Daily Archives: May 5, 2017

Trading Signals as per 5-May-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1032 1.0962 GBP/USD BUY Active 1.2868 1.2948 USD/CAD SELL Active 1.3822 1.3762 EUR/JPY BUY Active 122.78 123.58 NZD/USD SELL Active 0.6914 0.6864 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 lower, ahead of Baker Hughes rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.39% against the USD and closed at USD45.55 per barrel, pressured by enduring concerns over global supply glut. In the Asian session, at GMT0300, the pair is … Continue reading

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Silver: White metal extends its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.76% against the USD and closed at USD16.36 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.355, with the … Continue reading

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Gold: Yellow metal trading tad lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.73% against the USD and closed at USD1229.00 per ounce, as increased odds of a June interest rate hike by the Fed dented demand for the precious yellow metal. … Continue reading

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AUD/USD: RBA upbeat on long-term outlook, warns that low wages a risk to the economy

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7408. LME Copper prices declined 1.7% or $93.5/MT to $5543.0/MT. Aluminium prices declined 0.3% or $6.5/MT to $1909.5/MT. In the Asian … Continue reading

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USD/CAD: Canada’s trade deficit sharply narrowed in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3751. On the macro front, Canada’s international merchandise trade deficit narrowed more-than-anticipated to a level C$0.14 billion in March, amid a … Continue reading

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USD/CHF: Swiss SECO consumer sentiment surprisingly fell in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.83% against the CHF and closed at 0.9859. In economic news, Switzerland’s SECO consumer confidence index unexpectedly fell to a level of -8.0 in April, compared to a … Continue reading

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USD/JPY: Japanese Yen trading a tad lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the JPY and closed at 112.50. In the Asian session, at GMT0300, the pair is trading at 112.56, with the USD trading marginally higher against the … Continue reading

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GBP/USD: UK’s services sector unexpectedly expanded to a 4-month high level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.41% against the USD and closed at 1.2921, after data showed a robust performance in UK’s services sector. UK’s Markit services PMI unexpectedly advanced to a four-month high … Continue reading

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EUR/USD: Euro-zone’s services sector expanded to a 6-year high level in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.0980, amid expectations that the centrist candidate, Emmanuel Macron, will win the second and final round of French presidential election, scheduled … Continue reading

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