Monthly Archives: June 2016

USD/CHF: Swiss trade surplus at three-month high in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9624. In economic news, Switzerland’s trade surplus widened to a three-month high level of CHF3.79 billion in May, from a revised … Continue reading

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USD/JPY: Japanese Yen trading higher this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.76% against the JPY and closed at 104.67. In the Asian session, at GMT0300, the pair is trading at 104.46, with the USD trading 0.2% lower against the … Continue reading

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GBP/USD: British manufacturing orders hit 10-month high in June

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.08% against the USD and closed at 1.4662, after UK’s public sector net borrowing deficit widened to a level of £9.10 billion in May, from a revised deficit … Continue reading

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s preliminary consumer confidence index data

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1255. In economic news, the Euro-zone economic sentiment index unexpectedly rose to a level of 20.2 in June, following a reading … Continue reading

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Trading Signals as per 21-June-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1288 1.1368 USD/CHF SELL Active 0.9632 0.9562 USD/JPY SELL Active 105.42 104.22 NZD/USD BUY Active 0.7116 0.7176 EUR/JPY SELL Active 119.12 117.82 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 a tad lower, ahead of the API’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices advanced 1.91% against the USD for the 24-hour period ending 23:00GMT, closing at 49.18, settling higher for a second straight day, amid expectations that Britain will remain in the European Union after this week’s … Continue reading

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Silver: White metal reverses its losses in the morning session

Silver Movement Silver prices declined 0.17% to USD 17.49 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.53, with the silver trading 0.2% higher from yesterday’s close. The pair … Continue reading

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

Gold Movement Gold prices traded 0.75% lower against the USD in the 24-hour period ending 23:00GMT, at USD1291.80 per ounce, amid a weaker greenback and a broad rally in global equity markets. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: RBA warns on appreciation of AUD in June meeting minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.7452. LME Copper prices rose 1.40% or $63.5/MT to $4585.0/MT. Aluminium prices rose 0.31% or $5.0/MT to $1607.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD to close at 1.2802. In economic news, Canada’s wholesale sales rebounded 0.1% MoM to $54.8 billion in April, its first increase after two consecutive … Continue reading

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USD/CHF: Swiss Franc trading a tad higher, ahead of Switzerland’s trade balance data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CHF and closed at 0.9616. In economic news, Switzerland’s total sight deposits rose to a level of CHF496.4 billion for the week ended June 17, … Continue reading

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