June 10, 2016 8:35 am
On Thursday gold for delivery in August traded within the range of $1,258.10-$1,272.30. Futures closed at $1,268.00, surging 0.65% compared to Wednesday’s close. It has been the 49th gain in the past 92 trading days and also a second consecutive one. The daily high has been the highest price level since May 18th, when a […]
Read moreJune 10, 2016 7:17 am
Yesterday’s trade saw USD/CAD within the range of 1.2671-1.2765. The pair closed at 1.2732, going up 0.29% on a daily basis. It has been the 57th gain in the past 113 trading days. The daily high has been a higher-high test of the high from June 8th. The major pair has gone down 2.75% so […]
Read moreJune 10, 2016 6:39 am
Yesterday’s trade saw GBP/USD within the range of 1.4447-1.4527. The pair closed at 1.4463, shedding 0.27% compared to Wednesdays close. It has been the 32nd drop in the past 55 trading days and also a second consecutive one. The daily low has been the lowest level since June 7th, when a low of 1.4433 was […]
Read moreJune 9, 2016 1:32 pm
At the start of the US trading session, EUR/USD broke below the 50% Fibonacci (1.1357), reflecting the descent from May 3rd high to May 30th low, on the back of upbeat US initial jobless claims. The number of people in the United States, who filed for unemployment assistance for the first time during the business […]
Read moreJune 9, 2016 8:24 am
On Wednesday gold for delivery in August traded within the range of $1,247.30-$1,268.95. Futures closed at $1,267.55, surging 1.85% compared to Tuesday’s close. It has been the 48th gain in the past 91 trading days and also the steepest one since June 3rd, when the precious metal advanced 2.50%. The daily high has been the […]
Read moreJune 9, 2016 7:04 am
Yesterday’s trade saw USD/CAD within the range of 1.2655-1.2760. The pair closed at 1.2687, retreating 0.38% on a daily basis. It has been the 56th drop in the past 112 trading days and also a fourth consecutive one. The daily low has been the lowest level since May 3rd, when a low of 1.2458 was […]
Read moreJune 9, 2016 6:34 am
Yesterday’s trade saw GBP/USD within the range of 1.4501-1.4601. The pair closed at 1.4514, shedding 0.21% compared to Tuesdays close. It has been the 31st drop in the past 54 trading days. The major pair has edged up 0.28% so far in June, following a 0.92% drop in the prior month. At 6:32 GMT today […]
Read moreJune 8, 2016 2:59 pm
At the start of the US trading session, EUR/USD broke above the key psychological level of 1.1400, but the upside was halted close to the 61.8% Fibonacci level (1.1416), reflecting the descent from May 3rd high to May 30th low. In case of a break above it, the next resistance may be within the 1.1450-1.1465 […]
Read moreJune 8, 2016 8:10 am
On Tuesday gold for delivery in August traded within the range of $1,237.00-$1,249.05. Futures closed at $1,246.45, inching down 0.07% compared to Monday’s close. It has been the 43rd drop in the past 90 trading days. The commodity has added 3.33% to its value so far during the current month, following a 5.77% slump in […]
Read moreJune 8, 2016 6:59 am
Yesterday’s trade saw USD/CAD within the range of 1.2734-1.2840. The pair closed at 1.2761, retreating 0.44% on a daily basis. It has been the 55th drop in the past 111 trading days and also a third consecutive one. The daily low has been the lowest level since May 4th, when a low of 1.2693 was […]
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