Daily Archives: May 29, 2015

Trading Signals as per 29-May-2015

Posted on May 29, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1022 1.0912 USD/CHF SELL Active 0.9522 0.9402 GBP/USD BUY Active 1.5198 1.5328 USD/JPY SELL Active 124.42 123.42 NZD/USD BUY Active 0.7078 0.7178 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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GBP/USD: Britain’s grows less than expected

Posted on May 29, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.5321, as a disappointing UK’s first quarter GDP data dampened investor sentiment. Data showed that the second estimate of UK’s GDP … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on May 29, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.80% against the USD for the 24 hour period ending 23:00GMT, closing at 58.17, after the Energy information Administration (EIA) showed that US crude oil stocks dropped for the fourth week, easing more … Continue reading →

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Silver: White metal trading marginally higher in the Asian session

Posted on May 29, 2015 by GCI Financial

Silver Movement Silver prices rose 0.12% to USD 16.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.705, with the silver trading a tad higher from yesterday’s close. The … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 29, 2015 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1188.80 per ounce, as a lower greenback coupled with the ongoing uncertainty in Greece bolstered the demand of the safe-haven yellow metal. … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on May 29, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.98% against the USD to close at 0.7658. LME Copper prices rose 0.53% or $32.0/MT to $6117.0/MT. Aluminium prices rose 1.18% or $20.0/MT to $1719.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s Q1 GDP data

Posted on May 29, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD to close at 1.2424, reversing its previous session gains. In economic news, Canada’s current account deficit expanded to C$17.50 billion in 1Q 2015, compared … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing ahead of Switzerland’s Q1 GDP data

Posted on May 29, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CHF and closed at 0.9425. On the macro front, industrial production in Switzerland retreated 0.5% QoQ in the first quarter of 2015, following a 2.7% … Continue reading →

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USD/JPY: Japan’s CPI came in weak at 0.6%

Posted on May 29, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 123.83. Yesterday, the BoJ Governor, Haruhiko Kuroda, mentioned that he does not see any “asset bubble” emerging in the Japanese economy … Continue reading →

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EUR/USD: Euro trading lower ahead of Germany’s retail sales data

Posted on May 29, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.60% against the USD and closed at 1.0968, as forex traders continuously monitored high-level discussions in Brussels regarding the Greek debt crisis. In the US, number of people … Continue reading →

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