USD/CAD: Canada’s unemployment rate remained steady at 7.0% in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3402 on Friday. On the data front, Canada’s unemployment rate remained unchanged at 7.0% in October, meeting market expectations. Further, the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of Switzerland’s inflation data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CHF and closed at 0.9685 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9751, with the USD trading 0.68% higher … Continue reading

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USD/JPY: Policymakers admit that more time needed to hit price target: BoJ Minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the JPY and closed at 102.98 on Friday. In the Asian session, at GMT0400, the pair is trading at 104.28, with the USD trading 1.26% higher … Continue reading

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GBP/USD: Pound trading lower in the morning session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.39% against the USD and closed at 1.2511 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2457, with the GBP trading 0.43% lower … Continue reading

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EUR/USD: Euro-zone’s Markit services PMI revised lower in October

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1136 on Friday. In economic news, data showed that Euro-zone’s final services PMI expanded less-than-expected to a level of 52.8 in … Continue reading

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Trading Signals as per 4-November-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1142 1.1072 EUR/JPY BUY Active 113.88 114.58 NZD/USD SELL Active 0.7351 0.7301 GBP/CHF SELL Active 1.2239 1.2083 GBP/USD SELL Active 1.2542 1.2412 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 the Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.21% against the USD and closed at USD44.69, amid renewed supply glut concerns. In the Asian session, at GMT0400, the pair is trading at 44.79, with the … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.97% against the USD and closed at USD18.37. In the Asian session, at GMT0400, the pair is trading at 18.25, with the silver trading 0.65% lower from yesterday’s close. … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.27% against the USD and closed at USD1302.90 per ounce, amid broad weakness in the greenback and a slump in global financial markets. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: RBA upbeat on economy: Meeting minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.33% against the USD and closed at 0.7680. LME Copper prices rose 0.96% or $47.0/MT to $4918/MT. Aluminium prices rose 0.99% or $17.0/MT to $1726.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3395. In the Asian session, at GMT0400, the pair is trading at 1.3398, with the USD trading slightly higher from yesterday’s … Continue reading

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