Monthly Archives: April 2018

Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.07% against the USD and closed at USD1337.60 per ounce, as renewed concerns over global trade war led to decline in the greenback and increased demand for the safe … Continue reading

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AUD/USD: Australia’s services sector activity jumped to its highest in 8 months in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7723. LME Copper prices declined 1.9% or $131.0/MT to $6625.0/MT. Aluminium prices declined 1.9% or $38.0/MT to $1972.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2761. The Canadian Dollar gained ground against the USD, amid growing optimism over a North American Free Trade Agreement (NAFTA) trade … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9603. In the Asian session, at GMT0300, the pair is trading at 0.9613, with the USD trading 0.1% higher against the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the JPY and closed at 106.78. In the Asian session, at GMT0300, the pair is trading at 106.99, with the USD trading 0.20% higher against the … Continue reading

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GBP/USD: UK’s construction sector contracted for the first time since September 2017 in March

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.15% against the USD and closed at 1.4085. Macroeconomic data indicated that Britain’s Markit construction PMI declined more-than-estimated to a level of 47.0 in March, dragged by severe … Continue reading

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EUR/USD: Euro-zone’s annual inflation picked-up for the first time since November 2017 in March

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.2285, following impressive set of inflation and employment figures from the Euro-bloc. Data showed that the Euro-zone’s preliminary consumer price index … Continue reading

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Trading Signals as per 04-April-2018

  Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2312 1.2252 USD/CHF SELL Active 0.9612 0.9552 EUR/JPY BUY Active 130.38 131.18 NZD/USD BUY Active 0.7256 0.7314 GBP/CHF BUY Active 1.3421 1.3525 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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USD/JPY: Japan’s services sector activity dropped to a 17-month low in March

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the JPY and closed at 106.53. In the Asian session, at GMT0300, the pair is trading at 106.51, with the USD trading slightly lower against the … Continue reading

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

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.9% against the USD and closed at USD63.58 per barrel, after the American Petroleum Institute (API) reported a surprise crude draw in US crude oil inventories last … 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 1.15% against the USD and closed at USD16.40 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.42, with silver … Continue reading

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