Monthly Archives: March 2017

USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3354. In the Asian session, at GMT0400, the pair is trading at 1.3366, with the USD trading 0.09% higher against the … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9932. In the Asian session, at GMT0400, the pair is trading at 0.9954, with the USD trading 0.22% higher against the … Continue reading

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USD/JPY: Japan’s flash Nikkei manufacturing PMI declined to a 3-month low level in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 111.02. In the Asian session, at GMT0400, the pair is trading at 111.28, with the USD trading 0.23% higher against the … Continue reading

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GBP/USD: UK’s retail sales sharply rebounded in February

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.34% against the USD and closed at 1.2516, on upbeat British retail sales data. Data revealed that Britain’s retail sales rebounded more-than-anticipated by 1.4% on a monthly basis … Continue reading

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EUR/USD: Economic recovery in the Euro-zone steadily firming: ECB economic bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0780. In economic news, the Euro-zone’s flash consumer confidence index improved more-than-anticipated to a level of -5.0 in March, compared to … Continue reading

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Trading Signals as per 23-March-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0758 1.0818 USD/CHF BUY Active 0.9898 0.9958 GBP/USD SELL Active 1.2542 1.2462 NZD/USD SELL Active 0.7089 0.7033 GBP/CHF BUY Active 1.2324 1.245 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 on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.29% against the USD and closed at USD48.21 per barrel. However, gains in crude prices were trimmed after the Energy Information Administration (EIA) reported that US crude … Continue reading

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Silver: White metal trading flat in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD17.55 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.55, with the silver trading flat against the … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.47% against the USD and closed at USD1251.20 per ounce, as risk aversion increased on uncertainty over the economic policies of US President, Donald Trump. In the Asian session, … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.7669. LME Copper prices declined 0.9% or $53.5/MT to $5712.0/MT. Aluminium prices declined 0.4% or $8.0/MT to $1910.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD and closed at 1.3331. In the Asian session, at GMT0400, the pair is trading at 1.3321, with the USD trading 0.08% lower against the … Continue reading

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