Monthly Archives: June 2016

USD/JPY: Japanese Yen trading lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 2.02% against the JPY and closed at 106.62. In the Asian session, at GMT0300, the pair is trading at 106.75, with the USD trading 0.12% higher from Friday’s … Continue reading

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GBP/USD: Britain’s service sector growth picked up in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.71% against the USD and closed at 1.4514. In economic news, UK’s Markit services PMI advanced above expectations to a level of 53.5 in May, from a three-year … Continue reading

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s Sentix investor confidence data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.84% against the USD and closed at 1.1353. In economic news, the Euro-zone’s final Markit services PMI surprisingly rose to a three-month high level of 53.3 in May, … Continue reading

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Trading Signals as per 3-June-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1108 1.1178 USD/CAD BUY Active 1.3028 1.3118 EUR/JPY SELL Active 121.92 120.92 NZD/USD SELL Active 0.6876 0.6821 GBP/CHF BUY Active 1.4208 1.4329 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 extends its gains in the Asian session

Crude Oil Movement Crude Oil prices advanced 0.27% against the USD for the 24-hour period ending 23:00GMT, closing at 49.03, after the latest drawdown in US crude stockpiles offset the Organisation of the Petroleum Exporting Countries’ (OPEC) failure to reach … Continue reading

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Silver: White metal trading higher this morning

Silver Movement Silver prices declined 0.16% to USD 15.97 per ounce during the 24 hours ending 23:00GMT, tracking weakness in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.01, with the silver trading 0.25% higher … Continue reading

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Gold: Yellow metal trading on a stronger footing in the morning session

Gold Movement Gold prices traded 0.43% lower against the USD in the 24-hour period ending 23:00GMT, at 1210.10 per ounce, after oscillating between gains and losses throughout the session, as investors weighed the possibility of the US Federal Reserve increasing … Continue reading

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AUD/USD: Australia’s service sector turns to expansion in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.41% against the USD to close at 0.7222. LME Copper prices declined 0.02% or $1.0 /MT to $4600.0 /MT. Aluminium prices rose 0.97% or $15.0 /MT to $1559.0 … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s international merchandise trade data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.3102. In the Asian session, at GMT0300, the pair is trading at 1.3087, with the USD trading 0.11% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc trading flat in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9898. In the Asian session, at GMT0300, the pair is trading at 0.9898, with the USD trading flat from yesterday’s close. … Continue reading

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USD/JPY: Japan’s services PMI expanded in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.64% against the JPY and closed at 108.82. In economic news, Japan’s consumer confidence index surprisingly advanced to a level of 40.9 in May, from a reading of … Continue reading

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