Monthly Archives: May 2016

GBP/USD: Pound trading higher, ahead of UK’s consumer price index data

Posted on May 17, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.43% against the USD and closed at 1.4410. However, the Pound is under immense pressure amid fears surrounding the UK referendum on EU membership In the Asian session, … Continue reading →

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s trade balance data

Posted on May 17, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1313. In the US, the NAHB housing market index remained steady for the fourth consecutive month at a level of 58.0 … Continue reading →

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Trading Signals as per 16-May-2016

Posted on May 16, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1278 1.1338 USD/JPY SELL Active 109.32 108.42 AUD/USD BUY Active 0.7258 0.6852 NZD/USD BUY Active 1.3916 1.4030 GBP/CHF 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 morning session

Posted on May 16, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.15% against the USD for the 24-hour period ending 23:00GMT, closing at 46.29, reversing its three consecutive session gains, after the Organization of the Petroleum Exporting Countries (OPEC) in its monthly report indicated … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 16, 2016 by GCI Financial

Silver Movement Silver prices rose 0.35% to USD 17.13 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 17.25, with the silver trading 0.67% higher … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 16, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.65% against the USD in the 24-hour period ending 23:00GMT, at 1275.20 per ounce, reversing its previous session gains. However, the gains in gold prices were capped after an upbeat US retail sales … Continue reading →

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

Posted on May 16, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.72% against the USD to close at 0.7269. LME Copper prices declined 1.77% or $84.0/MT to $4660.0/MT. Aluminium prices declined 1.04% or $16.0/MT to $1529.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of the BoC’s quarterly review report

Posted on May 16, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD to close at 1.2934, after US retail sales advanced more-than-expected in April. In the Asian session, at GMT0300, the pair is trading at 1.2933, … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on May 16, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CHF and closed at 0.9744, following the release of robust US retail sales data. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on May 16, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.27% against the JPY and closed at 108.63. In the Asian session, at GMT0300, the pair is trading at 108.97, with the USD trading 0.31% higher from Friday’s … Continue reading →

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

Posted on May 16, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.55% against the USD and closed at 1.4367, after UK’s seasonally adjusted construction output declined more-than-expected by 3.6% MoM in March, its third consecutive drop, as heightened uncertainty … Continue reading →

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