GBP/USD: UK’s inflation advanced less-than-estimated in October

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.25% against the USD and closed at 1.2995, amid reports that British Prime Minister, Theresa May, could face no confidence vote. On the macro front, UK’s consumer price … Continue reading

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EUR/USD: Euro-zone’s economy grew at its slowest pace since 2014 in 3Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR remained unchanged against the USD and closed at 1.1316. Data indicated that the Euro-zone’s seasonally adjusted second estimate of gross domestic product (GDP) advanced at its weakest pace in … Continue reading

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Trading Signals as per 14-November-2018

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2778 1.2998 USD/CAD SELL Active 1.3292 1.3202 EUR/JPY SELL Active 129.12 128.02 GBP/CHF BUY Active 1.2966 1.3147 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 reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.73% against the USD and closed at USD55.49 per barrel, led by weak prospects for global economic growth and declining demand for oil. In the Asian session, … Continue reading

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Silver: White metal extends its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.07% against the USD and closed at USD13.98 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.00, with silver … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.17% against the USD and closed at USD1202.80 per ounce, amid weakness in US equities. In the Asian session, at GMT0400, the pair is trading at 1204.30, with gold … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index rose in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.64% against the USD and closed at 0.7222. LME Copper prices rose 0.8% or $46.5/MT to $6130.0/MT. Aluminium prices declined 0.5% or $9.0/MT to $1925.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading slightly lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3231. In the Asian session, at GMT0400, the pair is trading at 1.3236, with the USD trading marginally higher against the … Continue reading

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USD/CHF: Swiss Franc trading a tad lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 1.0066. On the macro front, Switzerland’s producer and import price index advanced 2.3% on an annual basis in October, compared to … Continue reading

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USD/JPY: Japan’s GDP contracted in the 3Q 2018

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 113.78. In the Asian session, at GMT0400, the pair is trading at 113.91, with the USD trading 0.11% higher against the … Continue reading

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GBP/USD: UK’s ILO unemployment rate surprisingly advanced in the three months ended September

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.37% against the USD and closed at 1.3028, amid optimism over a Brexit deal. Data indicated that the UK’s ILO unemployment rate unexpectedly climbed to 4.1% in the … Continue reading

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