Monthly Archives: March 2018

USD/CHF: Swiss Franc trading higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.7% against the CHF and closed at 0.9488. In the Asian session, at GMT0400, the pair is trading at 0.9475, with the USD trading 0.14% lower against the … Continue reading

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USD/JPY: Japan’s manufacturing sector growth cooled in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.50% against the JPY and closed at 105.95. In the Asian session, at GMT0400, the pair is trading at 105.69, with the USD trading 0.25% lower against the … Continue reading

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GBP/USD: UK’s wage growth accelerated in the three months to January, unemployment rate surprisingly dropped in the same period

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.4141, after the latest labour report indicated a pick-up in UK’s wage growth. Data showed that Britain’s average earnings excluding bonus … Continue reading

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EUR/USD: Euro trading higher, ahead of key economic releases across the Eurozone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.69% against the USD and closed at 1.2342. The US Dollar declined against a basket of major currencies, after the US Federal Reserve (Fed) raised the key interest … Continue reading

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Trading Signals as per 21-March-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2332 1.2252 GBP/USD SELL Active 1.4122 1.4022 AUD/USD SELL Active 0.7722 0.7672 NZD/USD BUY Active 0.7135 0.7191 EUR/JPY SELL Active 130.92 130.12 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 a tad higher, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.36% against the USD and closed at USD63.71 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly fell by 2.7 million … 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 declined 0.8% against the USD and closed at USD16.19 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.25, with silver … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.42% against the USD and closed at USD1310.80 per ounce, as the greenback strengthened amid expectations of a Fed interest rate hike. In the Asian session, at GMT0400, 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 0.30% against the USD and closed at 0.7688. LME Copper prices declined 3.2% or $222.0/MT to $6784.0/MT. Aluminium prices declined 5.0% or $108.5/MT to $2073.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3075. In the Asian session, at GMT0400, the pair is trading at 1.3022, with the USD trading 0.41% lower against the … Continue reading

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USD/CHF: Swiss economic growth to pick up this year and next: SECO

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 0.9562. Macroeconomic data revealed that trade surplus in Switzerland widened to CHF3.14 billion in February, after recording a revised surplus of … Continue reading

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