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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 25, 2017
Trading Signals as per 25-May-2017
Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9762 0.9692 USD/CAD SELL Active 1.3452 1.3362 AUD/USD BUY Active 0.7468 0.7528 NZD/USD BUY Active 0.7016 0.7072 GBP/CHF BUY Active 1.2577 1.266 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 OPEC meeting
Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.21% against the USD and closed at USD51.55. Meanwhile, the Energy Information Administration (EIA) announced that US crude oil inventories declined by 4.43 million barrels in … Continue reading
Posted in Crude Oil
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Silver: White metal trading marginally higher this morning
Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 0.56% against the USD and closed at USD17.18. In the Asian session, at GMT0300, the pair is trading at 17.18, with the Silver trading a tad higher against … Continue reading
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Gold: Yellow metal reverses its gains in the Asian session
Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.77% against the USD and closed at USD1261.70 per ounce. In the Asian session, at GMT0300, the pair is trading at 1260.90, with the Gold trading 0.06% lower … Continue reading
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AUD/USD: Australian Dollar extends its gains in the morning session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.7500. LME Copper prices marginally rose or $2.0/MT to $5662.5/MT. Aluminium prices rose 0.93% or $18.0/MT to $1944.0/MT. Meanwhile, ratings agency, … Continue reading
Posted in AUD/USD
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USD/CAD: BoC left key interest rate steady at 0.50%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.77% against the CAD and closed at 1.3411. At its recent monetary policy meeting, the Bank of Canada (BoC) held the benchmark interest rate unchanged at 0.50%. Although … Continue reading
Posted in USD/CAD
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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 declined 0.27% against the CHF and closed at 0.9731. On macro front, Switzerland’s industrial production declined 4.6% YoY in the first quarter, compared to drop of 3.3% in the … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading flat in the Asian session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 111.60. In economic data, Japan’s final leading economic index recorded a rise to 105.5 in March, from a revised level of … Continue reading
Posted in USD/JPY
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GBP/USD: British Pound trading higher, ahead of UK’s 1Q GDP data
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.2971. In the Asian session, at GMT0300, the pair is trading at 1.2984, with the GBP trading 0.10% higher against the … Continue reading
Posted in GBP/USD
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EUR/USD: German consumer confidence rose for a consecutive second month for June
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1222, after Germany’s GfK consumer confidence index unexpectedly climbed to a level of 10.4 for June, on the back of further … Continue reading
Posted in EUR/USD
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