June 17, 2016 6:32 am
Yesterday’s trade saw GBP/USD within the range of 1.4013-1.4294. The pair closed at 1.4293, rising 0.62% compared to Wednesdays close. It has been the 26th gain in the past 60 trading days and also a second consecutive one. The daily low has been the lowest level since April 6th, when a low of 1.4004 was […]
Read moreJune 16, 2016 1:03 pm
At the start of the US trading session on Thursday, EUR/USD plunged to lows unseen since June 3rd, going down as low as 1.1165. June 3rd low of 1.1134 may serve as a short-term support, while if broken the next support may be seen at May 30th low of 1.1096. After Bank of England decided […]
Read moreJune 16, 2016 8:03 am
On Wednesday gold for delivery in August traded within the range of $1,278.80-$1,297.35. Futures closed at $1,296.75, surging 0.87% compared to Tuesday’s close. It has been the 53rd gain in the past 96 trading days, a sixth consecutive one and also the steepest one since June 8th. The daily high has been the highest price […]
Read moreJune 16, 2016 7:03 am
Yesterday’s trade saw USD/CAD within the range of 1.2826-1.2943. The pair closed at 1.2912, edging up 0.31% on a daily basis. It has been the 61st gain in the past 117 trading days and also a fifth consecutive one. The daily high has been the highest level since June 6th, when a high of 1.2984 […]
Read moreJune 16, 2016 6:25 am
Yesterday’s trade saw GBP/USD within the range of 1.4106-1.4219. The pair closed at 1.4194, rising 0.55% compared to Tuesdays close. It has been the 25th gain in the past 59 trading days and also the steepest one since June 7th. The major pair has fallen 2.09% so far in June, following a 0.92% drop in […]
Read moreJune 15, 2016 2:50 pm
On Wednesday EUR/USD traded within a relatively tight range of 1.1190-1.1242, while at the start of the US trading session the major was trading close to the upper boundary of that range. Although the incoming FOMC policy decision may have already been priced in, as some media noted, the press conference following it will be […]
Read moreJune 15, 2016 8:19 am
On Tuesday gold for delivery in August traded within the range of $1,277.80-$1,289.70. Futures closed at $1,287.50, edging up 0.24% compared to Monday’s close. It has been the 52nd gain in the past 95 trading days and also a fifth consecutive one. The daily high has been the highest price level since May 6th, when […]
Read moreJune 15, 2016 7:11 am
Yesterday’s trade saw USD/CAD within the range of 1.2815-1.2873. The pair closed at 1.2862, edging up 0.21% on a daily basis. It has been the 60th gain in the past 116 trading days and also a fourth consecutive one. The daily high has been the highest level since June 6th, when a high of 1.2984 […]
Read moreJune 15, 2016 6:27 am
Yesterday’s trade saw GBP/USD within the range of 1.4091-1.4219. The pair closed at 1.4118, plummeting 1.08% compared to Mondays close. It has been the 34th drop in the past 58 trading days. The daily low has been the lowest level since April 8th, when a low of 1.4038 was registered. The major pair has fallen […]
Read moreJune 14, 2016 3:00 pm
On Tuesday EUR/USD broke out from a tight range around 1.1280-1.1299, while at the start of the US trading session the major overcame the 1.1200 handle, marking an intraday low of 1.1189. Support may be received at the 76.4% Fibonacci (1.1173), reflecting the ascent from May 30th low to June 9th high, and then – […]
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