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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 18, 2016
Trading Signals as per 18-May-2016
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1228 1.1288 USD/CHF BUY Active 0.9788 0.9868 EUR/JPY SELL Active 123.92 122.82 NZD/USD BUY Active 0.6738 0.6802 GBP/CHF BUY Active 1.4106 1.4249 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.45, amid a new wildfire threat on Canadian oil supplies. Additionally, the American Petroleum Institute (API) reported that US oil inventories … 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 0.49% to USD 17.29 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 17.23, with the silver trading 0.32% lower … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement Gold prices traded higher by 0.34% against the USD in the 24-hour period ending 23:00GMT, at 1280.60 per ounce, amid a broad slump in global equity markets. Separately, gold holdings in the SPDR Gold Trust, the world’s largest … Continue reading
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AUD/USD: Aussie trading lower this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.45% against the USD to close at 0.7321. LME Copper prices declined 0.14% or $6.5/MT to $4634.0/MT. Aluminium prices rose 0.43% or $6.5/MT to $1532.0/MT. In the Asian … Continue reading
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USD/CAD: Loonie trading on a weaker footing in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD to close at 1.2908, after US consumer prices advanced above expectations in April. In economic news, Canada’s manufacturing shipments fell less-than-anticipated by 0.9% MoM … Continue reading
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USD/CHF: Swiss Franc extends its losses in the morning session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9801, following the release of upbeat US consumer price index data. On the economic front, Switzerland’s producer and import price index … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s economy rebounded sharply in the first quarter
USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 109.09. In the Asian session, at GMT0300, the pair is trading at 109.29, with the USD trading 0.18% higher from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: UK consumer prices growth cooled in April
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.4453. In economic news, UK’s consumer price index (CPI) advanced less-than-expected by 0.1% MoM in April, highlighting the struggle faced by … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower, ahead of the Euro-zone’s consumer price index data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1310. In economic news, the Euro-zone’s seasonally adjusted trade surplus widened to a 3-month high level of €22.3 billion in March, … Continue reading
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