Daily Archives: May 16, 2018

Trading Signals as per 16-May-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1768 1.1858 USD/JPY BUY Active 109.88 110.38 NZD/USD BUY Active 0.6851 0.6909 GBP/CHF SELL Active 1.3633 1.3522 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil reverses its losses in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.21% against the USD and closed at USD70.95 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly rose by 4.9 million … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.57% against the USD and closed at USD16.29 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.30, with silver … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.72% against the USD and closed at USD1291.00 per ounce, amid a broad strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence eased in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.74% against the USD and closed at 0.7470. LME Copper prices declined 0.08% or $5.5/MT to $6822.5/MT. Aluminium prices rose 1.2% or $27.5/MT to $2313.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s existing home sales surprisingly declined to a 5-year low in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2874. The Canadian Dollar declined against the USD, after Canada’s existing home sales unexpectedly dropped 2.9% on a monthly basis in … Continue reading

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USD/CHF: Switzerland’s producer & import prices rebounded in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 1.0009. On the data front, Switzerland producer and import price index rose 0.4% on a monthly basis in April, after registering … Continue reading

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USD/JPY: Japan’s economy surprisingly contracted in the first three months of 2018

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 110.25. In the Asian session, at GMT0300, the pair is trading at 110.26, with the USD trading slightly higher against the … Continue reading

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GBP/USD: UK’s ILO unemployment remained steady at a 42 year low in the three months to March, wage growth slows in the same period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.3501, after fresh figures pointed to a slowdown in UK’s wage growth. On the macro front, Britain’s ILO unemployment rate remained … Continue reading

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EUR/USD: GDP growth across the Euro-bloc slowed in the first quarter of 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.89% against the USD and closed at 1.1824, following downbeat GDP figures across the Euro-zone. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose … Continue reading

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