Monthly Archives: May 2016

USD/JPY: Japan’s economy rebounded sharply in the first quarter

Posted on May 18, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally strengthened against the JPY and closed at 109.09. In the Asian session, at GMT0300, the pair is trading at 109.29, with the USD trading 0.18% higher from yesterday’s … Continue reading →

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GBP/USD: UK consumer prices growth cooled in April

Posted on May 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.4453. In economic news, UK’s consumer price index (CPI) advanced less-than-expected by 0.1% MoM in April, highlighting the struggle faced by … Continue reading →

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EUR/USD: Euro trading lower, ahead of the Euro-zone’s consumer price index data

Posted on May 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.1310. In economic news, the Euro-zone’s seasonally adjusted trade surplus widened to a 3-month high level of €22.3 billion in March, … Continue reading →

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Trading Signals as per 17-May-2016

Posted on May 17, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1308 1.1358 USD/JPY SELL Active 110.02 109.32 EUR/JPY SELL Active 124.42 123.82 NZD/USD BUY Active 0.6769 0.6825 GBP/CHF SELL Active 1.4266 1.4128 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 17, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.26% against the USD for the 24-hour period ending 23:00GMT, closing at 47.88, reaching a six-month high level, as supply disruptions in Nigeria, Africa’s largest oil producer, led to speculation that it would … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 17, 2016 by GCI Financial

Silver Movement Silver prices rose 0.41% to USD 17.20 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.28, with the silver trading 0.44% higher … Continue reading →

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

Posted on May 17, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.15% against the USD in the 24-hour period ending 23:00GMT, at 1276.20 per ounce, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 1281.20, with the … Continue reading →

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AUD/USD: RBA minutes indicated that broad-based inflation weakness inspired rate cut

Posted on May 17, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7288. LME Copper prices declined 0.42% or $19.5/MT to $4640.5/MT. Aluminium prices declined 0.23% or $3.5/MT to $1525.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on May 17, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.2894. The Canadian dollar gained ground, after Canada’s existing home sales advanced 3.1% MoM in April, following a 1.5% rise in … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing in the Asian session

Posted on May 17, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.9774. In the Asian session, at GMT0300, the pair is trading at 0.9770, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/JPY: Japan’s final industrial production rose in March

Posted on May 17, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.47% against the JPY and closed at 109.04. In economic news, Japan’s preliminary machine tool orders declined further by 26.4% YoY in April, following a 21.2% fall in … Continue reading →

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