June 14, 2016 8:23 am
On Monday gold for delivery in August traded within the range of $1,273.00-$1,287.30. Futures closed at $1,285.50, rising 0.94% compared to Friday’s close. It has been the 51st gain in the past 94 trading days and also a fourth consecutive one. The daily high has been the highest price level since May 16th, when a […]
Read moreJune 14, 2016 7:15 am
Yesterday’s trade saw USD/CAD within the range of 1.2751-1.2839. The pair closed at 1.2832, edging up 0.37% on a daily basis. It has been the 59th gain in the past 115 trading days and also a third consecutive one. The daily high has been an exact test of the high from June 7th. USD/CAD has […]
Read moreJune 14, 2016 6:38 am
Yesterday’s trade saw GBP/USD within the range of 1.4116-1.4319. The pair closed at 1.4204, edging down 0.38% compared to Fridays close. It has been the 34th drop in the past 57 trading days and also a fourth consecutive one. The daily low has been the lowest level since April 14th, when a low of 1.4088 […]
Read moreJune 13, 2016 2:48 pm
The recent downswing in EUR/USD seemed to have been halted in the area between the 50.0% (1.1255) and the 61.8% (1.1219) Fibonacci levels, reflecting the ascent from May 30th low to June 9th high. At the start of the US trading session the major pair sharply advanced to an intraday high of 1.1294, which comes […]
Read moreJune 13, 2016 9:32 am
On Friday gold for delivery in August traded within the range of $1,265.30-$1,278.00. Futures closed at $1,273.40, edging up 0.25% compared to Thursday’s close. It has been the 50th gain in the past 93 trading days and also a third consecutive one. The daily high has been the highest price level since May 17th, when […]
Read moreJune 13, 2016 8:25 am
Friday’s trade saw USD/CAD within the range of 1.2656-1.2785. The pair closed at 1.2785, going up 0.50% on a daily basis. It has been the 58th gain in the past 114 trading days, a second consecutive one and also the steepest one since May 18th, when the pair advanced 0.98%. The daily high has been […]
Read moreJune 13, 2016 7:06 am
Friday’s trade saw GBP/USD within the range of 1.4177-1.4474. The pair closed at 1.4258, plummeting 1.39% compared to Thursdays close. It has been the 33rd drop in the past 56 trading days, a third consecutive one and also the steepest one since February 28th, when the pair dropped 1.78%. The daily low has been the […]
Read moreJune 12, 2016 9:28 am
Friday’s trade saw GBP/BGN within the range of 2.4649-2.5051. The pair closed at 2.4791, plummeting 0.82% on a daily basis. It has been the 12th drop in the past 23 trading days and also the steepest one since June 3rd, when the exotic cross fell 1.24%. The daily low has been the lowest level since […]
Read moreJune 11, 2016 3:42 pm
Friday’s trade saw AUD/USD within the range of 0.7371-0.7425. The pair closed at 0.7375, losing 0.51% on a daily basis. It has been the 11th drop in the past 24 trading days and also a second consecutive one. The daily low has been the lowest level since June 7th, when a low of 0.7356 was […]
Read moreJune 10, 2016 1:18 pm
After making an exact test of the key monthly Pivot Point (1.1282) at the start of US trade, EUR/USD bounced back above the 1.1300 handle, but the upside seemed limited. A break below 1.1282 may trigger a move to the daily 50-period Exponential Moving Average (1.1263) and then – to the 61.8% Fibonacci, which reflects […]
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