Monthly Archives: May 2017

USD/CHF: Swiss Franc trading lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9795. In the Asian session, at GMT0300, the pair is trading at 0.9801, with the USD trading 0.06% higher against the … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its previous session losses in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.51% against the JPY and closed at 111.49. In the Asian session, at GMT0300, the pair is trading at 111.16, with the USD trading 0.3% lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: UK’s retail sales sharply rebound in April

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.2942. In economic news, data showed that British retail sales rebounded more-than-anticipated by 2.3% on a monthly basis in April, suggesting … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Policymakers could start considering stimulus exit in June: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.47% against the USD and closed at 1.1107. According to the minutes of the European Central Bank’s (ECB) latest meeting, board members generally agreed that June would be … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 18-May-2017

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9832 0.9742 GBP/USD BUY Active 1.2978 1.3078 AUD/USD BUY Active 0.7388 0.7458 USD/CAD SELL Active 1.3702 1.3602 GBP/CHF BUY Active 1.2670 1.2793 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.66% against the USD and closed at USD49.08 per barrel, after the Energy Information Administration (EIA) reported a drop in US crude oil inventories for sixth straight … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.24% against the USD and closed at USD16.91 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.89, with the … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.75% against the USD and closed at USD1260.70 per ounce, amid weakness in the greenback following concerns over US political turmoil. Also, a broad decline in global equities boosted … Continue reading

Posted in Gold | Comments Off

AUD/USD: Australia’s unemployment rate surprisingly declined to a 4-month low level in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.7433. LME Copper prices declined 0.2% or $9.0/MT to $5575.0/MT. Aluminium prices rose 0.7% or $13.0/MT to $1928.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3584. On the data front, Canada’s manufacturing shipments rebounded 1.0% on a monthly basis in March, falling short of market expectations … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading slightly lower in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CHF and closed at 0.9787. In the Asian session, at GMT0300, the pair is trading at 0.9792, with the USD trading marginally higher against the … Continue reading

Posted in USD/CHF | Comments Off