Monthly Archives: March 2018

Crude Oil: Oil trading on a stronger footing, ahead of EIA’s weekly crude oil stockpiles data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD64.79 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories surprisingly advanced by 5.3 million … Continue reading

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Silver: White metal reverses its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.08% against the USD and closed at USD16.53 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading

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Gold: Yellow metal trading slightly higher this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.6% against the USD and closed at USD1351.10 per ounce, as strength in the greenback dented demand for the precious yellow metal. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.84% against the USD and closed at 0.7682. LME Copper prices rose 2.2% or $141.5/MT to $6641.5/MT. Aluminium prices rose 0.6% or $13.0/MT to $2035.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.2882. In the Asian session, at GMT0300, the pair is trading at 1.2875, with the USD trading 0.10% lower against the … Continue reading

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USD/CHF: Swiss Franc trading marginally lower, ahead of Swiss ZEW expectations survey

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.9462. In the Asian session, at GMT0300, the pair is trading at 0.9464, with the USD trading a tad higher against … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 105.40. In the Asian session, at GMT0300, the pair is trading at 105.52, with the USD trading 0.11% higher 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 0.47% against the USD and closed at 1.4166. In the Asian session, at GMT0300, the pair is trading at 1.4186, with the GBP trading 0.14% higher against the … Continue reading

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EUR/USD: Low inflation warrants patience on monetary policy tightening: ECB’s Erkki Liikanen

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.2407, following dovish comments from the European Central Bank (ECB) Governing Council member, Erkki Liikanen and softer-than-expected economic releases in the … Continue reading

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Trading Signals as per 27-March-2018

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9512 0.9442 GBP/USD SELL Active 1.4182 1.4072 USD/CAD BUY Active 1.2788 1.2928 GBP/CHF SELL Active 1.3458 1.3343 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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Crude Oil: Oil reverses its losses, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.68% against the USD and closed at USD65.64 per barrel, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 65.73, … Continue reading

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