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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at USD49.33 per barrel, after the Energy Information Administration (EIA) disclosed that US crude oil inventories fell more-than-anticipated by 3.64 million … Continue reading

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Silver: White metal reverses its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.79% against the USD and closed at USD17.49 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.51, with the white metal trading 0.11% higher … Continue reading

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Gold: Yellow metal trading lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.47% against the USD and closed at USD1270.50 per ounce, as the much-awaited tax reform announcement from the US President, Donald Trump, disappointed investors and boosted gold prices. In … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.85% against the USD and closed at 0.7474. LME Copper prices rose 0.4% or $25.0/MT to $5677.5/MT. Aluminium prices rose 0.8% or $14.5/MT to $1957.5/MT. In the Asian … Continue reading

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USD/CAD: Canadian retail sales surprisingly declined in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3615. The Canadian Dollar lost ground, on reports that the US is considering withdrawal from the North American Free Trade Agreement … Continue reading

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USD/CHF: Swiss ZEW expectations index declined in April

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CHF and closed at 0.993. Macroeconomic data showed that Switzerland’s ZEW economic expectations index fell to a level of 22.2 in April, following a reading … Continue reading

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USD/JPY: BoJ keeps monetary policy unchanged, upgrades economic outlook

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 111.20. On the macro front, Japan’s small business confidence index dropped more-than-anticipated to a level of 48.6 in April, compared to … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.18% against the USD and closed at 1.2853. In the Asian session, at GMT0300, the pair is trading at 1.2861, with the GBP trading 0.06% higher against the … Continue reading

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EUR/USD: Euro trading marginally higher, ahead of ECB’s monetary policy decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.0907. On the economic front, French consumer confidence index remained steady at a level of 100.0 in April, meeting market expectations. … Continue reading

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Trading Signals as per 26-April-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0828 1.0918 USD/CHF BUY Active 0.9898 0.9968 GBP/CHF SELL Active 1.2807 1.2713 NZD/USD BUY Active 0.6856 0.6920 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 trading higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil marginally rose against the USD and closed at USD49.30 per barrel. Gains in crude prices were trimmed after the American Petroleum Institute (API) disclosed that US crude oil … Continue reading

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