Daily Archives: May 2, 2017

Crude Oil: Oil trading slightly higher in the Asian session

Posted on May 2, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.98% against the USD and closed at USD48.74 per barrel, as concerns over rising US crude output and increasing exports from Libya stoked worries of a global … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses in the morning session

Posted on May 2, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.4% against the USD and closed at USD16.89 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.93, with the silver trading 0.21% higher from … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading a tad higher in the morning session

Posted on May 2, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.63% against the USD and closed at USD1257.00 per ounce, amid strength in the US equities. In the Asian session, at GMT0300, the pair is trading at 1257.60, with … Continue reading →

Posted in Gold | Comments Off

AUD/USD: RBA keeps interest rate on hold

Posted on May 2, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.67% against the USD and closed at 0.7526. Over the weekend, data revealed that Australia’s AIG performance of manufacturing index advanced to a level of 59.2 in April, … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s manufacturing sector activity advanced in April

Posted on May 2, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3673. In economic news, Canada’s Markit manufacturing PMI rose to a level of 55.9 in April, compared to a level of … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc reverses its gains, ahead of Switzerland’s SVME–PMI data

Posted on May 2, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9955. On Friday, data showed that Switzerland’s KOF leading indicator unexpectedly dropped to a level of 106.0 in April, compared to … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Members agreed to closely monitor Japan’s inflation: BoJ minutes

Posted on May 2, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 111.85. In the Asian session, at GMT0300, the pair is trading at 111.84, with the USD trading slightly lower against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s economic growth sharply slowed in the first quarter of 2017

Posted on May 2, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.11% against the USD and closed at 1.2897. On Friday, data indicated that UK’s flash gross domestic product (GDP) climbed 0.3% QoQ in the first three months of … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad higher, ahead of the Euro-zone’s unemployment rate data

Posted on May 2, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.15% against the USD and closed at 1.0909. On Friday, data indicated that the Euro-zone’s flash consumer price index (CPI) climbed more-than-anticipated by 1.9% on an annual basis … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 2-May-2017

Posted on May 2, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2828 1.2898 USD/CAD SELL Active 1.3702 1.3642 GBP/CHF SELL Active 1.2874 1.2789 AUD/USD SELL Active 0.7562 0.7512 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading slightly higher in the Asian session

Posted on May 2, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.98% against the USD and closed at USD48.74 per barrel, as concerns over rising US crude output and increasing exports from Libya stoked worries of a global … Continue reading →

Posted in Crude Oil | Comments Off