Monthly Archives: May 2017

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.28% against the USD and closed at USD49.87 per barrel, amid hopes that a deal between OPEC and other big oil exporters to extend production cuts until … Continue reading

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Silver: White metal extends its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.17% against the USD and closed at USD17.39 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 17.44, with the … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1270.20 per ounce, buoyed by geopolitical tensions. In the Asian session, at GMT0300, the pair is trading at 1273.00, with the gold … Continue reading

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AUD/USD: Australia’s building approvals sharply rebounded in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.08% against the USD and closed at 0.7438. LME Copper prices rose 0.1% or $6.0/MT to $5671.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1950.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading marginally lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3472. In the Asian session, at GMT0300, the pair is trading at 1.3474, with the USD trading a tad higher against … Continue reading

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USD/CHF: Swiss Franc trading slightly higher, ahead of Switzerland’s KOF leading indicator data for May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9788. On the macro front, Switzerland’s total sight deposits inched up to a level of CHF576.0 billion in the week ended … Continue reading

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USD/JPY: Japan’s unemployment rate remained unchanged in April

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the JPY and closed at 111.26. In the Asian session, at GMT0300, the pair is trading at 110.84, with the USD trading 0.38% lower against the … Continue reading

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GBP/USD: Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.2820. In the Asian session, at GMT0300, the pair is trading at 1.2817, with the GBP trading marginally lower against the … Continue reading

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EUR/USD: Euro-zone still needs substantial monetary policy support: ECB’s Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.26% against the USD and closed at 1.1136, on dovish comments from the European Central Bank (ECB) Chief, Mario Draghi. The ECB President, in his testimony to the … Continue reading

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Trading Signals as per 29-May-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1222 1.1162 USD/CHF BUY Active 0.9698 0.9748 USD/JPY BUY Active 110.98 111.58 AUD/USD BUY Active 0.7408 0.7458 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Trading Signals as per 26-May-2017

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9698 0.9758 USD/JPY BUY Active 111.28 111.78 AUD/USD BUY Active 0.7408 0.7458 EUR/JPY SELL Active 125.42 124.72 NZD/USD SELL Active 0.7058 0.7008 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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