Monthly Archives: June 2016

Silver: White metal reverses its gains in the morning session

Silver Movement Silver prices rose 0.08% to USD 17.84 per ounce during the 24 hours ending 23:00GMT, amid a rise in the safe haven demand of the precious metals. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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Gold: Yellow metal trading on a weaker footing in the Asian session

Gold Movement Gold prices traded 0.69% higher against the USD in the 24-hour period ending 23:00GMT, at USD1328.20 per ounce, amid a broad weakness in global equity markets in the wake of Britain’s decision to exit the European Union. Separately, holdings … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.20% against the USD to close at 0.7340. LME Copper prices rose 0.62% or $29.0/MT to $4692.0/MT. Aluminium prices declined 0.53% or $8.5/MT to $1592.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.3075. In the Asian session, at GMT0300, the pair is trading at 1.3010, with the USD trading 0.5% lower against the … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CHF and closed at 0.9781. In economic news, Switzerland’s total sight deposits rose to a level of CHF501.2 billion for the week ended June 24, … Continue reading

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USD/JPY: Japanese Yen reverses its gains in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.99. In the Asian session, at GMT0300, the pair is trading at 102.01, with the USD trading marginally higher against the … Continue reading

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GBP/USD: Pound trading higher this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 1.81% against the USD and closed at 1.3218. Yesterday, Britain’s Finance Minister, George Osborne, tried to calm frayed nerves following last week’s “Brexit” referendum. He stated that the … Continue reading

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EUR/USD: Euro trading higher, ahead of the ECB Chief, Mario Draghi’s speech

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1009. In economic news, the Euro-zone’s private sector loans edged higher by 1.6% YoY in May, following a 1.5% rise in … Continue reading

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Trading Signals as per 27-June-2016

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3058 1.3548 USD/JPY SELL Active 102.92 101.42 USD/CAD SELL Active 1.3112 1.2952 AUD/USD SELL Active 0.7512 0.7402 NZD/USD SELL Active 0.7157 0.7040 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 losses in the morning session

Crude Oil Movement Crude Oil prices declined 4.78% against the USD for the 24-hour period ending 23:00GMT, closing at 47.60, after Britain’s vote to leave the European Union threatened to cut short a three-month-long recovery in global oil markets. Separately, … Continue reading

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Silver: White metal trading on a weaker footing in the Asian session

Silver Movement Silver prices rose 2.56% to USD 17.82 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 17.77, with the silver trading 0.25% lower … Continue reading

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