Monthly Archives: April 2017

Gold: Yellow metal reverses its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.12% against the USD and closed at USD1258.30 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1256.80, with the … Continue reading

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AUD/USD: Australia’s services sector back in expansion territory in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.49% against the USD and closed at 0.7565. LME Copper prices declined 1.6% or $92.5/MT to $5724.5/MT. Aluminium prices declined 0.5% or $10.5/MT to $1938.0/MT. In the Asian … Continue reading

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USD/CAD: Canada posts a surprise trade deficit in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.3397. The Canadian Dollar lost ground, after Canada surprisingly posted an international merchandise trade deficit of C$0.97 billion in February, following … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 1.0015. In the Asian session, at GMT0300, the pair is trading at 1.0023, with the USD trading 0.08% higher against the … Continue reading

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USD/JPY: Japan’s service sector growth expanded at strongest pace in 19 months in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 110.82. In the Asian session, at GMT0300, the pair is trading at 110.70, with the USD trading 0.11% lower against the … Continue reading

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GBP/USD: UK’s construction sector growth cools in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.38% against the USD and closed at 1.2436, after data showed that British construction sector lost momentum last month. UK’s Markit construction PMI unexpectedly fell to a level … Continue reading

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EUR/USD: Euro-zone’s retail sales surged for a second consecutive month in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.0679, following the release of upbeat retail sales data. The Euro-zone’s seasonally adjusted retail sales rose more-than-expected by 0.7% MoM in … Continue reading

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Trading Signals as per 4-April-2017

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2368 1.2488 USD/CAD BUY Active 1.3388 1.3468 AUD/USD BUY Active 0.7528 0.7878 EUR/JPY BUY Active 117.08 118.08 NZD/USD BUY Active 0.6947 0.6997 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 flat in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.61% against the USD and closed at USD50.27 per barrel, as Libya’s largest oil field resumed crude production. In the Asian session, at GMT0300, the pair is … Continue reading

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Silver: Silver trading marginally higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.3% against the USD and closed at USD18.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.30, with the … Continue reading

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Gold: Yellow metal trading a tad higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.5% against the USD and closed at USD1256.60 per ounce, amid a broad weakness in global equity markets. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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