Monthly Archives: June 2016

USD/CAD: Loonie trading on a stronger footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.2804. In economic news, Canada’s retail sales rose more-than-expected by 0.9% MoM in April, mainly led by a rise in sales … Continue reading

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USD/CHF: Swiss economic sentiment improved in June

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9588. The Swiss Franc gained ground after Switzerland’s ZEW economic expectations index advanced to a level of 19.4 in June, its … Continue reading

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USD/JPY: Japan’s manufacturing sector contracts for the fourth straight month in June

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 104.70. In the Asian session, at GMT0300, the pair is trading at 104.61, with the USD trading 0.09% lower against the … Continue reading

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GBP/USD: Historic EU referendum polls in Britain today

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.86% against the USD and closed at 1.4788. In the Asian session, at GMT0300, the pair is trading at 1.4796, with the GBP trading marginally higher against the … Continue reading

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EUR/USD: Euro trading higher, ahead of the manufacturing and services PMI data across the Euro-zone

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.68% against the USD and closed at 1.1331. In economic news, the Euro-zone’s flash consumer confidence index unexpectedly fell to a level of -7.3 in June, its first … Continue reading

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Trading Signals as per 22-June-2016

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1312 1.1232 USD/CAD BUY Active 1.2738 1.2818 GBP/CHF BUY Active 1.3978 1.4189 EUR/JPY SELL Active 118.42 117.22 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading

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Crude Oil: Oil trading lower, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices advanced 2.22% against the USD for the 24-hour period ending 23:00GMT, closing at 50.27, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 5.2 million barrels to 531.5 million … Continue reading

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

Silver Movement Silver prices declined 1.26% to USD 17.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.29, with the silver trading 0.12% higher from yesterday’s close. The pair … Continue reading

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Gold: Yellow metal reverses its losses in the morning session

Gold Movement Gold prices traded 1.59% lower against the USD in the 24-hour period ending 23:00GMT, at USD1271.20 per ounce, extending its previous session losses, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: Australia’s Westpac leading index advanced in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7451. LME Copper prices rose 0.04% or $2.0/MT to $4587.0/MT. Aluminium prices rose 1.00% or $16.0/MT to $1623.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.2803. In the Asian session, at GMT0300, the pair is trading at 1.2793, with the USD trading 0.08% lower against the … Continue reading

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