Monthly Archives: September 2018

GBP/USD: Britain’s economy expanded at a faster than expected pace in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.80% against the USD and closed at 1.3028, after the European Union’s Chief Brexit Negotiator, Michel Barnier raised hopes for a smooth Brexit with an ‘realistic’ departure agreement … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence weakened in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1595. In the economic news, the Euro-zone’s Sentix investor confidence index slid to a level of 12.0 in September, compared to … Continue reading

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Trading Signals as per 10-September-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1602 1.1542 USD/CHF BUY Active 0.9678 0.9728 GBP/USD SELL Active 1.2992 1.2902 USD/CAD SELL Active 1.3222 1.3142 AUD/USD BUY Active 0.7088 0.7138 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 reverses its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined marginally against the USD and closed at USD67.87 per barrel on Friday. Fresh figures from Baker Hughes disclosed that the number of active oil rigs declined by … Continue reading

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Silver: White metal trading lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined slightly against the USD and closed at USD14.20 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.14, … Continue reading

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Gold: Yellow metal extends its losses in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.37% against the USD and closed at USD1201.40 per ounce on Friday, amid broad strength in the US dollar, following upbeat jobs data. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.31% against the USD and closed at 0.7106 on Friday. LME Copper prices declined 0.96% or $57.0/MT to $5883.0/MT. Aluminium prices declined 0.02% or $0.5/MT to $2030.0/MT. In … Continue reading

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USD/CAD: Canada’s jobless rate advanced more-than-estimated in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3180 on Friday. The Canadian dollar weakened against the US dollar, following disappointing Canada’s jobs data. Macroeconomic data revealed that, Canada’s … Continue reading

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USD/CHF: Switzerland’s unemployment rate remained steady in August

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CHF and closed at 0.9687 on Friday. In the economic news, Switzerland’s seasonally adjusted unemployment rate remained unchanged at a rate of 2.6% in August, … Continue reading

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USD/JPY: Japan’s economy advanced at its strongest pace since 2016 in 2Q 2018

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the JPY and closed at 110.97 on Friday. On the data front, Japan’s preliminary leading economic index eased to a level of 103.5 in July, meeting … Continue reading

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GBP/USD: Sterling trading slightly lower, ahead of crucial economic data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.05% against the USD and closed at 1.2923 on Friday. On the macro front, Halifax house price index advanced 3.7% in the three months to June-August 2018, at … Continue reading

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