Monthly Archives: June 2017

Crude Oil: Oil extends it gains in the Asian session

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.16% against the USD and closed at USD48.00 per barrel, after fresh figures form the American Petroleum Institute (API) indicated that US crude oil inventories dropped by … Continue reading

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Silver: White metal trading lower in the morning session

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.88% against the USD and closed at USD17.69 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.68, with the … Continue reading

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Gold: Yellow metal trading on a weaker footing this morning

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.1% against the USD and closed at USD1296.50 per ounce, as rising uncertainties ahead of a barrage of events this week, including UK’s general election and the ECB’s monetary … Continue reading

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AUD/USD: Australia’s economy expanded faster-than-expected in the first quarter of 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.7514. LME Copper prices declined 0.8% or $46.0/MT to $5540.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1893.0/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s building permits data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD and closed at 1.3448. On the macro front, Canada’s seasonally adjusted Ivey PMI registered a drop to a level of 53.8 in May, compared … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CHF and closed at 0.9620. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.1 billion in the week ended 02 … Continue reading

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USD/JPY: Japanese Yen trading marginally lower this morning

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.93% against the JPY and closed at 109.42. The Japanese Yen gained ground, as demand for safe-haven currency increased after a fresh wave of uncertainty washed across markets … Continue reading

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GBP/USD: Pound trading a tad lower in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose slightly against the USD and closed at 1.2908. In the Asian session, at GMT0300, the pair is trading at 1.2901, with the GBP trading marginally lower against the … Continue reading

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EUR/USD: Euro-zone’s Sentix investor confidence index surged to a nearly decade high level in June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.16% against the USD and closed at 1.1277, after the Euro-zone’s Sentix investor confidence index unexpectedly rose to a nearly 10-year high level of 28.4 in June, as … Continue reading

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Trading Signals as per 06-June-2017

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 110.22 109.52 AUD/USD SELL Active 0.7522 0.7462 EUR/JPY BUY Active 122.98 123.88 NZD/USD SELL Active 0.7197 0.7147 GBP/CHF BUY Active 1.2398 1.2505 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 lower ahead of API’s weekly crude inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 0.65% against the USD and closed at USD47.45 per barrel, amid concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led … Continue reading

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