Daily Archives: June 1, 2017

Trading Signals as per 01-June-2017

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2788 1.2908 AUD/USD SELL Active 0.7442 0.7382 USD/CAD SELL Active 1.3552 1.3462 USD/JPY BUY Active 110.68 111.38 GBP/CHF SELL Active 1.2508 1.2404 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading higher in the morning session, ahead of EIA’s inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.74% against the USD and closed at USD48.70 per barrel, on news that Libya had boosted its production to a three-year high of 827,000 barrels a day, … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.2% against the USD and closed at USD17.32 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.33, with the silver trading 0.06% higher from … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.5% against the USD and closed at USD1271.00, per ounce, as softer economic data in the US spurred demand for the precious yellow metal. In the Asian session, at … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australia’s manufacturing sector activity slowed in May, retail sales jumped the most since 2014 in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7425. LME Copper prices rose 0.1% or $7.5/MT to $5615.5/MT. Aluminium prices declined 1.2% or $24.0/MT to $1919.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Canadian economic growth accelerated in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3497. On the data front, Canada gross domestic product (GDP) expanded more-than-estimated by 0.5% MoM in March, driven by higher consumer … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss ZEW economic sentiment index advanced in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CHF and closed at 0.9679. Macroeconomic data indicated that Switzerland’s ZEW economic expectations index registered a rise to a level of 30.8 in May, after … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese manufacturing sector growth revised upwards to a 3-month high level in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 110.79. On the economic front, Japan’s small business confidence index climbed to a level of 48.9 in May, compared to a … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s mortgage approvals dipped to a 7-month low level in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.52% against the USD and closed at 1.2873. On the data front, number of mortgage approvals for house purchases in the UK unexpectedly eased to a level of … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s annual inflation slipped to a 5-month low in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1242, as investors brushed off downbeat inflation data from the Euro-zone. Data showed that the flash consumer price index in the … Continue reading

Posted in EUR/USD | Comments Off