Gold: Yellow metal trading a tad higher this morning

Gold Movement Gold prices traded 0.12% higher against the USD in the 24-hour period ending 23:00GMT, at USD1318.20 per ounce, reversing its previous session losses, amid a broad weakness in the greenback. Separately, holdings in SPDR Gold Trust, the world’s … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7446. LME Copper prices rose 0.05% or $2.5/MT to $4780.0/MT. Aluminium prices rose 0.72% or $11.5/MT to $1614.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading a tad higher, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD to close at 1.2943. In the Asian session, at GMT0300, the pair is trading at 1.2941, with the USD trading marginally lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss UBS consumption indicator advanced in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9793. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator rose to a level of 1.35 in May, from a … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s factory output dropped to a three-year low level in May

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.86. In the Asian session, at GMT0300, the pair is trading at 102.75, with the USD trading 0.11% lower against the … Continue reading

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower, ahead of UK’s final Q1 GDP data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.71% against the USD and closed at 1.3448, after a string of optimistic economic releases from the UK. Yesterday, data showed that Britain’s net consumer credit advanced in … Continue reading

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading lower, ahead of the Euro-zone’s flash CPI data for June

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.46% against the USD and closed at 1.1121. On the macroeconomic front, in Germany, the Euro-zone’s largest economy, the GfK consumer confidence index surprisingly rose to a level … Continue reading

Posted in EUR/USD | Comments Off

Trading Signals as per 29-June-2016

Pair Action Status Stop Loss Take Profit EYR/USD SELL Active 1.1152 1.1052 GBP/USD SELL Active 1.3492 1.3272 USD/JPY SELL Active 102.82 102.02 USD/CAD SELL Active 1.3092 1.2992 NZD/USD BUY Active 0.7035 0.7118 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading slightly higher, ahead of the EIA’s weekly crude oil inventory data

Crude Oil Movement Crude Oil prices jumped 3.30% against the USD for the 24-hour period ending 23:00GMT, closing at 48.22, climbing for the first time in three sessions, as a potential strike by Norwegian oil workers threatened to cut crude … Continue reading

Posted in Crude Oil | Comments Off

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

Silver Movement Silver prices rose 0.17% to USD 17.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 18.085, with the silver trading 1.23% higher from yesterday’s close, tracking gains … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the morning session

Gold Movement Gold prices traded 0.87% lower against the USD in the 24-hour period ending 23:00GMT, at USD1316.60 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1322.70, … Continue reading

Posted in Gold | Comments Off