Monthly Archives: June 2015

Crude Oil: Oil trading flat this morning

Crude Oil Movement Crude Oil prices advanced 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 60.18. Gains in oil prices were trimmed, after a private survey showed that the OPEC continued pumping ample oil in … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement Silver prices traded a tad higher against the USD at 16.73 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.70, with the silver trading 0.18% lower from … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded lower by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1189.40 per ounce, as a broad strength in the greenback dampened gold’s allure. In the Asian session, at GMT0300, the pair … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD to close at 1.2527, after the ISM data revealed that US manufacturing expansion continued to roll in May. Yesterday, data revealed that Canada’s RBC … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the CHF and closed at 0.9458. In economic news, Switzerland’s SVME manufacturing PMI climbed unexpectedly to a level of 49.40 in May, following a reading of … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.53% against the JPY and closed at 124.83. In the Asian session, at GMT0300, the pair is trading at 124.75, with the USD trading 0.06% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.5201, after UK’s manufacturing PMI missed market estimates in May. Yesterday, the UK manufacturing PMI climbed less-than-expected to a level of … Continue reading

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Trading Signals as per 1-June-2015

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0888 1.0978 USD/CAD SELL Active 1.2522 1.2432 USD/JPY BUY Active 123.68 124.38 NZD/USD SELL Active 0.7142 0.7072 AUD/USD BUY Active 0.7628 0.7697 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading

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Crude Oil: Oil trading above its MA’s

Crude Oil Movement On Friday, Crude Oil prices advanced 3.54% against the USD for the period ending 21:00GMT, closing at 60.23, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 59.83, with the … Continue reading

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Silver: White metal reverses its gains in the Asian session

Silver Movement On Friday, Silver prices rose 0.21% to USD 16.74 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.66, with the silver trading 0.45% lower from Friday’s close. The … Continue reading

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Gold: Yellow metal trading marginally lower in the Asian session

Gold Movement On Friday, Gold prices traded higher by 0.14% against the USD in the period ending 21:00GMT, at 1190.50 per ounce, as disappointing GDP data from the US enhanced demand for the safe-haven yellow metal. Separately, gold holdings of … Continue reading

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