Daily Archives: May 3, 2016

Trading Signals as per 03-May-2016

Posted on May 3, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1558 1.1638 USD/CHF SELL Active 0.9502 0.9422 GBP/USD SELL Active 1.4842 1.4722 USD/CAD SELL Active 1.2532 1.2452 GBP/CHF BUY Active 1.3845 1.3975 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 higher, ahead of the API’s weekly crude oil inventory data

Posted on May 3, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.54% against the USD for the 24-hour period ending 23:00GMT, closing at 44.82, after data showed that crude production by the Organization of the Petroleum Exporting Countries (OPEC) reached an all-time peak of … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 3, 2016 by GCI Financial

Silver Movement Silver prices declined 1.65% to USD 17.60 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 17.665, with the silver trading 0.4% higher … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the morning session

Posted on May 3, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.14% against the USD in the 24-hour period ending 23:00GMT, at 1293.10 per ounce, reversing its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1296.2, with the … Continue reading →

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AUD/USD: The RBA cuts interest rate to new low of 1.75%

Posted on May 3, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.80% against the USD to close at 0.7669. LME Copper prices rose 2.70% or $132.5/MT to $5045.0/MT. Aluminium prices rose 1.46% or $24.0/MT to $1673.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of the BoC Governor’s speech

Posted on May 3, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 1.2526. The CAD gained ground, after Canada’s RBC manufacturing PMI advanced to a 16-month high level of 52.2 in April, from … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s SECO consumer confidence index data

Posted on May 3, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CHF and closed at 0.9549. In economic news, Switzerland’s real retail sales declined by 1.3% YoY in March, following a revised 0.4% fall in the … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing in the morning session

Posted on May 3, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 106.44. In economic news, Japan’s final Nikkei manufacturing PMI dropped to a three-year low level of 48.2 in April, compared to … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of UK’s Markit manufacturing PMI data

Posted on May 3, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.49% against the USD and closed at 1.4666. On Friday, data showed that UK’s mortgage approvals unexpectedly declined to a four-month low level of 71.4K in March, weighed … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on May 3, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.62% against the USD and closed at 1.1527. In economic news, the Euro-zone’s final Markit manufacturing PMI unexpectedly rose to a level of 51.7 in April, compared to … Continue reading →

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