Monthly Archives: June 2016

Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded 4.74% higher against the USD in the 24-hour period ending 23:00GMT, at USD1321.30 per ounce, ending a four-day losing streak and surging to a two-year high level, as investors scurried towards the safe-haven asset following … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.61% against the USD to close at 0.7462. After UK’s decision to leave the European Union was officially announced, the Australian Prime minister, Malcolm Turnbull, assuaged concerns by … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.69% against the CAD to close at 1.2997. In the wake of Britain’s vote to leave the European Union., the Canadian Prime Minister, Justin Trudeau, sought to reassure … Continue reading

Posted in USD/CAD | Comments Off

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 rose 1.24% against the CHF and closed at 0.9738. Following the United Kingdom’s vote to leave the European Union, the Swiss National Bank (SNB) intervened in the nation’s foreign … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading on a stronger footing in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 3.62% against the JPY and closed at 102.21. In the Asian session, at GMT0300, the pair is trading at 101.77, with the USD trading 0.43% lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Britain bids adi“EU”…UK economy thrown into turmoil following Britain’s shocking exit from EU

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 8.38% against the USD and closed at 1.3633, plunging to a 31-year low, after Britain voted to leave the European Union (EU). Those in favour of leaving the … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its losses in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 2.52% against the USD and closed at 1.1086, In economic news, Germany’s Ifo business climate index advanced more-than-expected to a level of 108.7 in June, its highest level … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 24-June-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1352 1.1012 GBP/USD BUY Active 1.2868 1.4288 USD/JPY BUY Active 98.98 104.88 USD/CAD SELL Active 1.3242 1.2882 EUR/JPY BUY Active 107.58 116.78 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading below its MA’s

Crude Oil Movement Crude Oil prices advanced 1.05% against the USD for the 24-hour period ending 23:00GMT, closing at 49.99, after oscillating between gains and losses throughout the trading session. Yesterday, Saudi Arabia’s energy minister, Khalid Al-Falih, indicated that the … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Silver Movement Silver prices rose 0.43% to USD 17.37 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.68, with the silver trading 1.76% higher from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off

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

Gold Movement Gold prices traded 0.22% lower against the USD in the 24-hour period ending 23:00GMT, at USD1261.50 per ounce, dropping for the fourth consecutive session. In the Asian session, at GMT0300, the pair is trading at 1302.90, with the … Continue reading

Posted in Gold | Comments Off