Monthly Archives: May 2016

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

Posted on May 24, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24-hour period ending 23:00GMT, at 1,250.00 per ounce, extending its three-day losing streak, amid signs that the US Federal Reserve will raise interest rates soon. In the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading lower this morning

Posted on May 24, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD to close at 0.7224. In economic news, Australia’s CB leading index rose 0.1% in March, breaking a run of three consecutive monthly declines. It … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading on a weaker footing this morning

Posted on May 24, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD to close at 1.3138. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.08% higher from yesterday’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading lower, ahead of Swiss trade balance data

Posted on May 24, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9892. In economic news, Switzerland’s total sight deposits inched up to a level of CHF493.6 billion for the week ended 20 … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on May 24, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.85% against the JPY and closed at 109.25. In economic news, Japan’s final leading index advanced to a level of 99.3 in March, from a preliminary reading of … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher, ahead of UK’s public sector net borrowing data

Posted on May 24, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.4480. In the Asian session, at GMT0300, the pair is trading at 1.4491, with the GBP trading 0.08% higher from yesterday’s … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad lower, ahead of Germany’s final Q1 GDP data

Posted on May 24, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1214, as the Euro-zone’s latest PMI readings signalled few signs of improvement in the region. Data showed that the Euro-zone’s preliminary … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 23-May-2016

Posted on May 23, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.4532 1.4442 USD/JPY SELL Active 110.02 109.12 USD/CAD SELL Active 1.3212 1.3112 EUR/JPY SELL Active 123.22 122.32 NZD/USD SELL Active 0.6813 0.6756 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

USD/JPY: Japan’s merchandise trade surplus expanded in April

Posted on May 23, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.20% against the JPY and closed at 110.14. In the Asian session, at GMT0300, the pair is trading at 109.79, with the USD trading 0.32% lower from Friday’s … Continue reading →

Posted in USD/JPY | Comments Off

Crude Oil: Oil trading on a weaker footing in the morning session

Posted on May 23, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.58% against the USD for the 24-hour period ending 23:00GMT, closing at 48.71, extending its previous session gains. Separately, Baker Hughes, reported that the US oil rig count remained steady at a level … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower this morning

Posted on May 23, 2016 by GCI Financial

Silver Movement Silver prices traded flat against the USD at 16.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.53, with the silver trading 0.09% lower from Friday’s close. … Continue reading →

Posted in Silver | Comments Off