Daily Archives: May 18, 2017

Trading Signals as per 18-May-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9832 0.9742 GBP/USD BUY Active 1.2978 1.3078 AUD/USD BUY Active 0.7388 0.7458 USD/CAD SELL Active 1.3702 1.3602 GBP/CHF BUY Active 1.2670 1.2793 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 on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.66% against the USD and closed at USD49.08 per barrel, after the Energy Information Administration (EIA) reported a drop in US crude oil inventories for sixth straight … Continue reading

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Silver: White metal reverses its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.24% against the USD and closed at USD16.91 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.75% against the USD and closed at USD1260.70 per ounce, amid weakness in the greenback following concerns over US political turmoil. Also, a broad decline in global equities boosted … Continue reading

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AUD/USD: Australia’s unemployment rate surprisingly declined to a 4-month low level in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.7433. LME Copper prices declined 0.2% or $9.0/MT to $5575.0/MT. Aluminium prices rose 0.7% or $13.0/MT to $1928.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3584. On the data front, Canada’s manufacturing shipments rebounded 1.0% on a monthly basis in March, falling short of market expectations … Continue reading

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USD/CHF: Swiss Franc trading slightly lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 0.9787. In the Asian session, at GMT0300, the pair is trading at 0.9792, with the USD trading marginally higher against the … Continue reading

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USD/JPY: Japanese economy grew at a faster pace in the first three months of 2017

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.68% against the JPY and closed at 110.92. In the Asian session, at GMT0300, the pair is trading at 111.05, with the USD trading 0.12% higher against the … Continue reading

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GBP/USD: UK’s ILO unemployment rate surprisingly dipped to a more than 4-decade low level in the three months to March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.4% against the USD and closed at 1.2967, after the latest ILO jobs report highlighted continued strength in the UK labour market. Britain’s ILO unemployment rate unexpectedly fell … Continue reading

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EUR/USD: Euro-zone’s annual inflation growth confirmed at 1.9% in April

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.6% against the USD and closed at 1.1160, after the Euro-zone’s final consumer price index (CPI) advanced 1.9% on an annual basis in April, confirming the flash estimates. … Continue reading

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