June 23, 2016 12:32 pm
In early European trade GBP/USD reached highs unseen since December 24th 2015, rising to an intraday high of 1.4947, as an online poll by the Populus market research company revealed that 55% of the total 4 700 respondents voted in favor of the “remain” campaign, while 45% supported “Brexit”. The next potential levels of resistance […]
Read moreJune 23, 2016 8:32 am
On Wednesday gold for delivery in August traded within the range of $1,263.50-$1,273.40. Futures closed at $1,265.35, edging down 0.41% compared to Tuesday’s close. It has been the 149th drop in the past 278 trading days and also a fourth consecutive one. The daily low has been the lowest price level since June 9th, when […]
Read moreJune 23, 2016 7:38 am
Yesterday’s trade saw USD/CAD within the range of 1.2742-1.2854. The pair closed at 1.2843, edging up 0.20% compared to Tuesdays close. It has been the 152nd gain in the past 278 trading days and also a second consecutive one. The daily high has been the highest level since June 20th, when a high of 1.2893 […]
Read moreJune 23, 2016 6:36 am
Yesterday’s trade saw GBP/USD within the range of 1.4642-1.4775. The pair closed at 1.4708, rising 0.42% compared to Tuesdays close. It has been the 127th gain in the past 278 trading days. The major pair has added 1.86% to its value so far in June, following a 0.92% drop in the prior month. At 6:34 […]
Read moreJune 22, 2016 1:32 pm
After marking an intraday low of 1.1237 during the early phase of the Asian trading session, EUR/USD has gradually neutralized losses and moved back above 1.1300 in early US trade and ahead of Fed Chair Yellens testimony before the House Financial Services Committee. The weekly R1 pivot (1.1345) and then, the high from June 20th […]
Read moreJune 22, 2016 8:48 am
On Tuesday gold for delivery in August traded within the range of $1,266.30-$1,293.90. Futures closed at $1,271.75, plummeting 1.41% compared to Monday’s close. It has been the 148th drop in the past 277 trading days, a third consecutive one and also the steepest one since May 24th, when the yellow metal fell 1.77%. The daily […]
Read moreJune 22, 2016 7:27 am
Yesterday’s trade saw USD/CAD within the range of 1.2763-1.2826. The pair closed at 1.2805, inching down 0.01% compared to Mondays close. It has been the 127th drop in the past 277 trading days and also a third consecutive one. The daily low has been the lowest level since June 13th, when a low of 1.2747 […]
Read moreJune 22, 2016 6:34 am
Yesterday’s trade saw GBP/USD within the range of 1.4617-1.4781. The pair closed at 1.4664, shedding 0.24% compared to Mondays close. It has been the 151st drop in the past 277 trading days. The daily high has been the highest level since January 4th, when a high of 1.4815 was registered. The major pair has added […]
Read moreJune 21, 2016 1:54 pm
At the start of the US trading session on Tuesday, EUR/USD broke below the psychological 1.1300 level, reaching an intraday low of 1.1247, or a level unseen since last Friday, after in a statement European Central Bank President, Mario Draghi, noted that further stimulus might be “in the pipeline”. The major pair may receive support […]
Read moreJune 21, 2016 8:09 am
On Monday gold for delivery in August traded within the range of $1,280.50-$1,294.15. Futures closed at $1,290.95, edging down 0.12% compared to Friday’s close. It has been the 147th drop in the past 276 trading days and also a second consecutive one. The daily low has been an almost exact test of the low from […]
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