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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
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- USD/CAD: Loonie trading on a stronger footing this morning
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Daily Archives: June 1, 2016
Trading Signals as per 1-June-2016
Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1192 1.1132 USD/CHF SELL Active 0.9952 0.9882 USD/CAD BUY Active 1.3008 1.3138 AUD/USD SELL Active 0.7302 0.7232 NZD/USD BUY Active 0.6755 0.6834 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 lower, ahead of the API’s weekly crude oil inventory data
Crude Oil Movement Crude Oil prices declined 1.19% against the USD for the 24-hour period ending 23:00GMT, closing at 48.91, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 48.86, with the oil … Continue reading
Posted in Crude Oil
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Silver: White metal reverses its losses in the Asian session
Silver Movement Silver prices declined 0.12% to USD 16.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.03, with the silver trading 0.06% higher from yesterday’s close. The pair … Continue reading
Posted in Silver
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Gold: Yellow metal trading on a stronger footing in the morning session
Gold Movement Gold prices traded higher by 0.50% against the USD in the 24-hour period ending 23:00GMT, at 1218.10 per ounce, following the release of downbeat US economic data. In the Asian session, at GMT0300, the pair is trading at … Continue reading
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AUD/USD: Australia’s economic growth accelerated in the first quarter
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.68% against the USD to close at 0.7235. LME Copper prices declined 0.54% or $25.5/MT to $4700.0/MT. Aluminium prices declined 0.26% or $4.0/MT to $1548.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s GDP contracts further in March
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD to close at 1.3078. The Canadian dollar lost ground, after Canada’s GDP declined more-than-expected by 0.2% MoM in March, contracting for the second consecutive … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s Q1 GDP data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CHF and closed at 0.9930. In the Asian session, at GMT0300, the pair is trading at 0.9938, with the USD trading 0.08% higher from yesterday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s final manufacturing PMI slightly rose in May
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 110.74. In economic news, Japan’s housing starts advanced to a ten-month high level of 9.0% YoY in April, higher than market … Continue reading
Posted in USD/JPY
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GBP/USD: Pound trading tad lower, ahead of UK’s Markit manufacturing PMI data for May
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.92% against the USD and closed at 1.4492. In the Asian session, at GMT0300, the pair is trading at 1.4488, with the GBP trading marginally lower from yesterday’s … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading lower, ahead of manufacturing PMI data across the Euro-zone
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1130. In economic news, the Euro-zone’s final consumer price index (CPI) dropped in line with market expectations by 0.1% YoY in … Continue reading
Posted in EUR/USD
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