Monthly Archives: February 2017

Crude Oil: Oil trading between its MA’s this morning

Posted on February 27, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.66% against the USD and closed at USD54.01 per barrel on Friday, after Baker Hughes disclosed that US oil rig count rose by 5 to a total … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on February 27, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.93% against the USD and closed at USD18.40 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.43, … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on February 27, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.64% against the USD and closed at USD1257.90 per ounce on Friday, as political uncertainty around the world fuelled demand for the safe-haven yellow metal. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on February 27, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.57% against the USD and closed at 0.7671 on Friday. LME Copper prices declined 1.8% or $110.0/MT to $5881.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1877.0/MT. In … Continue reading →

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USD/CAD: Canada’s annual inflation accelerated at its fastest pace since October 2014 in January

Posted on February 27, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3095 on Friday. Macroeconomic data showed that Canada’s consumer price index (CPI) jumped to its highest level in more than two-years, … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the morning session

Posted on February 27, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0068 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.0076, with the USD trading 0.08% higher … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on February 27, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.68% against the JPY and closed at 111.96 on Friday. In the Asian session, at GMT0400, the pair is trading at 112.17, with the USD trading 0.19% higher … Continue reading →

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GBP/USD: UK’s mortgage approvals hit a 12-month high level in January

Posted on February 27, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.2454 on Friday. On the data front, UK’s BBA mortgage approvals surprisingly surged to a twelve-month high level of 44.7K in … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s final consumer confidence index data

Posted on February 27, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.0562 on Friday. In economic news, French consumer confidence index remained steady at a level of 100.0 in February, in line … Continue reading →

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Trading Signals as per 24-February-2017

Posted on February 24, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 111.98 112.78 AUD/USD SELL Active 0.7742 0.7682 NZD/USD BUY Active 0.7198 0.7249 GBP/CHF SELL Active 1.2684 1.2577 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil extended its gains in the morning session

Posted on February 24, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.83% against the USD and closed at USD54.37 per barrel. However, gains in crude prices were trimmed, after the Energy Information Administration (EIA) disclosed that US crude … Continue reading →

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