Monthly Archives: May 2016

Silver: White metal trading on a stronger footing in the morning session

Posted on May 25, 2016 by GCI Financial

Silver Movement Silver prices declined 1.16% to USD 16.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.26, with the silver trading 0.28% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on May 25, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.62% against the USD in the 24-hour period ending 23:00GMT, at 1229.80 per ounce, after the release of robust US new home sales data led to a broad strength in the greenback. Separately, … Continue reading →

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AUD/USD: Aussie reverses its losses in the Asian session

Posted on May 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.66% against the USD to close at 0.7176. Yesterday, in China, Australia’s largest trading partner, data showed that the nation’s CB leading economic index advanced 0.1% in April, … Continue reading →

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USD/CAD: Loonie trading higher, ahead of the BoC’s interest rate decision

Posted on May 25, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.3133. In the Asian session, at GMT0300, the pair is trading at 1.3113, with the USD trading 0.15% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss trade surplus expands in April

Posted on May 25, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9927. In economic news, Switzerland’s trade surplus widened to CHF2.5 billion in April, compared to a revised trade surplus of CHF2.2 … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing in the Asian session

Posted on May 25, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.65% against the JPY and closed at 109.96. In the Asian session, at GMT0300, the pair is trading at 110.1, with the USD trading 0.13% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on May 25, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.02% against the USD and closed at 1.4628, after a fresh poll indicated renewed support for Britain to stay in the European Union, thus easing Brexit worries. In … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of Germany’s Gfk consumer confidence index data for June

Posted on May 25, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.67% against the USD and closed at 1.1139, after the Euro-zone & German ZEW surveys reflected weakening economic sentiment. Data showed that the Euro-zone’s economic sentiment index dropped … Continue reading →

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Trading Signals as per 24-May-2016

Posted on May 24, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1118 1.1198 USD/CHF SELL Active 0.9972 0.9902 USD/JPY SELL Active 110.12 109.42 NZD/USD BUY Active 0.6685 0.6756 EUR/JPY SELL Active 122.92 122.22 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 higher, ahead of the API’s weekly crude oil inventory data

Posted on May 24, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.81% against the USD for the 24-hour period ending 23:00GMT, closing at 47.83, amid renewed global supply glut concerns as the recent disruptions to crude oil production waned. In the Asian session, at … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on May 24, 2016 by GCI Financial

Silver Movement Silver prices declined 0.88% to USD 16.41 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 16.36, with the silver trading 0.27% lower … Continue reading →

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