Daily Archives: May 6, 2015

Trading Signals as per 6-May-2015

Posted on May 6, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9168 0.9298 GBP/USD BUY Active 1.5128 1.5268 USD/CAD BUY Active 1.1988 1.2068 NZD/USD BUY Active 0.7398 0.7508 EUR/USD BUY Active 1.1158 1.1308 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil trading higher ahead of the EIA’s weekly crude oil data

Posted on May 6, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.07% against the USD for the 24 hour period ending 23:00GMT, closing at 60.77, amid a disruption in Libyan crude oil exports. Oil prices were also supported, after Saudi Arabia raised its official … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 6, 2015 by GCI Financial

Silver Movement Silver prices rose 0.88% to USD 16.59 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.54, with the silver trading 0.27% lower … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 6, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1193.40 per ounce, amid a broad slump in the global equity markets, thus enhancing the demand for the safe-haven yellow metal. … Continue reading →

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AUD/USD: Australian retail sales advanced less than expected in March

Posted on May 6, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.03% against the USD to close at 0.7922. LME Copper prices rose 0.75% or $48.0/MT to $6410.0/MT. Aluminium prices declined 0.44% or $8.5/MT to $1910.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher ahead of Canada’s Ivey PMI data

Posted on May 6, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD fell 0.10% against the CAD to close at 1.2082. In economic news, Canada’s international merchandise trade deficit came in at C$ 3.02 billion in March, following a revised trade … Continue reading →

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USD/CHF: Swiss Franc extends its gains in the Asian session

Posted on May 6, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CHF and closed at 0.9277. In the Asian session, at GMT0300, the pair is trading at 0.9261, with the USD trading 0.17% lower from yesterday’s … Continue reading →

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

Posted on May 6, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.16% against the JPY and closed at 119.93. In the Asian session, at GMT0300, the pair is trading at 119.94, with the USD trading a tad higher from … Continue reading →

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GBP/USD: Pound trading on a stronger footing ahead of UK’s construction PMI data

Posted on May 6, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.5172. Gains in Pound were kept in check, after Britain’s Markit construction PMI eased to 54.2, registering its lowest reading in … Continue reading →

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EUR/USD: Euro trading higher ahead of the Euro-zone’s retail sales data

Posted on May 6, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1179, on the back of upbeat assessment of the European economy by the European Commission. Yesterday, the European Commission (EC) reported … Continue reading →

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