Monthly Archives: May 2016

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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Trading Signals as per 06-May-2016

Posted on May 6, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9722 0.9642 USD/CAD BUY Active 1.2818 1.2908 AUD/USD SELL Active 0.7422 0.7342 GBP/CHF SELL Active 1.4109 1.3977 EUR/JPY SELL Active 122.62 121.82 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 below its MA’s

Posted on May 6, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.27% against the USD for the 24-hour period ending 23:00GMT, closing at 44.44, after a raging wildfire near Canada’s oil sands region and escalating tensions in Libya stoked concerns of a near-term shortage … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 6, 2016 by GCI Financial

Silver Movement Silver prices declined 0.32% to USD 17.39 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 17.37, with the silver trading 0.12% lower … Continue reading →

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

Posted on May 6, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.38% against the USD in the 24-hour period ending 23:00GMT, at 1278.70 per ounce, extending its losses for the fourth consecutive session, amid a broad strength in the greenback. In the Asian session, … Continue reading →

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AUD/USD: RBA slashes core inflation forecast for 2016

Posted on May 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.07% against the USD to close at 0.7470. LME Copper prices declined 1.35% or $66.0 /MT to $4826.0 /MT. Aluminium prices declined 0.59% or $9.5 /MT to $1601.5 … Continue reading →

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