Monthly Archives: May 2015

GBP/USD: The BoE downgraded Britain’s growth forecast

Posted on May 14, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.5740, as the UK ILO employment figures outpaced forecasts in March. Yesterday, data indicated that UK unemployment rate fell to a … Continue reading →

Posted in GBP/USD | Comments Off

Trading Signals as per 13-May-2015

Posted on May 13, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1158 1.1268 USD/JPY SELL Active 120.22 119.52 USD/CAD BUY Active 1.1898 1.2018 AUD/USD SELL Active 0.8082 0.7982 NZD/USD BUY Active 0.7358 0.7488 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

Posted in Trading Signals | Leave a comment

EUR/USD: Euro trading higher ahead of Germany’s Q1 GDP data

Posted on May 13, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.1217. Yesterday, the EU Economic and Financial Affairs Council stated that economic outlook of Europe was improving, however none of the … Continue reading →

Posted in EUR/USD | Comments Off

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

Posted on May 13, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.36% against the USD for the 24 hour period ending 23:00GMT, closing at 61.27, as the Organization of the Petroleum Exporting Countries (OPEC) raised its 2015 world oil demand growth forecast to 1.18 … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains this morning

Posted on May 13, 2015 by GCI Financial

Silver Movement Silver prices rose 1.47% to USD 16.52 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 16.59, with the silver trading 0.48% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading higher in the Asian session

Posted on May 13, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1192.10 per ounce, as a broad weakening in the greenback coupled with a slump in the global equity markets enhanced demand … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie extends its gains this morning

Posted on May 13, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.19% against the USD to close at 0.7981. LME Copper prices rose 1.34% or $85.0/MT to $6448.0/MT. Aluminium prices rose 0.16% or $3.0/MT to $1855.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie reverses its gains in the Asian session

Posted on May 13, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.80% against the CAD to close at 1.2005. In the Asian session, at GMT0300, the pair is trading at 1.2014, with the USD trading 0.07% higher from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

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

Posted on May 13, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CHF and closed at 0.9290. In the Asian session, at GMT0300, the pair is trading at 0.9277, with the USD trading 0.14% lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on May 13, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.21% against the JPY and closed at 119.88, reversing its previous session gains. Yesterday, data showed that the preliminary estimate of Japan’s leading economic index rose to a … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher ahead of the BoE’s quarterly inflation report

Posted on May 13, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.60% against the USD and closed at 1.5668, after stronger than expected economic data in the UK. Data showed that manufacturing production in the UK climbed 0.40% MoM … Continue reading →

Posted in GBP/USD | Comments Off