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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: May 31, 2016
Trading Signals as per 31-May-2016
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1162 1.1112 USD/JPY BUY Active 110.78 111.38 USD/CAD SELL Active 1.3102 1.3032 AUD/USD BUY Active 0.7198 0.7248 NZD/USD BUY Active 0.6685 0.6735 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 stronger footing in the morning session
Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24-hour period ending 23:00GMT, closing at 49.50. Separately, Baker Hughes reported that the US oil rig count fell by 2 to a level of 316 last week. … Continue reading
Posted in Crude Oil
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Silver: White metal trading higher this morning
Silver Movement Silver prices rose 0.38% to USD 16.04 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.115, with the silver trading 0.47% higher … Continue reading
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Gold: Yellow metal extends its gains in the Asian session
Gold Movement Gold prices traded higher by 0.62% against the USD in the 24-hour period ending 23:00GMT, at 1212.00 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1215.40, … Continue reading
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AUD/USD: Aussie trading on a stronger footing in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.15% against the USD to close at 0.7186. LME Copper prices rose 0.43% or $20.0/MT to $4725.5/MT. Aluminium prices declined 0.06% or $1.0/MT to $1552.0/MT. In the Asian … Continue reading
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USD/CAD: Loonie trading higher, ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.3046. In economic news, Canada’s current account deficit widened to a level of C$16.77 billion in 1Q 2016, mainly due to … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss KOF economic barometer improves to a one-year high level in May
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9916. The Swiss Franc gained ground, after Switzerland’s KOF leading indicator advanced above expectations to a one-year high level of 102.9 … Continue reading
Posted in USD/CHF
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USD/JPY: Japanese Yen extends its losses in the morning session
USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 110.94. In the Asian session, at GMT0300, the pair is trading at 111.06, with the USD trading 0.11% higher from yesterday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Pound extends its gains in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.4626. In the Asian session, at GMT0300, the pair is trading at 1.4689, with the GBP trading 0.43% higher from yesterday’s … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading higher, ahead of the Euro-zone’s consumer price index data
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1139, after Germany’s flash consumer price index rebounded 0.3% MoM in May and matched market expectations, following a 0.4% decline in … Continue reading
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