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Gold trading outlook: futures rebound on lower Fed rate hike expectations

August 15, 2016 9:18 am
On Friday (in GMT terms) gold for delivery in December traded within the range of $1,338.3-$1,362.5. Futures closed at $1,343.2, edging down 0.50% compared to Thursday’s close. It has been the 166th drop in the past 315 trading days and also a second consecutive one. The daily low has been the lowest level since August […] Read more

Forex Market: USD/CAD trading outlook for August 15th 2016

August 15, 2016 7:58 am
Friday’s trade (in GMT terms) saw USD/CAD within the range of 1.2924-1.2995. The pair closed at 1.2953, edging down 0.32% compared to Thursdays close. It has been the 148th drop in the past 315 trading days and also a fifth consecutive one. The daily low has been the lowest level since July 15th, when a […] Read more

Forex Market: GBP/USD trading outlook for August 15th 2016

August 15, 2016 6:40 am
Friday’s trade (in GMT terms) saw GBP/USD within the range of 1.2903-1.3036. The pair closed at 1.2915, losing 0.32% compared to Thursdays close. It has been the 172nd drop in the past 315 trading days and also a second consecutive one. The daily low has been the lowest level since July 11th, when a low […] Read more

Forex Market: AUD/USD trading outlook for August 15th 2016

August 14, 2016 9:35 am
Friday’s trade (in GMT terms) saw AUD/USD within the range of 0.7646-0.7726. The pair closed at 0.7650, losing 0.64% compared to Thursdays close. It has been the 10th drop in the past 22 trading days, a second consecutive one and also the steepest one since August 1st. In weekly terms, AUD/USD added 0.41% to its […] Read more

Forex Market: NZD/USD trading outlook for August 15th

August 13, 2016 6:14 pm
Friday’s trade (in GMT terms) saw NZD/USD within the range of 0.7186-0.7257. The pair closed at 0.7197, shedding 0.17% compared to Thursdays close. It has been the 13th drop in the past 23 trading days. In weekly terms, NZD/USD added 0.76% to its value during the current week. It has been the 16th gain in […] Read more

Binary Tribune’s Trading Signals for August 12th 2016

August 12, 2016 10:07 am
EUR/USD: Buy at 1.1121, TP1 – 1.1142, TP2 – 1.1147, TP3 – 1.1153, SL – 1-2 pips below 1.1106. Sell at 1.1153, TP1 – 1.1132, TP2 – 1.1127, TP3 – 1.1121, SL – 1-2 pips above 1.1168. If break and close above 1.1168, buy with TP at 1.1194, SL – 1-2 pips below 1.1153. If […] Read more

Forex Market: USD/CAD trading outlook for August 12th 2016

August 12, 2016 7:55 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.2958-1.3081. The pair closed at 1.2994, edging down 0.49% compared to Tuesdays close. It has been the 147th drop in the past 314 trading days and also a fourth consecutive one. The daily low has been the lowest level since July 19th, when a […] Read more

Forex Market: GBP/USD trading outlook for August 12th 2016

August 12, 2016 7:13 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2935-1.3030. The pair closed at 1.2956, losing 0.42% compared to Wednesdays close. It has been the 171st drop in the past 314 trading days. The daily low has been the lowest level since July 11th, when a low of 1.2851 was registered. The major […] Read more

Binary Tribune’s Trading Signals for August 11th 2016

August 11, 2016 10:58 am
EUR/USD: Buy at 1.1154, TP1 – 1.1183, TP2 – 1.1191, TP3 – 1.1198, SL – 1-2 pips below 1.1132. Sell at 1.1198, TP1 – 1.1169, TP2 – 1.1161, TP3 – 1.1154, SL – 1-2 pips above 1.1220. If break and close above 1.1220, buy with TP at 1.1256, SL – 1-2 pips below 1.1198. If […] Read more