Daily Archives: May 19, 2016

Trading Signals as per 19-May-2016

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4558 1.4708 USD/JPY SELL Active 110.62 109.72 AUD/USD SELL Active 0.7252 0.7172 NZD/USD SELL Active 0.6804 0.6717 EUR/JPY BUY Active 122.48 123.58 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 extends its losses in the Asian session

Crude Oil Movement Crude Oil prices declined 0.99% against the USD for the 24-hour period ending 23:00GMT, closing at 47.97, reversing its two-day rally, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly rose by 1.3 … Continue reading

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Silver: White metal trading on a weaker footing in the morning session

Silver Movement Silver prices declined 2.08% to USD 16.93 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.875, with the silver trading 0.3% lower … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 1.53% against the USD in the 24-hour period ending 23:00GMT, at 1261.00 per ounce, halting a three-day winning streak, amid a broad strength in the greenback, after minutes of the US Federal Reserve’s … Continue reading

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AUD/USD: Australia’s unemployment rate held steady at 5.7% in April, but most of the job added are part-timers

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.24% against the USD to close at 0.7230. LME Copper prices declined 0.72% or $33.5/MT to $4600.5/MT. Aluminium prices declined 0.16% or $2.5/MT to $1529.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD to close at 1.3014, after the US Federal Reserve’s April monetary policy meeting minutes bolstered expectations that the central bank could raise interest rates … Continue reading

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USD/CHF: Swiss Franc trading a tad higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CHF and closed at 0.9875, after the latest US Federal Reserve meeting minutes indicated that the central bank could raise rates as soon as next … Continue reading

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.94% against the JPY and closed at 110.11, after the US Federal Reserve’s April monetary policy meeting minutes indicated that a rate hike in June was on the … Continue reading

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GBP/USD: UK’s unemployment rate held steady at 5.1% during the three months to March 2016

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.01% against the USD and closed at 1.4599, following the release of a mixed UK jobs report. Data showed that the number of people employed in Britain rose … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the ECB’s April monetary policy meeting minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.77% against the USD and closed at 1.1223, after the Euro-zone’s final consumer price index (CPI) reading confirmed that the region fell back into deflation in April. Data … Continue reading

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