Monthly Archives: June 2017

AUD/USD: Australia’s HIA new home sales rebounded in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.59% against the USD and closed at 0.7381. LME Copper prices rose 0.4% or $21.0/MT to $5636.5/MT. Aluminium prices rose 0.6% or $10.5/MT to $1930.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing sector activity cooled in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.3511. In economic news, Canada’s Markit manufacturing PMI declined to a level of 55.1 in May, compared to a reading of … Continue reading

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USD/CHF: Swiss economic growth came in softer-than-expected in the first three months of 2017

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9710. On the macro front, Switzerland’s seasonally adjusted gross domestic product (GDP) climbed less-than-expected by 0.3% on a quarterly basis in … Continue reading

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USD/JPY: Japanese Yen trading lower in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.54% against the JPY and closed at 111.39. In the Asian session, at GMT0300, the pair is trading at 111.64, with the USD trading 0.22% higher against the … Continue reading

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GBP/USD: UK’s manufacturing sector growth slightly eased in May

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.2885, after the latest data indicated that UK’s manufacturing sector is sustaining most of the growth momentum. Britain’s Markit manufacturing PMI … Continue reading

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EUR/USD: Manufacturing sector growth across the Eurozone confirmed at a 6-year high level in May

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.1217. Macroeconomic data indicated that the Euro-zone’s final Markit manufacturing PMI rose to a six-year high level of 57.0 in May, … Continue reading

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Trading Signals as per 01-June-2017

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2788 1.2908 AUD/USD SELL Active 0.7442 0.7382 USD/CAD SELL Active 1.3552 1.3462 USD/JPY BUY Active 110.68 111.38 GBP/CHF SELL Active 1.2508 1.2404 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 higher in the morning session, ahead of EIA’s inventory data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.74% against the USD and closed at USD48.70 per barrel, on news that Libya had boosted its production to a three-year high of 827,000 barrels a day, … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.2% against the USD and closed at USD17.32 per ounce. In the Asian session, at GMT0300, the pair is trading at 17.33, with the silver trading 0.06% higher from … Continue reading

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Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.5% against the USD and closed at USD1271.00, per ounce, as softer economic data in the US spurred demand for the precious yellow metal. In the Asian session, at … Continue reading

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AUD/USD: Australia’s manufacturing sector activity slowed in May, retail sales jumped the most since 2014 in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7425. LME Copper prices rose 0.1% or $7.5/MT to $5615.5/MT. Aluminium prices declined 1.2% or $24.0/MT to $1919.5/MT. In the Asian … Continue reading

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