Monthly Archives: May 2015

Silver: White metal reverses its losses this morning

Posted on May 8, 2015 by GCI Financial

Silver Movement Silver prices declined 1.48% to USD 16.31 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.32, with the silver trading 0.09% higher … Continue reading →

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Gold: Yellow metal trading flat in the Asian session

Posted on May 8, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1183.10 per ounce, as better than expected initial jobless claims data in the US, dented demand for the safe-haven metal as … Continue reading →

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AUD/USD: The RBA cuts GDP growth forecasts

Posted on May 8, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.7902. LME Copper prices rose 0.57% or $36.5/MT to $6437.0/MT. Aluminium prices declined 2.35% or $45.0/MT to $1870.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower ahead of Canada’s unemployment rate data

Posted on May 8, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.2106. On the macro front, Canada’s building permits rebounded 11.6% on a monthly basis, registering its first increase in 3-months in … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of the SNB President’s speech

Posted on May 8, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9225, rebounding from its previous session losses. In economic news, Switzerland’s SECO consumer confidence index remained unchanged at -6.0 in April, … Continue reading →

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USD/JPY: Japan’s economy continues to recover, indicated the BoJ minutes

Posted on May 8, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.26% against the JPY and closed at 119.72. In the Asian session, at GMT0300, the pair is trading at 119.96, with the USD trading 0.2% higher from yesterday’s … Continue reading →

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GBP/USD: Exit poll predicts Conservative win in UK general elections

Posted on May 8, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.87% against the USD and closed at 1.5374, after the first exit polls showed that Britain’s Prime Minister, David Cameron would retain his power. In the Asian session, … Continue reading →

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EUR/USD: Euro trading lower ahead of series of economic data from Germany

Posted on May 8, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.1239. In economic news, German factory orders rose 0.9% on a monthly basis in March, following two successive months of decline … Continue reading →

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Trading Signals as per 7-May-2015

Posted on May 7, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1278 1.1408 USD/CHF BUY Active 0.9098 0.9208 GBP/USD BUY Active 1.5158 1.5298 USD/CAD SELL Active 1.2092 1.2012 NZD/USD SELL Active 0.7562 0.7472 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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EUR/USD: Euro trading flat ahead of Germany’s construction PMI data

Posted on May 7, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.46% against the USD and closed at 1.1343, after the final estimate of the Euro-zone’s services PMI rose more than expected in April. Yesterday, the Euro-zone’s services PMI … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on May 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 60.43. Losses in oil prices were trimmed after the Energy Information Administration reported that the US crude oil stocks unexpectedly … Continue reading →

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