after Canada’s consumer price index (CPI) rose more-than-estimated … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9360 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9345, with the USD trading 0.16% lower … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the JPY and closed at 106.71 on Friday. In the Asian session, at GMT0400, the pair is trading at 106.56, with the USD trading 0.14% lower … Continue reading

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GBP/USD: Pound rises on hopes for a post-Brexit UK-EU trade deal

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.3969 on Friday, amid renewed hopes of a softer Brexit, following reports that the 11-member Brexit cabinet committee reached an agreement … Continue reading

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EUR/USD: Euro-zone’s annual inflation slowed as initially estimated in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.2298 on Friday, after data confirmed that annual inflation in the Euro-zone slowed in January. The Euro-zone’s final consumer price index … Continue reading

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Trading Signals as per 23-February-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2248 1.2358 USD/CHF BUY Active 0.9288 0.9368 USD/JPY SELL Active 107.52 106.42 USD/CAD BUY Active 1.2658 1.2738 AUD/USD SELL Active 0.7852 0.7792 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 higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.67% against the USD and closed at USD62.64 per barrel, following an unexpected decline in US crude oil stockpiles. The Energy Information Administration (EIA) indicated that US … 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 1.06% against the USD and closed at USD16.66 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.61, with silver … Continue reading

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