Daily Archives: May 16, 2017

Trading Signals as per 16-May-2017

Posted on May 16, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9848 0.9938 GBP/USD BUY Active 1.2848 1.2918 AUD/USD SELL Active 0.7452 0.7392 USD/CAD BUY Active 1.3578 1.3658 GBP/CHF SELL Active 1.2822 1.2709 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Crude Oil: Oil extends its gains in the morning session

Posted on May 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.11% against the USD and closed at USD48.91 per barrel, after Energy Ministers from Saudi Arabia and Russia endorsed for a nine-month extension to OPEC’s crude production … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on May 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at USD16.62 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.71, with the silver trading 0.51% higher from … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.1% against the USD and closed at USD1230.80 per ounce, as mounting tensions over North Korea lifted demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Policymakers concerned about overheated housing market: RBA Minutes

Posted on May 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.7419. LME Copper prices rose 1.2% or $66.0/MT to $5586.0/MT. Aluminium prices rose 1.0% or $19.5/MT to $1899.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s existing home sales eased in April

Posted on May 16, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD and closed at 1.3629. Macroeconomic data showed that Canada’s existing home sales slid 1.7% on a monthly basis in April, following a rise of … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher this morning

Posted on May 16, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CHF and closed at 0.9958. On the economic front, Switzerland’s producer and import prices unexpectedly dropped 0.2% on a monthly basis in April, compared to … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on May 16, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the JPY and closed at 113.63. On the data front, Japan’s preliminary machine tool orders climbed 34.7% on an annual basis in April, after recording a … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of UK’s crucial inflation data

Posted on May 16, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.09% against the USD and closed at 1.2898. In the Asian session, at GMT0300, the pair is trading at 1.2908, with the GBP trading 0.08% higher against the … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ZEW survey data across the Euro-zone

Posted on May 16, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.0979. On the data front, Italy’s final consumer price index rose 1.9% on an annual basis in April, compared to a … Continue reading →

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