Daily Archives: May 11, 2016

Trading Signals as per 11-May-2016

Posted on May 11, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1432 1.1372 USD/JPY BUY Active 108.08 108.98 USD/CAD SELL Active 1.2982 1.2872 EUR/JPY SELL Active 124.22 123.42 GBP/CHF SELL Active 1.4109 1.3991 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 lower, ahead of the EIA’s weekly crude oil inventory data

Posted on May 11, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.93% against the USD for the 24-hour period ending 23:00GMT, closing at 44.60, amid expectations that oil supply disruptions in Canada and Nigeria would help alleviate the persistent global supply glut. However, the … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 11, 2016 by GCI Financial

Silver Movement Silver prices rose 0.67% to USD 17.16 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 17.24, with the silver trading 0.5% higher … Continue reading →

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

Posted on May 11, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.14% against the USD in the 24-hour period ending 23:00GMT, at 1268.30 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1271.50, with the … Continue reading →

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AUD/USD: Australian consumer confidence leaps to a two-year high level in May

Posted on May 11, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7370. LME Copper prices declined 0.62% or $29.5 /MT to $4710.0 /MT. Aluminium prices declined 0.90% or $14.0 /MT to $1542.5 … Continue reading →

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USD/CAD: Loonie reverses its gains in the morning session

Posted on May 11, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.2915. In the Asian session, at GMT0300, the pair is trading at 1.2932, with the USD trading 0.13% higher from yesterday’s … Continue reading →

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USD/CHF: Switzerland’s jobless rate rose in April

Posted on May 11, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CHF and closed at 0.9757. In economic news, Switzerland’s seasonally adjusted unemployment rate increased in line with market expectations to 3.5% in April, from a … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 11, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.82% against the JPY and closed at 109.29. In the Asian session, at GMT0300, the pair is trading at 108.73, with the USD trading 0.52% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading flat, ahead of UK’s NIESR GDP estimate data

Posted on May 11, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.23% against the USD and closed at 1.4446, after UK’s total trade deficit narrowed to a level of £3.8 billion in March, from a revised total trade deficit … Continue reading →

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EUR/USD: Euro trading on a stronger footing in the morning session

Posted on May 11, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1372, after Germany’s seasonally adjusted industrial production declined more-than-expected by 1.3% MoM in March, dropping for the second consecutive month, compared … Continue reading →

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