Monthly Archives: May 2015

Silver: White metal trading on a weaker footing this morning

Posted on May 7, 2015 by GCI Financial

Silver Movement Silver prices declined 0.21% to USD 16.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.43, with the silver trading 0.73% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on May 7, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1192.00 per ounce, as the Fed Chairperson, Janet Yellen downplayed concerns over a slowdown in the US economy, thus hitting demand … Continue reading →

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AUD/USD: Australia’s unemployment rate edged up in April

Posted on May 7, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.57% against the USD to close at 0.7967. LME Copper prices declined 0.15% or $9.5/MT to $6400.5/MT. Aluminium prices rose 0.26% or $5.0/MT to $1915.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower ahead of Canada’s building permits data

Posted on May 7, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD to close at 1.2038, after the ADP reported that job creation in the US decelerated in April. The CAD traded on a stronger footing, … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing ahead of Switzerland’s SECO consumer confidence data

Posted on May 7, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.23% against the CHF and closed at 0.9163, after the private sector employment in the US advanced less than expected in April. In the Asian session, at GMT0300, … Continue reading →

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USD/JPY: Japan’s services sector swung back into expansion territory

Posted on May 7, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.43% against the JPY and closed at 119.41, following soft economic data in the US. In the Asian session, at GMT0300, the pair is trading at 119.55, with … Continue reading →

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GBP/USD: Pound trading marginally higher ahead of UK elections

Posted on May 7, 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 1.5241, as Britain’s service sector activity expanded at the fastest pace in eight months for April. Data showed that Britain’s services … Continue reading →

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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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