Monthly Archives: April 2016

Crude Oil: Oil trading on a weaker footing in the morning session

Posted on April 28, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.62% against the USD for the 24-hour period ending 23:00GMT, closing at 45.22, extending its previous session gains. Separately, the Energy Information Administration (EIA) disclosed that crude oil inventories rose by 2.0 million … Continue reading →

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Silver: White metal trading flat this morning

Posted on April 28, 2016 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 17.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.265, with the silver trading flat from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 28, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24-hour period ending 23:00GMT, at 1246.80 per ounce. However, the gains in gold prices were capped after the US Federal Reserve kept the door open for an … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on April 28, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.87% against the USD to close at 0.7603. LME Copper prices declined 0.07% or $3.5/MT to $4932.0/MT. Aluminium prices rose 0.64% or $10.5/MT to $1642.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing in the Asian session

Posted on April 28, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2588. In the Asian session, at GMT0300, the pair is trading at 1.2598, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss UBS consumption indicator edged higher in March

Posted on April 28, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9709. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator advanced to a level of 1.51 in March, following a … Continue reading →

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USD/JPY: The BoJ kept key interest rate steady

Posted on April 28, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 111.51. In the Asian session, at GMT0300, the pair is trading at 109.22, with the USD trading 2.06% lower from yesterday’s … Continue reading →

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GBP/USD: UK economy loses steam in first quarter

Posted on April 28, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.4541, after UK’s gross domestic product (GDP) growth slowed sharply in the first three months of 2016, as the looming European … Continue reading →

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

Posted on April 28, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1327, after a forward looking indicator in the Euro zone’s largest economy improved substantially in May, indicating that the European Central … Continue reading →

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Trading Signals as per 27-April-2016

Posted on April 27, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.2652 1.2572 AUD/USD BUY Active 0.7548 0.7638 NZD/USD BUY Active 0.6828 0.6890 GBP/CHF SELL Active 1.4265 1.4156 EUR/JPY SELL Active 126.42 125.52 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 trading tad higher, ahead of the EIA’s weekly crude oil inventory data

Posted on April 27, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.51% against the USD for the 24-hour period ending 23:00GMT, closing at 44.50, reversing its previous session losses, after the American Petroleum Institute (API) reported that US oil inventories surprisingly declined by 1.1 … Continue reading →

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