USD/CHF: Switzerland’s SECO Consumer Confidence improved slightly in 4Q 2016

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9739. On the data front, Switzerland’s SECO consumer climate index improved to a level of -13.0 in 4Q 2016, at par … Continue reading

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USD/JPY: Japanese services sector swung back into expansion territory in October

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the JPY and closed at 102.91. In the Asian session, at GMT0400, the pair is trading at 103.04, with the USD trading 0.13% higher against the … Continue reading

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GBP/USD: BoE leaves interest rate unchanged, revises up growth forecasts amid Pound spike

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.32% against the USD and closed at 1.2463, after UK’s High Court ruled that only Parliament could start the process of leaving the European Union, thus raising hopes … Continue reading

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EUR/USD: Euro-zone’s unemployment rate lowest since 2011 in September

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.06% against the USD and closed at 1.1097, after the Euro-zone’s unemployment rate remained unchanged at 10.0% in September, in line with market expectations and hitting its lowest … Continue reading

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Trading Signals as per 3-November-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1142 1.1072 USD/CAD BUY Active 1.3328 1.3408 USD/JPY BUY Active 102.38 103.28 NZD/USD BUY Active 0.726 0.7316 GBP/JPY BUY Active 114.28 115.08 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 in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.51% against the USD and closed at USD45.70 per barrel, after US crude stockpiles recorded the biggest ever rise in a week, thus renewing worries about a … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.93% against the USD and closed at USD18.55, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.62, with the oil trading … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.67% against the USD and closed at USD1298.20 per ounce, as weakness in the US Dollar and a slump in global equity markets, increased the demand for the safe-haven … Continue reading

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AUD/USD: Australia’s trade deficit narrowed to a nearly two-year low level in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose slightly against the USD and closed at 0.7655. Macroeconomic data indicated that, Australia’s AIG performance of services index advanced to a level of 50.5 in October, entering into … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.339. In the Asian session, at GMT0300, the pair is trading at 1.3375, with the USD trading 0.11% lower against the … Continue reading

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s SECO consumer confidence data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.9730. On the data front, Switzerland’s UBS real estate bubble index edged up to a level of 1.35 in 3Q 2016. … Continue reading

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