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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: May 8, 2018
Trading Signals as per 8-May-2018
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1962 1.1892 USD/CHF SELL Active 1.0082 1.0012 GBP/USD SELL Active 1.3612 1.3532 NZD/USD SELL Active 0.7054 0.7004 GBP/CHF SELL Active 1.3644 1.3567 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 between its MA’s, ahead of API’s weekly crude oil inventories data
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.20% against the USD and closed at USD69.99 per barrel, lifted by worries over a looming decision on whether the US would reinstate sanctions on Iran and … Continue reading
Posted in Crude Oil
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Silver: White metal trading a tad lower this morning
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.33% against the USD and closed at USD16.51 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.50, with silver … Continue reading
Posted in Silver
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Gold: Yellow metal trading slightly lower this morning
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.24% against the USD and closed at USD1314.90 per ounce, amid strength in the US Dollar and a rally in global equities. In the Asian session, at GMT0300, the … Continue reading
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AUD/USD: Australia’s monthly retail sales came in flat in March
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.19% against the USD and closed at 0.7515. LME Copper prices declined 0.79% or $54.0/MT to $6783.0/MT. Aluminium prices declined 1.40% or $33.0/MT to $2316.0/MT. On the macro … Continue reading
Posted in AUD/USD
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USD/CAD: Loonie extends its losses in the Asian session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.2885. On Friday, data revealed that Canada’s seasonally adjusted Ivey PMI rose to a level of 71.5 in April, compared to … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss inflation came in softer-than-expected in April
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 1.0027. On the data front, Switzerland’s consumer price index (CPI) advanced less-than-anticipated by 0.2% on a monthly basis in April, compared … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen trading on a stronger footing this morning
USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the JPY and closed at 109.10. In the Asian session, at GMT0300, the pair is trading at 108.98, with the USD trading 0.11% lower against the … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading a tad higher in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.07% against the USD and closed at 1.3561. In the Asian session, at GMT0300, the pair is trading at 1.3562, with the GBP trading slightly higher against the … Continue reading
Posted in GBP/USD
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EUR/USD: Euro-zone’s Sentix investor confidence surprisingly declined for the fourth consecutive month in May
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1925, following a deterioration in the Euro-zone’s investor confidence. The Euro-zone’s Sentix investor confidence index unexpectedly dropped to a 15-month low … Continue reading
Posted in EUR/USD
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