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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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Monthly Archives: June 2016
Silver: White metal reverses its gains in the Asian session
Silver Movement Silver prices rose 0.35% to USD 17.35 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 17.20, with the silver trading 0.95% lower … Continue reading
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Gold: Yellow metal trading a tad lower this morning
Gold Movement Gold prices traded higher by 0.43% against the USD in the 24-hour period ending 23:00GMT, at USD1277.40 per ounce, rising for the third consecutive session, as a broad slump in global equity markets increased the demand for the … Continue reading
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AUD/USD: Aussie trading a tad higher this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.78% against the USD to close at 0.7374. LME Copper prices declined 0.92% or $42.0/MT to $4504.0/MT. Aluminium prices declined 0.47% or $7.5/MT to $1584.0/MT. In the Asian … Continue reading
Posted in AUD/USD
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USD/CAD: Canada’s unemployment rate dropped to almost a one-year low level in May
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.2755. In economic news, Canada’s unemployment rate unexpectedly fell to 6.9% in May, the lowest level since July 2015, bolstering optimism … Continue reading
Posted in USD/CAD
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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9637. In the Asian session, at GMT0300, the pair is trading at 0.9647, with the USD trading 0.1% higher from Friday’s … Continue reading
Posted in USD/CHF
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USD/JPY: Japan’s corporate sentiment worsened for the second consecutive quarter
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.24% against the JPY and closed at 106.76. In the Asian session, at GMT0300, the pair is trading at 106.19, with the USD trading 0.53% lower from Friday’s … Continue reading
Posted in USD/JPY
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GBP/USD: Britain’s one-year inflation expectations advanced in May
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.40% against the USD and closed at 1.4258. In economic news, UK’s construction output rebounded above expectations by 2.5% MoM in April, following a 3.6% decline in March … Continue reading
Posted in GBP/USD
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EUR/USD: Euro trading on a weaker footing in the morning session
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.52% against the USD and closed at 1.1251. In economic news, Germany’s final consumer price index (CPI) rose 0.3% MoM in May, matching investor expectations and preliminary figures. … Continue reading
Posted in EUR/USD
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Trading Signals as per 10-June-2016
Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1248 1.1328 USD/CHF BUY Active 0.9608 0.9668 USD/CAD SELL Active 1.2812 1.2702 AUD/USD BUY Active 0.7368 0.7418 USD/JPY BUY Active 106.28 107.18 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading
Posted in Trading Signals
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Crude Oil: Oil trading below its MA’s
Crude Oil Movement Crude Oil prices declined 1.94% against the USD for the 24-hour period ending 23:00GMT, closing at 50.51, snapping a three-day rally. In the Asian session, at GMT0300, the pair is trading at 50.44, with the oil trading … Continue reading
Posted in Crude Oil
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Silver: White metal trading a tad lower this morning
Silver Movement Silver prices rose 1.26% to USD 17.29 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 17.285, with the silver trading marginally lower … Continue reading
Posted in Silver
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