Daily Archives: May 24, 2016

Trading Signals as per 24-May-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1118 1.1198 USD/CHF SELL Active 0.9972 0.9902 USD/JPY SELL Active 110.12 109.42 NZD/USD BUY Active 0.6685 0.6756 EUR/JPY SELL Active 122.92 122.22 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 API’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices declined 1.81% against the USD for the 24-hour period ending 23:00GMT, closing at 47.83, amid renewed global supply glut concerns as the recent disruptions to crude oil production waned. In the Asian session, at … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement Silver prices declined 0.88% to USD 16.41 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 16.36, with the silver trading 0.27% lower … Continue reading

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Gold: Yellow metal trading on a weaker footing in the morning session

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24-hour period ending 23:00GMT, at 1,250.00 per ounce, extending its three-day losing streak, amid signs that the US Federal Reserve will raise interest rates soon. In the … 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 traded flat against the USD to close at 0.7224. In economic news, Australia’s CB leading index rose 0.1% in March, breaking a run of three consecutive monthly declines. It … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.3138. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.08% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Swiss trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9892. In economic news, Switzerland’s total sight deposits inched up to a level of CHF493.6 billion for the week ended 20 … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.85% against the JPY and closed at 109.25. In economic news, Japan’s final leading index advanced to a level of 99.3 in March, from a preliminary reading of … Continue reading

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GBP/USD: Pound trading higher, ahead of UK’s public sector net borrowing data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.4480. In the Asian session, at GMT0300, the pair is trading at 1.4491, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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EUR/USD: Euro trading a tad lower, ahead of Germany’s final Q1 GDP data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1214, as the Euro-zone’s latest PMI readings signalled few signs of improvement in the region. Data showed that the Euro-zone’s preliminary … Continue reading

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