Monthly Archives: May 2018

Silver: White metal trading a tad higher in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.14% against the USD and closed at USD16.55 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver … Continue reading

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Gold: Yellow metal trading flat in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.56% against the USD and closed at USD1313.90 per ounce, amid strength in the greenback and signs of easing trade conflicts between the US and China. In the Asian … Continue reading

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AUD/USD: Board members see scant evidence for a near-term interest rate hike: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7526. LME Copper prices declined 0.60% or $41.0/MT to $6628.0/MT. Aluminium prices rose 0.53% or $12.0/MT to $2285.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2803. On the macro front, Canada’s Teranet/National Bank house price index advanced 0.2% on a monthly basis in April, after recording … Continue reading

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USD/CHF: Swiss Franc trading flat this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 1.0004. Macroeconomic data indicated that Switzerland’s total sight deposits inched up to a level of CHF576.2 billion in the week ended … Continue reading

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USD/JPY: Japanese Yen trading flat in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 109.71. In economic news, Japan’s preliminary machine tool orders climbed 22.0% on an annual basis in April, compared to a rise … Continue reading

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GBP/USD: Pound trading slightly higher, ahead of Britain’s ILO unemployment rate data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.08% against the USD and closed at 1.3561. In the Asian session, at GMT0300, the pair is trading at 1.3564, with the GBP trading marginally higher against the … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of key economic releases across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1930. In the Asian session, at GMT0300, the pair is trading at 1.1935, with the EUR trading slightly higher against the … Continue reading

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Trading Signals as per 14-May-2018

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.2012 1.1952 USD/CHF BUY Active 0.9948 1.0008 AUD/USD BUY Active 0.7518 0.7568 EUR/JPY BUY Active 130.88 131.58 GBP/CHF BUY Active 1.3538 1.3604 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 on a weaker footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.36% against the USD and closed at USD70.56 per barrel on Friday, after fresh figures from Baker Hughes disclosed that active oil rigs in the US rose … Continue reading

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Silver: White metal trading between its MA’s

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at USD16.70 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.73, with silver trading 0.18% higher … Continue reading

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