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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 31, 2017
Trading Signals as per 31-May-2017
Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 110.38 111.08 AUD/USD BUY Active 0.7428 0.7478 USD/CAD SELL Active 1.3502 1.3422 EUR/JPY BUY Active 123.38 124.48 NZD/USD BUY Active 0.7073 0.7130 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 extends its losses in the Asian session
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.62% against the USD and closed at USD49.56 per barrel, on signs of rising oil output in Libya and concerns whether OPEC’s agreement to extend production cuts … Continue reading
Posted in Crude Oil
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Silver: White metal trading lower this morning
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.17% against the USD and closed at USD17.36 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.26, with the … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a weaker footing this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.35% against the USD and closed at USD1265.30 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1262.80, with the … Continue reading
Posted in Gold
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AUD/USD: Australia’s private sector credit climbed in April
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7458. LME Copper prices declined 1.1% or $63.0/MT to $5608.0/MT. Aluminium prices declined 0.3% or $6.5/MT to $1943.5/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie trading higher, ahead of Canada’s GDP growth data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3469. On the macro front, Canada’s current account deficit widened more-than-expected to a level of C$14.1 billion in 1Q 2017, from … Continue reading
Posted in USD/CAD
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USD/CHF: Switzerland’s KOF leading indicator dropped in May
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9758. On the macro front, Switzerland’s KOF leading indicator fell more-than-anticipated to a level of 101.6 in May, compared to market … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese industrial output posted its biggest jump in nearly 6 years in April
USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the JPY and closed at 110.84. In the Asian session, at GMT0300, the pair is trading at 111.17, with the USD trading 0.3% higher against the … Continue reading
Posted in USD/JPY
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GBP/USD: UK’s GfK consumer confidence edged up to a 4-month high level in May
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.1% against the USD and closed at 1.2807. In the Asian session, at GMT0300, the pair is trading at 1.2829, with the GBP trading 0.17% higher against the … Continue reading
Posted in GBP/USD
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EUR/USD: German annual inflation slowed more-than-expected in May
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1173. On the data front, Germany’s preliminary consumer price index (CPI) climbed less-than-expected by 1.5% on an annual basis in May, … Continue reading
Posted in EUR/USD
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