Daily Archives: May 9, 2016

Trading Signals as per 09-May-2016

Posted on May 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 107.38 108.18 USD/CAD BUY Active 1.2888 1.2978 NZD/USD BUY Active 0.6790 0.6852 GBP/CHF BUY Active 1.3916 1.4030 EUR/USD SELL Active 1.1442 1.1372 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 on a stronger footing in the Asian session

Posted on May 9, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.41% against the USD for the 24-hour period ending 23:00GMT, closing at 44.62, after Baker Hughes reported that the US oil rig count declined by 4 to a level of 328 in the … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on May 9, 2016 by GCI Financial

Silver Movement Silver prices rose 0.69% to USD 17.51 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.45, with the silver trading 0.31% lower … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 9, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.94% against the USD in the 24-hour period ending 23:00GMT, at 1290.70 per ounce, after a weaker-than-expected US non-farm payrolls report led to speculation that the timing of the next interest rate hike … Continue reading →

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

Posted on May 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.37% against the USD to close at 0.7368. LME Copper prices declined 0.33% or $16.0 /MT to $4810.0 /MT. Aluminium prices declined 0.16% or $2.5 /MT to $1599.0 … Continue reading →

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USD/CAD: Canada’s unemployment rate held steady in April

Posted on May 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.2913. In economic news, Canada’s unemployment rate remained steady at 7.1% in April, compared to investor expectations for it to rise … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s consumer price inflation data

Posted on May 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9719. In economic news, Switzerland’s foreign currency reserves rose to a level of CHF587.6 billion in April, following a reading of … Continue reading →

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USD/JPY: BoJ concerned about weakening consumer sentiment, reveals March minutes

Posted on May 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.14% against the JPY and closed at 107.11. In the Asian session, at GMT0300, the pair is trading at 107.27, with the USD trading 0.15% higher from Friday’s … Continue reading →

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GBP/USD: Pound extends its losses in the Asian session

Posted on May 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.40% against the USD and closed at 1.4432. In the Asian session, at GMT0300, the pair is trading at 1.4424, with the GBP trading marginally lower from Friday’s … Continue reading →

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EUR/USD: Euro trading tad lower, ahead of Germany’s factory orders data

Posted on May 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR traded flat against the USD and closed at 1.1404. In economic news, Germany’s construction PMI declined to a five-month low level of 53.4 in April, mainly led by a … Continue reading →

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