Monthly Archives: September 2018

EUR/USD: Euro-zone’s economy expanded as anticipated in 2Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1560 on Friday. Data showed that, Euro-zone’s seasonally adjusted final gross domestic product (GDP) jumped 0.4% on a quarterly basis in … Continue reading

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Trading Signals as per 07-September-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1682 1.1622 GBP/USD SELL Active 1.2982 1.2902 AUD/USD BUY Active 0.7118 0.7168 NZD/USD BUY Active 0.6547 0.6597 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.09% against the USD and closed at USD67.89 per barrel, amid worries over a potential decline in global demand. Meanwhile, the Energy Information Administration reported that domestic … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.21% against the USD and closed at USD14.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.21, with silver trading 0.07% higher against the … Continue reading

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

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.27% against the USD and closed at USD1205.60 per ounce, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at 1207.70, with … Continue reading

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AUD/USD: Aussie trading lower in the Asian session.

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.10% against the USD and closed at 0.7200. LME Copper prices rose 1.5% or $90.0/MT to $5940.0/MT. Aluminium prices declined 0.8% or $15.5/MT to $2030.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s building permits unexpectedly dropped in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3152. On the data front, Canada’s building permits unexpectedly eased 0.1% on a monthly basis in July, defying market expectations for … Continue reading

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USD/CHF: Switzerland’s economy expanded more-than-estimated in 2Q 2018

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CHF and closed at 0.9651. Data showed that Switzerland’s gross domestic product (GDP) advanced 3.4% on a yearly basis in 2Q 2018, boosting expectations for … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the JPY and closed at 110.67. In the Asian session, at GMT0300, the pair is trading at 110.58, with the USD trading 0.08% lower against the … Continue reading

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GBP/USD: Sterling trading a tad lower in the morning session.

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.2929. In the Asian session, at GMT0300, the pair is trading at 1.2924, with the GBP trading slightly lower against the … Continue reading

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EUR/USD: German factory orders declined in July, on trade worries

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1625. Macroeconomic data showed that Germany’s seasonally adjusted factory orders unexpectedly eased 0.9% on a monthly basis in July, weighed down … Continue reading

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