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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: May 20, 2015
Trading Signals as per 20-May-2015
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1158 AUD/USD SELL Active 0.7932 0.7862 NZD/USD BUY Active 0.7288 0.7378 GBP/USD BUY Active 1.5418 1.5578 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading
Posted in Trading Signals, Uncategorized
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USD/JPY: Japan’s Q1 GDP grew faster than expected
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 120.67. In the Asian session, at GMT0300, the pair is trading at 120.91, with the USD trading 0.19% higher from yesterday’s … Continue reading
Posted in USD/JPY
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Crude Oil: Oil trading higher ahead of the EIA’s weekly crude oil data
Crude Oil Movement Crude Oil prices declined 1.95% against the USD for the 24 hour period ending 23:00GMT, closing at 58.36, after Saudi Arabia’s Oil Minister, Ali al-Naimi mentioned that the nation exported nearly 8 million barrels per day (bpd) … Continue reading
Posted in Crude Oil
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Silver: White metal extends its losses in the Asian session
Silver Movement Silver prices declined 3.53% to USD 17.10 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.08, with the silver trading 0.12% lower … Continue reading
Posted in Silver
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Gold: Yellow metal trading marginally higher this morning
Gold Movement Gold prices traded lower by 1.35% against the USD in the 24 hour period ending 23:00GMT, at 1208.40 per ounce, as the greenback traded higher against its major peers, after the US housing data figures surpassed market forecasts, … Continue reading
Posted in Gold
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AUD/USD: Aussie trading higher in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.7917. LME Copper prices declined 1.77% or $113.0/MT to $6270.0/MT. Aluminium prices declined 2.51% or $45.0/MT to $1750.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading on a stronger footing this morning
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD to close at 1.2231. Yesterday, the BoC Governor, Stephen Poloz, reiterated that the Canadian economy was gradually recovering and is headed in the right … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s ZEW data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.20% against the CHF and closed at 0.9371. Yesterday, the SNB’s Vice-Chairman, Jean-Pierre Danthine, mentioned that the central bank is aware of the risks posed by negative interest … Continue reading
Posted in USD/CHF
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GBP/USD: Britain’s inflation dived into deflation
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.95% against the USD and closed at 1.5512, as the UK’s inflation entered into negative territory for the first time since 1960 in April. Data showed that the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading on a weaker footing in the Asian session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.52% against the USD and closed at 1.1147, mainly because of dovish comments from the ECB official along with Germany’s disappointing ZEW survey data. Yesterday, ECB’s Executive Board … Continue reading
Posted in EUR/USD
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