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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 20, 2016
Trading Signals as per 20-May-2016
Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.4642 1.4512 USD/JPY SELL Active 110.72 110.02 AUD/USD SELL Active 0.7272 0.7212 NZD/USD SELL Active 0.6806 0.6746 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading
Posted in Trading Signals, Uncategorized
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Crude Oil: Oil trading above its MA’s
Crude Oil Movement Crude Oil prices advanced 0.96% against the USD for the 24-hour period ending 23:00GMT, closing at 48.43, reversing its previous session losses, amid concerns about Canadian and Nigerian oil supply outages. In the Asian session, at GMT0300, … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower this morning
Silver Movement Silver prices declined 2.25% to USD 16.55 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 16.56, with the silver trading 0.06% lower … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a weaker footing in the morning session
Gold Movement Gold prices traded lower by 0.25% against the USD in the 24-hour period ending 23:00GMT, at 1257.80 per ounce, extending its previous session losses, amid a broad strength in the greenback. In the Asian session, at GMT0300, the … Continue reading
Posted in Gold
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AUD/USD: Aussie reverses its losses in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.06% against the USD to close at 0.7226. LME Copper prices declined 0.10% or $4.5/MT to $4596.0/MT. Aluminium prices rose 0.42% or $6.5/MT to $1536.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading a tad higher, ahead of Canada’s consumer price index data for April
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.3083. In economic news, Canada’s wholesale sales declined more-than-expected by 1.0% MoM in March, falling for the second consecutive month, mainly … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 0.9904. In the Asian session, at GMT0300, the pair is trading at 0.9907, with the USD trading marginally higher from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 109.92. In economic news, Japan’s final machine tool orders declined by 26.3% YoY in April, following a 21.2% drop in the … Continue reading
Posted in USD/JPY
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GBP/USD: UK retail sales bounced back strongly in April
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally rose against the USD and closed at 1.4600, after UK’s retail sales rebounded above expectations in April. Data showed that retails sales in Britain rose 1.5% MoM in … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading a tad higher, ahead of Germany’s producer price index data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.20% against the USD and closed at 1.1200, after the Euro-zone’s seasonally adjusted construction output declined 0.9%, falling for the second consecutive month and following a 0.6% revised … Continue reading
Posted in EUR/USD
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