Monthly Archives: April 2016

EUR/USD: Euro trading lower, ahead of Germany’s trade balance data

Posted on April 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1374, after the ECB Chief, Mario Draghi, stated that the Euro-zone is prone to challenges from global economic shocks and is … Continue reading →

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Trading Signals as per 7-April-2016

Posted on April 7, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 122.58 123.78 NZD/USD BUY Active 0.6790 0.6861 AUD/USD BUY Active 0.7518 0.7598 USD/JPY SELL Active 109.22 108.12 EUR/USD SELL Active 1.1462 1.1352 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on April 7, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.62% against the USD for the 24-hour period ending 23:00GMT, closing at 37.82, after the Energy Information Administration (EIA) disclosed that US crude oil inventories unexpectedly fell by 4.9 million barrels during the … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on April 7, 2016 by GCI Financial

Silver Movement Silver prices declined 0.30% to USD 15.08 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 15.09, with the silver trading 0.1% higher … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on April 7, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.52% against the USD in the 24-hour period ending 23:00GMT, at 1225.10 per ounce, amid a broad based recovery in global equity markets. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Australia’s construction sector weakened in March

Posted on April 7, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.78% against the USD to close at 0.7601. Yesterday, the RBA Assistant Governor, Chris Kent, indicated that inflation in Australia is expected to remain subdued over the next … Continue reading →

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USD/CAD: Canada’s Ivey PMI declined in March

Posted on April 7, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.3090, after the release of the latest Fed meeting minutes from March. In economic news, Canada’s seasonally adjusted Ivey purchasing managers … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on April 7, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9562. In the Asian session, at GMT0300, the pair is trading at 0.9555, with the USD trading 0.08% lower from yesterday’s … Continue reading →

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

Posted on April 7, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.49% against the JPY and closed at 109.72. In economic news, Japan’s preliminary leading index dropped in line with market expectations to a level of 99.8 in February. … Continue reading →

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GBP/USD: Pound trading on a weaker footing in the Asian session

Posted on April 7, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.20% against the USD and closed at 1.4127. In the Asian session, at GMT0300, the pair is trading at 1.4116, with the GBP trading 0.08% lower from yesterday’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of the ECB’s monetary policy meeting accounts

Posted on April 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1396. In economic news, Germany’s seasonally adjusted industrial production fell less-than-expected by 0.5% MoM in February, compared to market expectations for … Continue reading →

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