Monthly Archives: April 2018

USD/JPY: Japanese Yen trading on a weaker footing this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 107.23. In the Asian session, at GMT0300, the pair is trading at 107.38, with the USD trading 0.14% higher against the … Continue reading

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GBP/USD: Availability of unsecured lending to consumers dropped to a record low during the first quarter of 2018: BoE survey

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.4231. As per the Bank of England’s (BoE) Credit Conditions survey, the availability of unsecured credit to households dropped “significantly” in … Continue reading

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EUR/USD: Officials expressed fears over global trade war and strengthening Euro: ECB minutes

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.33% against the USD and closed at 1.2328, after minutes of the European Central Bank’s (ECB) March meeting highlighted concerns around global trade conflict as well as the … Continue reading

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Trading Signals as per 12-April-2018

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4118 1.4198 EUR/USD SELL Active 1.2392 1.2332 USD/CHF BUY Active 0.9548 0.9628 AUD/USD BUY Active 0.7718 0.7768 NZD/USD BUY Active 0.7346 0.7396 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 higher in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.86% against the USD and closed at USD66.81 per barrel, following news that Saudi Arabia seized missiles over Riyadh. Separately, the Energy Information Administration (EIA) indicated that … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.51% against the USD and closed at USD16.67 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.64, with silver … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.9% against the USD and closed at USD1356.40 per ounce, as concerns over escalating tensions in Syria as well as conflicts between US and Russia increased the demand for … Continue reading

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AUD/USD: Australia’s consumer inflation expectations dropped in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.08% against the USD and closed at 0.7760. LME Copper prices rose 0.62% or $42.5/MT to $6930.5/MT. Aluminium prices rose 3.75% or $81.5/MT to $2253.0/MT. In the Asian … Continue reading

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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 1.2575. In the Asian session, at GMT0300, the pair is trading at 1.2585, with the USD trading 0.08% higher against the … 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 0.07% against the CHF and closed at 0.9576. In the Asian session, at GMT0300, the pair is trading at 0.9582, with the USD trading 0.06% higher against the … Continue reading

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USD/JPY: Japan’s economy on a moderate growth path, inflation accelerated recently: BoJ Kuroda

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the JPY and closed at 106.82. In the Asian session, at GMT0300, the pair is trading at 106.89, with the USD trading 0.07% higher against the … Continue reading

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