Best Gold Spreads for Active Traders - 26th June to 30th June 2023

ACY

2023-07-03 16:10:23

  • Major currency spreads excelled during EU and US sessions.
  • Gold spread at 'Good' level in quiet week.
  • DJ30 'Excellent' across all sessions. GER30: 'Good' Asia, 'Excellent' EU/US.

Major Currency Pairs - EURUSD, AUDUSD, GBPUSD and USDJPY

(Note: The above chart excludes the spread data of the first two hour after market open and the last one hour before market close to minimise the impact of outliers during illiquid market sessions) 

The Major currency spreads were generally performing at ‘Excellent’ level during EU and US session, and ‘Good’ or ‘Excellent’ during Asian session.

EURUSD spreads had been improved to between 0-1, USDJPY had been consistently within the range of 0-3 points, and AUDUSD within 0-2, which were all on ‘Excellent’ level across all trading sessions, while GBPUSD remain consistently under ‘Good’ level across all trading sessions.

Gold and US WTI Oil

(Note: The Above chart excludes the spread data of the first one hour after market open and the last one hour before market close to minimise the impact of outliers during illiquid market sessions)

Gold spread remains consistently at ‘Good’ level during last week which had been a relatively quiet week.

Dow Jones 30 and German 30 Indices

(Note: The Above chart excludes the spread data of the first one hour after market open and the last one hour before market close to minimise the impact of outliers during illiquid market sessions)

DJ30 spread maintains at ‘Excellent’ level across all trading sessions, with average spread between 150-200 points during Asian session and improves to 100-150 cents during EU and US sessions.

GER30 had improved to be mainly at ‘Good’ level during Asian session comparing then tightened to ‘Excellent’ level during EU and US sessions.

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This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

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