Monthly Archives: March 2018

Silver: White metal reverses its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.72% against the USD and closed at USD16.54 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.57, with silver … 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 declined 0.38% against the USD and closed at USD1324.50 per ounce, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1327.20, with gold … Continue reading

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AUD/USD: Australia’s consumer inflation expectation climbed in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7875. LME Copper prices rose 1.9% or $132.0/MT to $7015.0/MT. Aluminium prices rose 0.8% or $16.0/MT to $2096.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.2957. On the data front, Canada’s Teranet/National Bank house price index registered a drop of 0.1% on a monthly basis in … Continue reading

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USD/CHF: Swiss franc trading higher, ahead of SNB’s interest rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9448. In the Asian session, at GMT0400, the pair is trading at 0.9446, with the USD trading slightly lower against the … Continue reading

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USD/JPY: Japanese Yen extends its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the JPY and closed at 106.29. In the Asian session, at GMT0400, the pair is trading at 106.02, with the USD trading 0.25% lower against the … Continue reading

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GBP/USD: Pound trading on a stronger footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.19% against the USD and closed at 1.3965. In the Asian session, at GMT0400, the pair is trading at 1.3981, with the GBP trading 0.11% higher against the … Continue reading

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EUR/USD: Monetary policy will remain patient, persistent and prudent: Mario Draghi

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.31% against the USD and closed at 1.2368, after the European Central Bank (ECB) President, Mario Draghi tempered expectations that the central bank could move to normalise its … Continue reading

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Trading Signals as per 14-March-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2308 1.2428 USD/CHF BUY Active 0.9418 0.9488 AUD/USD SELL Active 0.7942 0.7872 USD/CAD BUY Active 1.2868 1.2988 EUR/JPY BUY Active 131.18 132.08 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 lower, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.56% against the USD and closed at USD60.87 per barrel, amid expectations of relentless rise in US crude output and as the American Petroleum Institute (API) reported … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.42% against the USD and closed at USD16.61 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.63, with silver … Continue reading

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