Monthly Archives: May 2016

Crude Oil: Oil extends its gains in the Asian session

Posted on May 26, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24-hour period ending 23:00GMT, closing at 49.61, after the Energy Information Administration (EIA) report indicated that US crude oil inventories declined more-than-expected by 4.2 million barrels during … Continue reading →

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Silver: White metal trading higher this morning

Posted on May 26, 2016 by GCI Financial

Silver Movement Silver prices rose 0.43% to USD 16.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.465, with the silver trading 1.11% higher from yesterday’s close. The pair … Continue reading →

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

Posted on May 26, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.36% against the USD in the 24-hour period ending 23:00GMT, at 1225.40 per ounce, extending its fifth-consecutive day of losses and touching a seven-week low level, driven by expectations that the US Federal … Continue reading →

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

Posted on May 26, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.7188. LME Copper prices declined 0.02% or $1.0 /MT to $4636.0 /MT. Aluminium prices declined 0.90% or $14.0 /MT to $1539.0 … Continue reading →

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USD/CAD: BoC leaves interest rate unchanged at 0.5%

Posted on May 26, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD to close at 1.3029. The Canadian dollar gained ground after the Bank of Canada (BoC) held its benchmark interest rate steady at 0.5%, as … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s Q1 industrial production data

Posted on May 26, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9915. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator advanced to a level of 1.47 in April, driven by … Continue reading →

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USD/JPY: Japanese Yen trading higher this morning

Posted on May 26, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 110.15. In the Asian session, at GMT0300, the pair is trading at 109.61, with the USD trading 0.49% lower from yesterday’s … Continue reading →

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GBP/USD: Pound trading tad higher, ahead of Britain’s Q1 GDP data

Posted on May 26, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.4696. In the Asian session, at GMT0300, the pair is trading at 1.4702, with the GBP trading marginally higher from yesterday’s … Continue reading →

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EUR/USD: Euro extends its gains in the Asian session

Posted on May 26, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1155, following the release of optimistic reports from Germany, the Euro-zone’s largest economy. Data showed that Germany’s GfK consumer confidence index … Continue reading →

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Trading Signals as per 25-May-2016

Posted on May 25, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1202 1.1132 GBP/USD SELL Active 1.4692 1.4562 USD/CAD BUY Active 1.3058 1.3158 GBP/CHF SELL Active 1.4584 1.4422 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading higher, ahead of the EIA’s weekly crude oil inventory data

Posted on May 25, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.84% against the USD for the 24-hour period ending 23:00GMT, closing at 49.19, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 5.1 million barrels during the week … Continue reading →

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