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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: May 17, 2016
Trading Signals as per 17-May-2016
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1308 1.1358 USD/JPY SELL Active 110.02 109.32 EUR/JPY SELL Active 124.42 123.82 NZD/USD BUY Active 0.6769 0.6825 GBP/CHF SELL Active 1.4266 1.4128 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 API’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices advanced 3.26% against the USD for the 24-hour period ending 23:00GMT, closing at 47.88, reaching a six-month high level, as supply disruptions in Nigeria, Africa’s largest oil producer, led to speculation that it would … Continue reading
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Silver: White metal extends its gains in the Asian session
Silver Movement Silver prices rose 0.41% to USD 17.20 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.28, with the silver trading 0.44% higher … Continue reading
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Gold: Yellow metal trading on a stronger footing in the morning session
Gold Movement Gold prices traded higher by 0.15% against the USD in the 24-hour period ending 23:00GMT, at 1276.20 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1281.20, with the … Continue reading
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AUD/USD: RBA minutes indicated that broad-based inflation weakness inspired rate cut
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7288. LME Copper prices declined 0.42% or $19.5/MT to $4640.5/MT. Aluminium prices declined 0.23% or $3.5/MT to $1525.5/MT. In the Asian … Continue reading
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USD/CAD: Loonie extends its gains in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.2894. The Canadian dollar gained ground, after Canada’s existing home sales advanced 3.1% MoM in April, following a 1.5% rise in … Continue reading
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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9774. In the Asian session, at GMT0300, the pair is trading at 0.9770, with the USD trading marginally lower from yesterday’s … Continue reading
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USD/JPY: Japan’s final industrial production rose in March
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 109.04. In economic news, Japan’s preliminary machine tool orders declined further by 26.4% YoY in April, following a 21.2% fall in … Continue reading
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GBP/USD: Pound trading higher, ahead of UK’s consumer price index data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.4410. However, the Pound is under immense pressure amid fears surrounding the UK referendum on EU membership In the Asian session, … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher, ahead of the Euro-zone’s trade balance data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1313. In the US, the NAHB housing market index remained steady for the fourth consecutive month at a level of 58.0 … Continue reading
Posted in EUR/USD
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