Crude Oil: Oil trading on a stronger footing this morning

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.42% against the USD and closed at USD44.84 per barrel, after fresh data showed a decline in weekly US crude production. Total domestic crude production fell by … Continue reading

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Silver: White metal extends its gains in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.75% against the USD and closed at USD16.85 per ounce, following gains in bullion prices. In the Asian session, at GMT0300, the pair is trading at 16.88, with the … 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 rose 0.06% against the USD and closed at USD1249.80 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1251.90, with … Continue reading

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AUD/USD: Australia’s new home sales advanced in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.65% against the USD and closed at 0.7637. LME Copper prices rose 0.6% or $33.0/MT to $5822.0/MT. Aluminium prices rose 1.3% or $24.5/MT to $1886.0/MT. In the Asian … Continue reading

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USD/CAD: BoC’s Stephen Poloz signals rate hike in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.03% against the CAD and closed at 1.3038. The Canadian Dollar surged against the USD, after the Bank of Canada (BoC) Governor, Stephen Poloz, boosted speculation that an … Continue reading

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USD/CHF: Swiss ZEW expectations index dropped in June while UBS consumption indicator advanced in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CHF and closed at 0.9596. In economic news, Switzerland’s ZEW economic expectations index dropped to a level of 20.7 in June, after recording a reading … Continue reading

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USD/JPY: Japan’s retail trade sharply declined in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the JPY and closed at 112.36. On the macro front, Japan’s small business confidence index rose to a level of 49.2 in June, at par with … Continue reading

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GBP/USD: Some removal of monetary stimulus is likely to become necessary: BoE Governor

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.93% against the USD and closed at 1.2938, following hawkish comments from the Bank of England (BoE) Governor, Mark Carney, that indicated support for a rate hike if … Continue reading

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EUR/USD: Euro trading higher, ahead of Germany’s crucial inflation data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1378. On the economic front, Italy’s flash consumer price index (CPI) unexpectedly dropped 0.1% on a monthly basis in June, defying … Continue reading

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Trading Signals as per 28-June-2017

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2728 1.2888 AUD/USD BUY Active 0.7558 0.7608 USD/CHF SELL Active 0.9662 0.9572 USD/JPY BUY Active 111.68 112.58 NZD/USD BUY Active 0.7234 0.7296 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 higher in the morning session, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.85% against the USD and closed at USD43.78 per barrel, reversing its previous session losses. Meanwhile, the American Petroleum Institute (API) reported a surprise increase of 851,000 … Continue reading

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