USD/CAD: Canada’s manufacturing sector activity advanced in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3673. In economic news, Canada’s Markit manufacturing PMI rose to a level of 55.9 in April, compared to a level of … Continue reading

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USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s SVME–PMI data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9955. On Friday, data showed that Switzerland’s KOF leading indicator unexpectedly dropped to a level of 106.0 in April, compared to … Continue reading

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USD/JPY: Members agreed to closely monitor Japan’s inflation: BoJ minutes

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 111.85. In the Asian session, at GMT0300, the pair is trading at 111.84, with the USD trading slightly lower against the … Continue reading

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GBP/USD: UK’s economic growth sharply slowed in the first quarter of 2017

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.2897. On Friday, data indicated that UK’s flash gross domestic product (GDP) climbed 0.3% QoQ in the first three months of … Continue reading

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EUR/USD: Euro trading a tad higher, ahead of the Euro-zone’s unemployment rate data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.0909. On Friday, data indicated that the Euro-zone’s flash consumer price index (CPI) climbed more-than-anticipated by 1.9% on an annual basis … Continue reading

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Trading Signals as per 1-May-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0848 1.0918 USD/CHF SELL Active 0.9992 0.9932 USD/JPY BUY Active 111.48 112.08 USD/CAD BUY Active 1.3638 1.3698 AUD/USD SELL Active 0.7522 0.7472 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

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Trading Signals as per 28-April-2017

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1012 1.0902 GBP/USD SELL Active 1.3002 1.2912 AUD/USD BUY Active 0.7448 0.7498 EUR/JPY SELL Active 122.62 121.22 GBP/CHF BUY Active 1.2765 1.2863 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 reverses its losses in the morning session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.39% against the USD and closed at USD49.14 per barrel, after news surfaced that two key oilfields in Libya had restarted, thus intensifying supply glut concerns. In … Continue reading

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Silver: White metal trading higher in the Asian session

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.09% against the USD and closed at USD17.30 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.36, with the … 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 declined 0.31% against the USD and closed at USD1265.50 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1266.40, with the … Continue reading

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AUD/USD: Australia’s private sector credit grew less-than-expected in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7466. LME Copper prices rose 0.2% or $9.0/MT to $5686.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1954.5/MT. In the Asian … Continue reading

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