Daily Archives: May 23, 2016

Trading Signals as per 23-May-2016

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.4532 1.4442 USD/JPY SELL Active 110.02 109.12 USD/CAD SELL Active 1.3212 1.3112 EUR/JPY SELL Active 123.22 122.32 NZD/USD SELL Active 0.6813 0.6756 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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USD/JPY: Japan’s merchandise trade surplus expanded in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 110.14. In the Asian session, at GMT0300, the pair is trading at 109.79, with the USD trading 0.32% lower from Friday’s … Continue reading

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Crude Oil: Oil trading on a weaker footing in the morning session

Crude Oil Movement Crude Oil prices advanced 0.58% against the USD for the 24-hour period ending 23:00GMT, closing at 48.71, extending its previous session gains. Separately, Baker Hughes, reported that the US oil rig count remained steady at a level … Continue reading

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Silver: White metal trading lower this morning

Silver Movement Silver prices traded flat against the USD at 16.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.53, with the silver trading 0.09% lower from Friday’s close. … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24-hour period ending 23:00GMT, at 1,253.20 per ounce, extending its two-day slide, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7223. LME Copper prices rose 0.75% or $34.5/MT to $4630.5/MT. Aluminium prices rose 1.50% or $23.0/MT to $1559.0/MT. In the Asian … Continue reading

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USD/CAD: Canadian retail sales dropped in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.3121. The Canadian Dollar lost ground, after the country’s retail sales declined more-than-expected by 1.0% MoM in March, mainly led by … Continue reading

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USD/CHF: Swiss Franc reverses its losses in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9905. In the Asian session, at GMT0300, the pair is trading at 0.9896, with the USD trading 0.09% lower from Friday’s … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.78% against the USD and closed at 1.4486. In economic news, UK’s CBI industrial trends orders unexpectedly rose to a five-month high level of -8.0 in May, compared … Continue reading

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EUR/USD: Euro trading higher, ahead of the Markit manufacturing and services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1214, after the Euro-zone’s seasonally adjusted current account surplus widened to a four-month high level of €27.3 billion in March, from … Continue reading

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