Monthly Archives: March 2018

EUR/USD: Euro-zone’s trade surplus narrowed to a 3-month low in January

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.2338, as investors wagered that the European Central Bank would raise interest rates sooner than previously estimated. On the macro front, … Continue reading

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Crude Oil: Oil trading on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.81% against the USD and closed at USD62.28 per barrel on Friday, extending its previous session gains. Meanwhile, fresh figures from Baker Hughes disclosed that active oil … Continue reading

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Silver: White metal extends its losses in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.43% against the USD and closed at USD16.33 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.27, … Continue reading

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Gold: Yellow metal trading lower in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.25% against the USD and closed at USD1312.80 per ounce on Friday, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.98% against the USD and closed at 0.7712 on Friday. LME Copper prices rose 0.5% or $37.5/MT to $6923.0/MT. Aluminium prices rose 0.3% or $6.5/MT to $2069.0/MT. In … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.3095 on Friday. In economic news, Canada’s manufacturing shipments eased 1.0% on a monthly basis in January, higher than market expectations … Continue reading

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USD/CHF: Swiss Franc extends its losses in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9527 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9536, with the USD trading 0.09% higher … Continue reading

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USD/JPY: Necessary to continue pursuing powerful monetary easing: BoJ Summary of opinions

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the JPY and closed at 106.07 on Friday. In the Asian session, at GMT0400, the pair is trading at 105.81, with the USD trading 0.25% lower … Continue reading

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GBP/USD: UK’s Rightmove house prices advanced in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.11% against the USD and closed at 1.3940 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3930, with the GBP trading 0.07% lower … Continue reading

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EUR/USD: Euro-zone’s annual inflation unexpectedly revised lower in February

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.2285 on Friday, following dismal inflation figures from the Euro-bloc. Data revealed that the Euro-zone’s final consumer price index (CPI) increased … Continue reading

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Trading Signals as per 16-March-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2268 1.2338 GBP/USD BUY Active 1.3858 1.3968 USD/JPY BUY Active 105.38 106.18 USD/CAD SELL Active 1.3112 1.3032 USD/CHF BUY Active 0.9468 0.9528 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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