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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
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: May 12, 2016
Trading Signals as per 12-May-2016
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9638 0.9718 AUD/USD SELL Active 0.7372 0.7302 USD/JPY SELL Active 109.82 108.82 EUR/JPY BUY Active 123.78 124.78 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 extends its gains in the Asian session
Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24-hour period ending 23:00GMT, closing at 45.92, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly declined by 3.4 million barrels during the … Continue reading
Posted in Crude Oil
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Silver: White metal trading on a weaker footing in the morning session
Silver Movement Silver prices rose 1.66% to USD 17.44 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.35, with the silver trading 0.52% lower … Continue reading
Posted in Silver
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Gold: Yellow metal trading lower this morning
Gold Movement Gold prices traded higher by 0.89% against the USD in the 24-hour period ending 23:00GMT, at 1279.60 per ounce, supported by a broad weakness in the greenback and a slump in global equity markets. In the Asian session, … Continue reading
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AUD/USD: Aussie extends its losses in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7367. LME Copper prices rose 0.81% or $38.0/MT to $4748.0/MT. Aluminium prices rose 1.13% or $17.5/MT to $1560.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading a tad higher, ahead Canada’s new housing price index data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.2857. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a stronger footing in the morning session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the CHF and closed at 0.9708. In the Asian session, at GMT0300, the pair is trading at 0.9706, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading lower, ahead of Japan’s Eco Watchers survey data
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.78% against the JPY and closed at 108.44. In economic news, Japan’s preliminary leading index surprisingly rose to a level of 98.4 in March, compared to a level … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading flat, ahead of the BoE’s interest rate decision
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.07% against the USD and closed at 1.4436, after UK’s industrial and manufacturing production advanced at a less-than-expected pace in March. Data showed that Britain’s industrial production registered … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading flat, ahead of the Euro-zone’s industrial production data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.43% against the USD and closed at 1.1421. In the US, mortgage applications rose 0.4% in the week ended 06 May 2016, its first increase in three weeks, … Continue reading
Posted in EUR/USD
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