Monthly Archives: August 2018

Gold: Yellow metal trading on a weaker footing in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1201.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 1197.00, with gold trading 0.37% lower against the … Continue reading

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AUD/USD: Aussie extends its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.7240. LME Copper prices declined 0.4% or $22.0/MT to $6059.0/MT. Aluminium prices declined 0.7% or $14.0/MT to $2038.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.3052. In the Asian session, at GMT0300, the pair is trading at 1.3074, with the USD trading 0.17% higher against the … Continue reading

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USD/CHF: Swiss franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9940. Macroeconomic news indicated that the producer and import price index climbed 3.6% on an annual basis in July, following a … Continue reading

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USD/JPY: Japanese yen trading on a negative footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the JPY and closed at 111.19. In the Asian session, at GMT0300, the pair is trading at 111.32, with the USD trading 0.12% higher against the … Continue reading

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GBP/USD: Britain’s unemployment rate unexpectedly fell to a new 43-year low in 2Q

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.37% against the USD and closed at 1.2720. On the data front, UK’s ILO unemployment rate unexpectedly fell to a rate of 4.0% in the April-June 2018 period, … Continue reading

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EUR/USD: Euro-zone’s 2Q GDP growth revised higher from the initial estimate

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1349. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) advanced 0.4% on a quarterly basis in 2Q … Continue reading

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Trading Signals as per 14-August-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1462 1.1372 USD/CHF SELL Active 0.9952 0.9882 AUD/USD BUY Active 0.7218 0.7262 USD/JPY SELL Active 111.52 110.82 USD/CAD BUY Active 1.3048 1.3128 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 API’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.37% against the USD and closed at USD67.43 per barrel, amid rising crude stockpiles at the US crude delivery hub. In the Asian session, at GMT0300, the … 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 declined 1.67% against the USD and closed at USD15.02 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.05, 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 1.22% against the USD and closed at USD1201.40 per ounce. In the Asian session, at GMT0300, the pair is trading at 1202.60, with gold trading 0.10% higher against the … Continue reading

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