Monthly Archives: April 2018

Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.63% against the USD and closed at USD61.97 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active oil rigs in … 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 0.12% against the USD and closed at USD16.36 per ounce on Friday, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 16.40, … Continue reading

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Gold: Yellow metal trading a tad lower this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.27% against the USD and closed at USD1337.00 per ounce on Friday, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1336.4, … Continue reading

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AUD/USD: Australian construction sector accelerated in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.21% against the USD and closed at 0.7677 on Friday. LME Copper prices declined 0.95% or $64.0/MT to $6703.0/MT. Aluminium prices declined 0.10% or $2.0/MT to $1967.0/MT. In … Continue reading

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USD/CAD: Canada’s unemployment rate remained unchanged in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.2768 on Friday. On the economic front, the unemployment rate in Canada remained steady at 5.8% in March, in line with … Continue reading

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USD/CHF: Swiss Franc trading lower, ahead of Swiss unemployment rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.9586 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9599, with the USD trading 0.14% higher … Continue reading

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USD/JPY: Japan posted a (BOP basis) trade surplus in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 106.88 on Friday. In the Asian session, at GMT0300, the pair is trading at 106.96, with the USD trading 0.07% higher … Continue reading

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GBP/USD: Pound trading a tad higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.4090 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4095, with the GBP trading slightly higher … Continue reading

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EUR/USD: Germany’s industrial output plunged in February, while construction sector contracted in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2285 on Friday. On the economic front, Germany’s seasonally adjusted industrial production unexpectedly eased 1.6% on a monthly basis in February, … Continue reading

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Trading Signals as per 06-April-2018

  Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9588 0.9658 USD/JPY BUY Active 107.08 107.68 AUD/USD BUY Active 0.7648 0.7698 EUR/JPY BUY Active 130.88 131.68 GBP/CHF SELL Active 1.3539 1.3443 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.99% against the USD and closed at USD63.00 per barrel, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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