Monthly Archives: May 2016

USD/CHF: Swiss Franc trading lower this morning

Posted on May 5, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CHF and closed at 0.9572. In economic news, Switzerland’s UBS real estate bubble index declined to a level of 1.38 in 1Q 2016, its first … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the Asian session

Posted on May 5, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.12% against the JPY and closed at 106.94. In the Asian session, at GMT0300, the pair is trading at 107.10, with the USD trading 0.15% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher, ahead of the UK’s Markit services PMI data

Posted on May 5, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.29% against the USD and closed at 1.4504, after UK’s construction PMI declined more-than-expected to a three-year low level of 52.0 in April, amid concerns about the upcoming … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the ECB’s economic bulletin

Posted on May 5, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1491, following downbeat economic releases in the Euro-zone. Data showed that Euro-zone’s final services PMI remained steady at a 14-month low … Continue reading →

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Trading Signals as per 4-May-2016

Posted on May 4, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1418 1.1518 USD/CHF BUY Active 0.9508 0.9608 USD/CAD BUY Active 1.2618 1.2758 USD/JPY BUY Active 106.18 107.28 NZD/USD BUY Active 0.6827 0.6923 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 4, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.34% against the USD for the 24-hour period ending 23:00GMT, closing at 43.77, after reports emerged of increased oil production in the Middle East, reinvigorating concerns about global supply glut. Separately, the American … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on May 4, 2016 by GCI Financial

Silver Movement Silver prices declined 0.68% to USD 17.48 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 17.33, with the silver trading 0.83% lower … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on May 4, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.43% against the USD in the 24-hour period ending 23:00GMT, at 1287.60 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1282.50, … Continue reading →

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AUD/USD: Aussie extends its losses in the morning session

Posted on May 4, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 2.23% against the USD to close at 0.7498. LME Copper prices declined 1.68% or $85.0 /MT to $4960.0 /MT. Aluminium prices declined 2.63% or $44.0 /MT to $1629.0 … Continue reading →

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USD/CAD: Loonie trading lower. ahead of Canada’s international merchandise trade data

Posted on May 4, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.44% against the CAD to close at 1.2707. In the Asian session, at GMT0300, the pair is trading at 1.2734, with the USD trading 0.21% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the morning session

Posted on May 4, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 0.9540. In economic news, Switzerland’s SECO consumer confidence index surprisingly declined to a level of -15.0 in 2Q 2016, compared to … Continue reading →

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