USD/CAD: Canada’s existing home sales sharply deteriorated in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the CAD and closed at 1.3057. The Canadian Dollar declined against the USD, after Canada’s existing home sales slid 6.5% on a monthly basis in February, … Continue reading

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USD/CHF: SNB maintained the benchmark interest rate unchanged at -0.75%

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.74% against the CHF and closed at 0.9515. Yesterday, the Swiss National Bank (SNB), at its March monetary policy meeting, opted to keep the benchmark deposit rate steady … Continue reading

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USD/JPY: Japan’s industrial production revised lower in January

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the JPY and closed at 106.30. In the Asian session, at GMT0400, the pair is trading at 105.88, with the USD trading 0.4% lower against the … Continue reading

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GBP/USD: Pound trading on a weaker footing this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.28% against the USD and closed at 1.3937. In the Asian session, at GMT0400, the pair is trading at 1.3929, with the GBP trading 0.06% lower against the … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s final consumer price inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.57% against the USD and closed at 1.2306. The US Dollar advanced against a basket of major currencies, on upbeat US economic reports. Data revealed that the number … Continue reading

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Trading Signals as per 15-March-2018

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.2328 1.2398 USD/JPY SELL Active 106.52 105.82 USD/CAD SELL Active 1.3002 1.2932 AUD/USD SELL Active 0.7902 0.7852 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 on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.15% against the USD and closed at USD60.90 per barrel, on the back of brighter demand outlook after the Organisation of the Petroleum Exporting Countries (OPEC) stated … Continue reading

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Silver: White metal reverses its losses in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.72% against the USD and closed at USD16.54 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.57, with silver … Continue reading

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Gold: Yellow metal trading higher in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.38% against the USD and closed at USD1324.50 per ounce, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1327.20, with gold … Continue reading

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AUD/USD: Australia’s consumer inflation expectation climbed in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7875. LME Copper prices rose 1.9% or $132.0/MT to $7015.0/MT. Aluminium prices rose 0.8% or $16.0/MT to $2096.0/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 0.1% against the CAD and closed at 1.2957. On the data front, Canada’s Teranet/National Bank house price index registered a drop of 0.1% on a monthly basis in … Continue reading

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