Monthly Archives: May 2015

EUR/USD: Euro trading lower ahead of Germany’s Gfk consumer confidence data

Posted on May 27, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.87% against the USD and closed at 1.0884, as ongoing concerns about a possible Greek default with its international creditors weighed on the common-currency. In the US, the … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on May 27, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.12% against the USD to close at 0.7741. LME Copper prices declined 1.02% or $63.0/MT to $6134.5/MT. Aluminium prices declined 0.90% or $15.5/MT to $1710.5/MT. In the Asian … Continue reading →

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Crude Oil: Oil prices trading lower in the Asian session

Posted on May 27, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.39% against the USD for the 24 hour period ending 23:00GMT, closing at 58.43, as the greenback strengthened along with increasing possibility that US shale oil producers may increase their drilling activity. In … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 27, 2015 by GCI Financial

Silver Movement Silver prices declined 2.22% to USD 16.73 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 16.775, with the silver trading 0.27% higher … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 27, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 1.61% against the USD in the 24 hour period ending 23:00GMT, at 1188.10 per ounce, as the greenback rallied against its peers, denting the appeal of the commodities as an alternative investment. Separately, … Continue reading →

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USD/CAD: Loonie trading lower ahead of the BoC’s interest rate decision

Posted on May 27, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.93% against the CAD to close at 1.2424. In the Asian session, at GMT0300, the pair is trading at 1.2433, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s UBS consumption indicator data

Posted on May 27, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CHF and closed at 0.9528, as the US new home sales and consumer confidence data revealed upbeat figures. The Swiss Franc came under pressure, after … Continue reading →

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GBP/USD: Pound trading a tad lower in the Asian session

Posted on May 27, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.53% against the USD and closed at 1.5392. Yesterday, data indicated that UK’s CBI distributive trade survey’s retail sales balance rose to a level of 51.00% in May, … Continue reading →

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Trading Signals as per 26-May-2015

Posted on May 26, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9458 0.9538 AUD/USD BUY Active 0.7738 0.7808 NZD/USD SELL Active 0.7322 0.7252 USD/JPY BUY Active 122.18 122.88 GBP/CHF SELL Active 1.4712 1.4592 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

Posted on May 26, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 121.55. In the Asian session, at GMT0300, the pair is trading at 121.76, with the USD trading 0.18% higher from yesterday’s … Continue reading →

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Crude Oil: Oil trading between its MA’s

Posted on May 26, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 59.86, after Iran’s Oil Minister, Bijan Zanganeh mentioned that the OPEC will maintain its monthly oil production limit. In the … Continue reading →

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