Monthly Archives: June 2016

AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.86% against the USD to close at 0.7584. LME Copper prices rose 1.27% or $59.5/MT to $4747.0 /MT. Aluminium prices rose 0.25% or $4.0/MT to $1628.0 /MT. In … Continue reading

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USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.2781. In the Asian session, at GMT0300, the pair is trading at 1.3000, with the USD trading 1.71% higher against the … Continue reading

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USD/CHF: Swiss Franc extends its losses in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9619. In the Asian session, at GMT0300, the pair is trading at 0.9718, with the USD trading 1.03% higher against the … Continue reading

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USD/JPY: BoJ board members expressed diverging opinions at June meeting, summary reveals

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 1.29% against the JPY and closed at 106.05. In economic news, Japan’s final leading economic index dropped to a level of 100.0 in April, from a preliminary reading … Continue reading

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GBP/USD: Shockwaves travel throughout Britain as current count puts Brexit in the lead

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.4880, hitting a one-year high, after early polling results put “Bremain” in the lead. In the Asian session, at GMT0300, the … Continue reading

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EUR/USD: Euro trading lower, ahead of Germany’s IFO survey data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.37% against the USD and closed at 1.1373. In economic news, the Euro-zone’s flash manufacturing PMI surprisingly rose to a level of 52.6 in June, from a reading … Continue reading

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Trading Signals as per 23-June-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1268 1.1468 USD/CHF BUY Active 0.9488 0.9598 USD/CAD SELL Active 1.2832 1.2722 GBP/USD BUY Active 1.4778 1.5018 USD/JPY SELL Active 106.52 105.32 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 on a stronger footing in the Asian session

Crude Oil Movement Crude Oil prices declined 1.59% against the USD for the 24-hour period ending 23:00GMT, closing at 49.47, after a smaller-than-expected drawdown in US inventories. Yesterday, the Energy Information Administration (EIA) report indicated that US crude oil inventories … Continue reading

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Silver: White metal extends its gains in the morning session

Silver Movement Silver prices rose 0.14% to USD 17.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.335, with the silver trading 0.23% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal trading higher this morning

Gold Movement Gold prices traded 0.54% lower against the USD in the 24-hour period ending 23:00GMT, at USD 1264.30 per ounce, for the third consecutive session, as expectations that Britain will vote to remain in the European Union dented demand … Continue reading

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AUD/USD: Aussie trading flat this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.91% against the USD to close at 0.7519. Yesterday, in China, Australia’s largest trading partner, the CB leading economic index rose 0.2% in May, following a revised decline … Continue reading

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