Monthly Archives: April 2018

AUD/USD: Officials upbeat on economy, but see no strong case for near-term rate hike: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.12% against the USD and closed at 0.7781. LME Copper prices declined 0.27% or $18.5/MT to $6811.5/MT. Aluminium prices rose 1.44% or $33.5/MT to $2358.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.2569. In the Asian session, at GMT0300, the pair is trading at 1.2572, with the USD trading marginally higher against the … Continue reading

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USD/CHF: Swiss Franc trading marginally lower this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 0.9598. In economic news, Switzerland’s producer and import price index fell 0.2% MoM in March, compared to a rise of 0.3% … Continue reading

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USD/JPY: Japan’s industrial production revised to flat in February

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the JPY and closed at 107.13. In the Asian session, at GMT0300, the pair is trading at 107.05, with the USD trading 0.07% lower against the … Continue reading

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GBP/USD: Pound trading a tad higher, ahead of UK’s ILO unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.4338, ahead of UK’s post-Brexit trade negotiations with the EU starting this week. In the Asian session, at GMT0300, the pair … Continue reading

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EUR/USD: Euro trading flat, ahead of the ZEW economic sentiment survey across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.39% against the USD and closed at 1.2382. The US Dollar declined against its major counterparts, amid renewed geopolitical tensions after the US President, Donald Trump, accused Russia … Continue reading

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Trading Signals as per 16-April-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2308 1.2358 USD/CHF SELL Active 0.9662 0.9612 USD/JPY SELL Active 107.52 107.02 AUD/USD BUY Active 0.7738 0.7788 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading lower in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.42% against the USD and closed at USD67.30 per barrel on Friday, after the International Energy Agency (IEA) stated that global crude oil stocks were falling sharply, … Continue reading

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Silver: White metal extends its gains in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.03% against the USD and closed at USD16.64 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.67, … Continue reading

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Gold: Yellow metal trading on a stronger footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.62% against the USD and closed at USD1348.90 per ounce on Friday, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.15% against the USD and closed at 0.7767 on Friday. LME Copper prices rose 1.10% or $74.0/MT to $6830.0/MT. Aluminium prices rose 4.71% or $104.5/MT to $2325.0/MT. In … Continue reading

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