Monthly Archives: May 2018

AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.95% against the USD and closed at 0.7532. LME Copper prices rose 1.12% or $76.0/MT to $6862.0/MT. Aluminium prices rose 1.39% or $32.0/MT to $2327.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD and closed at 1.2767. Macroeconomic data showed that Canada’s new housing price index remained flat on a monthly basis in March, in line with … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 1.0028. In the Asian session, at GMT0300, the pair is trading at 1.0034, with the USD trading 0.06% higher against the … Continue reading

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

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 109.39. In the Asian session, at GMT0300, the pair is trading at 109.46, with the USD trading 0.06% higher against the … Continue reading

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GBP/USD: BoE left key interest rate on hold, slashes its outlook on inflation and growth

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.3518, after the Bank of England (BoE) lowered Britain’s growth and inflation forecast at its May monetary policy meeting. The BoE’s … Continue reading

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EUR/USD: Euro-bloc’s economy on a steady growth track: ECB Bulletin

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.1917. Yesterday, the European Central Bank (ECB), in its latest economic bulletin report, stated that Euro-zone’s economic growth continues to show … Continue reading

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Trading Signals as per 10-May-2018

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9998 1.0058 GBP/USD SELL Active 1.3592 1.3492 USD/CAD BUY Active 1.2728 1.2818 AUD/USD SELL Active 0.7512 0.7462 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 extends gains in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD71.23 per barrel, extending its previous session gains, after the US decided to quit a nuclear deal with Iran. Gains … 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 rose 0.06% against the USD and closed at USD16.53 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.55, with silver trading 0.12% higher against the … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.26% against the USD and closed at USD1312.40 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1313.80, with gold … Continue reading

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AUD/USD: Aussie trading on a stronger footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.7461. LME Copper prices rose 0.95% or $64.0/MT to $6786.0/MT. Aluminium prices declined 3.73% or $89.0/MT to $2295.0/MT. In the Asian … Continue reading

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