Monthly Archives: May 2016

Gold: Yellow metal reverses its losses in the Asian session

Posted on May 23, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.37% against the USD in the 24-hour period ending 23:00GMT, at 1,253.20 per ounce, extending its two-day slide, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair … Continue reading →

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

Posted on May 23, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7223. LME Copper prices rose 0.75% or $34.5/MT to $4630.5/MT. Aluminium prices rose 1.50% or $23.0/MT to $1559.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian retail sales dropped in March

Posted on May 23, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CAD to close at 1.3121. The Canadian Dollar lost ground, after the country’s retail sales declined more-than-expected by 1.0% MoM in March, mainly led by … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on May 23, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9905. In the Asian session, at GMT0300, the pair is trading at 0.9896, with the USD trading 0.09% lower from Friday’s … Continue reading →

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GBP/USD: Pound trading higher this morning

Posted on May 23, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.78% against the USD and closed at 1.4486. In economic news, UK’s CBI industrial trends orders unexpectedly rose to a five-month high level of -8.0 in May, compared … Continue reading →

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EUR/USD: Euro trading higher, ahead of the Markit manufacturing and services PMI data across the Euro-zone

Posted on May 23, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.12% against the USD and closed at 1.1214, after the Euro-zone’s seasonally adjusted current account surplus widened to a four-month high level of €27.3 billion in March, from … Continue reading →

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Trading Signals as per 20-May-2016

Posted on May 20, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.4642 1.4512 USD/JPY SELL Active 110.72 110.02 AUD/USD SELL Active 0.7272 0.7212 NZD/USD SELL Active 0.6806 0.6746 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 above its MA’s

Posted on May 20, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.96% against the USD for the 24-hour period ending 23:00GMT, closing at 48.43, reversing its previous session losses, amid concerns about Canadian and Nigerian oil supply outages. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 20, 2016 by GCI Financial

Silver Movement Silver prices declined 2.25% to USD 16.55 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 16.56, with the silver trading 0.06% lower … Continue reading →

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

Posted on May 20, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24-hour period ending 23:00GMT, at 1257.80 per ounce, extending its previous session losses, amid a broad strength in the greenback. In the Asian session, at GMT0300, the … Continue reading →

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

Posted on May 20, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.06% against the USD to close at 0.7226. LME Copper prices declined 0.10% or $4.5/MT to $4596.0/MT. Aluminium prices rose 0.42% or $6.5/MT to $1536.0/MT. In the Asian … Continue reading →

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