Monthly Archives: June 2016

EUR/USD: Euro trading higher, ahead of the ECB interest rate decision

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.1184. In economic news, the Euro-zone’s final manufacturing PMI remained steady at a three-month low level of 51.50 in May, in … Continue reading

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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

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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

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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

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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

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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

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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

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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

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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

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