Daily Archives: May 12, 2017

Trading Signals as per 12-May-2017

Posted on May 12, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.0902 1.0852 AUD/USD BUY Active 0.7348 0.7398 NZD/USD BUY Active 0.681 0.686 GBP/CHF BUY Active 1.2921 1.303 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 trading higher in the Asian session, ahead of Baker Hughes rig count data

Posted on May 12, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.91% against the USD and closed at USD47.81 per barrel, after oil ministers of Iraq and Algeria stated that they support deal to extend crude production cuts … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 12, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.8% against the USD and closed at USD16.33 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.39, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 12, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.53% against the USD and closed at USD1225.40 per ounce, amid weakness in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1226.60, with … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on May 12, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7371. LME Copper prices rose 1.2% or $68.5/MT to $5580.5/MT. Aluminium prices rose 0.9% or $17.0/MT to $1887.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new house price index climbed in March

Posted on May 12, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CAD and closed at 1.3703. On the macro front, Canada’s new housing price index registered a rise of 0.2% on a monthly basis in March, … Continue reading →

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USD/CHF: Switzerland’s consumer price inflation advanced as expected in April

Posted on May 12, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 1.0077. Macroeconomic data showed that Switzerland’s consumer price index advanced 0.2% MoM in April, meeting market expectations and compared to a … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 12, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the JPY and closed at 113.76. In economic news, data revealed that Japan’s Eco-Watchers survey for the current situation index rose to a level of 48.1 … Continue reading →

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GBP/USD: Bank of England left interest rates unchanged, lowered 2017 growth forecast

Posted on May 12, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2888, after the Bank of England (BoE) trimmed Britain’s 2017 economic growth outlook. The BoE, at its latest monetary policy meeting, … Continue reading →

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EUR/USD: European Commission lifted Euro-zone’s growth forecast for 2017

Posted on May 12, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.0862. Yesterday, the European Commission (EU), in its quarterly economic forecasts report, slightly upgraded Euro-zone’s economic growth forecast to 1.7% for … Continue reading →

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