Monthly Archives: April 2017

USD/JPY: Japanese Yen trading a tad lower in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the JPY and closed at 108.43. In the Asian session, at GMT0300, the pair is trading at 108.48, with the USD trading marginally higher against the … Continue reading

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GBP/USD: Theresa May calls snap general election on 8th June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 2.27% against the USD and closed at 1.2842, following Britain Prime Minister, Theresa May’s snap election announcement. In a surprise move, the British Prime Minister called for an … Continue reading

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s final inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.0729. The greenback lost ground against most of its key counterparts, following disappointing housing starts and manufacturing production data in the … Continue reading

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Trading Signals as per 18-April-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0618 1.0668 AUD/USD SELL Active 0.7592 0.7542 GBP/CHF SELL Active 1.2665 1.2584 EUR/JPY BUY Active 115.85 116.48 NZD/USD BUY Active 0.6983 0.7033 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 weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.38% against the USD and closed at USD52.7 per barrel, after the Energy Information Administration (EIA) indicated that US shale production is likely to post the biggest … Continue reading

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Silver: White metal trading a tad lower in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.16% against the USD and closed at USD18.40 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.39, with 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 declined 0.6% against the USD and closed at USD1286.70, amid strength in the US equity markets. In the Asian session, at GMT0300, the pair is trading at 1285.30, with the … Continue reading

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AUD/USD: Labour market somewhat weaker than expected: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7586. Yesterday, in China, Australia’s largest trading partner, gross domestic product (GDP) surprisingly expanded 6.9% on an annual basis in 1Q … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3324. On Thursday, data revealed that Canada’s new housing price index advanced 0.4% on a monthly basis in February, more than … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 1.0042. On Thursday, data indicated that Switzerland’s producer and import price index climbed 0.1% MoM in March, in line with market … Continue reading

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USD/JPY: Japanese Yen trading on a stronger footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the JPY and closed at 109.03. On Friday, data showed that Japan’s final industrial production climbed 3.2% MoM in February, compared to a rise of 2.0% … Continue reading

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