Monthly Archives: February 2016

USD/JPY: Japanese Yen trading higher in the Asian session

Posted on February 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 115.19. On the economic front, Japan’s preliminary estimate of machine tool orders recorded a fall of 17.2% YoY in January, following … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading tad higher, ahead of UK’s industrial and manufacturing production data

Posted on February 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.4467, after UK’s total trade deficit declined more than anticipated to £2.71 billion, compared to a revised deficit of £4.03 billion … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Germany’s industrial production fell sharply in December

Posted on February 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.83% against the USD and closed at 1.1290. In economic news, Germany’s seasonally adjusted industrial production surprisingly dropped 1.2% MoM in December, registering its strongest drop since August … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 9-February-2016

Posted on February 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9932 0.9802 GBP/USD SELL Active 1.4542 1.4382 AUD/USD SELL Active 0.7092 0.7012 EUR/JPY SELL Active 130.02 128.32 NZD/USD BUY Active 0.6584 0.6659 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Silver: White metal trading higher this morning

Posted on February 9, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 4.11% against the USD and closed at 15.39, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.405, with the silver … Continue reading →

Posted in Silver | Comments Off

Crude Oil: Oil trading lower, ahead of the API’s weekly crude oil inventory data

Posted on February 9, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil declined 2.3% against the USD and closed at 30.18, as persistent fears of global supply glut continue to pose negative impact on the commodity’s price. In the … Continue reading →

Posted in Crude Oil | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on February 9, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 2.91% against the USD and closed at 1191.40, as sliding global equity markets and concerns about global economic growth, increased the demand of the safe-haven yellow metal. In … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading on a weaker footing, ahead of Australia’s Westpac consumer confidence data

Posted on February 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose marginally against the USD and closed at 0.7078. LME Copper prices declined 2.07% or $ 96.5/MT to $ 4572.50/MT. Aluminium prices declined 2.29% or $ 35.0/MT to $ … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading lower this morning

Posted on February 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.3933. In economic news, Canada’s building permits advanced more-than-anticipated by 11.3% MoM in December, following a drop of 19.9% in the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s unemployment rate data

Posted on February 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.51% against the CHF and closed at 0.9871. On the macroeconomic front, Switzerland’s total sight deposits marginally edged down to a level of CHF472.5 billion in the week … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on February 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.17% against the JPY and closed at 115.57. In the Asian session, at GMT0400, the pair is trading at 114.47, with the USD trading 0.96% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off