Monthly Archives: June 2017

Gold: Yellow metal extends its gains in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.39% against the USD and closed at USD1248.10 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1252.60, … Continue reading

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AUD/USD: Aussie Dollar trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7588. LME Copper prices rose 0.3% or $18.0/MT to $5789.0/MT. Aluminium prices rose 0.4% or $6.5/MT to $1861.5/MT. In the Asian … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3174. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.2% lower against the … Continue reading

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USD/CHF: Swiss Franc trading a tad higher, ahead of Switzerland’s ZEW expectations and UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.29% against the CHF and closed at 0.9600. In the Asian session, at GMT0300, the pair is trading at 0.9598, with the USD trading slightly lower against the … Continue reading

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USD/JPY: Japanese Yen reverses its losses in the morning session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the JPY and closed at 112.21. In the Asian session, at GMT0300, the pair is trading at 112.10, with the USD trading 0.1% lower against the … Continue reading

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GBP/USD: BoE raised its capital requirements for banks amid Brexit risks

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.79% against the USD and closed at 1.2819. Yesterday, the Bank of England, in its bi-annual Financial Stability Report, warned of possible threats of a “hard Brexit” on … Continue reading

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EUR/USD: Stimulus could be scaled back if economy improves: ECB President

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.44% against the USD and closed at 1.1341, following hawkish remarks from the European Central Bank (ECB) President, Mario Draghi. The ECB Chief signalled that the central bank … Continue reading

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Trading Signals as per 27-June-2017

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1198 1.1268 GBP/USD BUY Active 1.2688 1.2798 AUD/USD SELL Active 0.7642 0.7592 USD/CAD BUY Active 1.3198 1.3258 NZD/USD BUY Active 0.7289 0.7344 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 reverses its losses in the morning session, ahead of API’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.18% against the USD and closed at USD43.41 per barrel, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 43.48, … Continue reading

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Silver: White metal trading marginally higher this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.72% against the USD and closed at USD16.59 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.60, with the … Continue reading

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Gold: Yellow metal trading a tad higher in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.92% against the USD and closed at USD1245.10 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1245.20, … Continue reading

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