Monthly Archives: June 2016

USD/JPY: BoJ minutes reveal that risks to economy, price growth still lingers

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.83% against the JPY and closed at 103.88. In the Asian session, at GMT0300, the pair is trading at 103.97, with the USD trading 0.09% higher against the … Continue reading

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GBP/USD: Pound trading lower, ahead of UK’s public sector net borrowing data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.33% against the USD and closed at 1.4674, after recent polls showed that support for Britain staying in the European Union strengthened before Thursday’s referendum vote. In the … Continue reading

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

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1312, after the Euro-zone’s seasonally adjusted construction output declined 0.2% MoM in April, falling for the third consecutive month, after recording … Continue reading

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Trading Signals as per 20-June-2016

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1288 1.1378 GBP/USD SELL Active 1.4792 1.4542 EUR/JPY BUY Active 117.58 119.08 GBP/CHF BUY Active 1.3921 1.4130 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 extends its gains in the morning session

Crude Oil Movement Crude Oil prices advanced 4.49% against the USD for the 24-hour period ending 23:00GMT, closing at 48.14, snapping a six-session losing streak, as market anxiety about Britain’s possible exit from the European Union eased, driving up oil … Continue reading

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

Silver Movement Silver prices rose 1.30% to USD 17.50 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 17.34, with the silver trading 0.91% lower … Continue reading

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Gold: Yellow metal trading lower this morning

Gold Movement Gold prices traded 1.34% higher against the USD in the 24-hour period ending 23:00GMT, at USD 1301.40 per ounce, amid a broad weakness in the greenback. Separately, holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, … Continue reading

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AUD/USD: Aussie extends its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.42% against the USD to close at 0.7396. LME Copper prices declined 0.07% or $3.0/MT to $4521.5/MT. Aluminium prices rose 0.63% or $10.0/MT to $1602.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.2877. Canadian Dollar fell as the country’s consumer price index (CPI) rose less-than-expected by 0.4% MoM in May, compared to a … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.59% against the CHF and closed at 0.9596. In the Asian session, at GMT0300, the pair is trading at 0.9584, with the USD trading 0.13% lower against the … Continue reading

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USD/JPY: Japan records a trade deficit in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.12% against the JPY and closed at 104.21. In the Asian session, at GMT0300, the pair is trading at 104.62, with the USD trading 0.39% higher against the … Continue reading

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