Monthly Archives: May 2015

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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Trading Signals as per 5-May-2015

Posted on May 5, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 120.52 119.82 EUR/JPY SELL Active 134.02 132.92 NZD/USD SELL Active 0.7562 0.7492 AUD/USD BUY Active 0.7838 0.7908 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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AUD/USD: The RBA cuts interest rates to historic low

Posted on May 5, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.7841. LME Copper prices rose 1.87% or $117.0/MT to $6362.0/MT. Aluminium prices rose 0.50% or $9.5/MT to $1919.0/MT. In the Asian … Continue reading →

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Crude Oil: Oil trading below its MA’s

Posted on May 5, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 58.96, after manufacturing activity in China further slipped in to contraction in April, thus hitting the demand outlook of the … Continue reading →

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Silver: White metal trading flat this morning

Posted on May 5, 2015 by GCI Financial

Silver Movement Silver prices rose 1.67% to USD 16.44 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 16.44, with the silver trading flat from … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on May 5, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1187.80 per ounce, despite the greenback strengthening against some major currencies. Separately, gold holdings in the SPDR Gold Trust, edged up … Continue reading →

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