Monthly Archives: February 2018

Crude Oil: Oil reverses its gains in the Asian session, ahead of API’s weekly crude oil inventories data

Posted on February 27, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.38% against the USD and closed at USD64.03 per barrel, extending its previous session gains, on the back of robust US demand and following an outage in … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 27, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.18% against the USD and closed at USD16.69 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.67, with silver … Continue reading →

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Gold: Yellow metal trading marginally lower in the morning session

Posted on February 27, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.28% against the USD and closed at USD1334.90 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

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

Posted on February 27, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.2% against the USD and closed at 0.7849. LME Copper prices rose 0.5% or $37.5/MT to $7111.0/MT. Aluminium prices declined 1.0% or $21.5/MT to $2188.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower this morning

Posted on February 27, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.2684. In the Asian session, at GMT0400, the pair is trading at 1.2686, with the USD trading slightly higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on February 27, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9384. On the data front, Switzerland’s total sight deposits inched up to a level of CHF576.0 billion in the week ended … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on February 27, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the JPY and closed at 107.04. In the Asian session, at GMT0400, the pair is trading at 106.96, with the USD trading 0.07% lower against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals grew for first time in 4 months in January

Posted on February 27, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.26% against the USD and closed at 1.3963. On the macro front, data showed that UK’s BBA mortgage approvals jumped more-than-expected to a level of 40.12K in January, … Continue reading →

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EUR/USD: Euro-zone’s economic slack may be bigger than thought, warns ECB’s Draghi

Posted on February 27, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.2311, after the European Central Bank’s (ECB) President, Mario Draghi, stuck to his pledge of pouring money into the Euro-zone economy. … Continue reading →

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Trading Signals as per 26-February-2018

Posted on February 26, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.2578 1.2658 EUR/JPY BUY Active 130.58 131.48 USD/JPY BUY Active 106.18 106.88 GBP/USD BUY Active 1.3988 1.4088 GBP/CHF BUY Active 1.3056 1.3157 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 trading on a stronger footing this morning

Posted on February 26, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.19% against the USD and closed at USD63.58 per barrel, following the shutdown of a key oilfield in Libya and hawkish remarks from Saudi Arabia’s Energy Minister. … Continue reading →

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