Monthly Archives: December 2016

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

Posted on December 29, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.52% against the USD and closed at USD53.56 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories surprisingly advanced 4.2 million barrels … Continue reading →

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Silver: White metal extended its gains in the Asian session

Posted on December 29, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.41% against the USD and closed at USD16.09 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.20, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on December 29, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.22% against the USD and closed at USD1142.50 per ounce, amid weakness in US equity markets. In the Asian session, at GMT0400, the pair is trading at 1149.40, with … Continue reading →

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AUD/USD: Aussie trading higher in the morning session

Posted on December 29, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.7179. LME Copper prices rose 0.1% or $4.0/MT to $5486.0/MT. Aluminium prices declined 0.8% or $13.5/MT to $1726.5/MT. In the Asian … Continue reading →

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

Posted on December 29, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD and closed at 1.3551. In the Asian session, at GMT0400, the pair is trading at 1.3537, with the USD trading 0.1% lower against the … Continue reading →

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USD/CHF: Swiss UBS consumption indicator surprisingly dropped in November

Posted on December 29, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CHF and closed at 1.0276. In economic news, Switzerland’s UBS consumption indicator unexpectedly fell to a level of 1.43 in November, compared to a level … Continue reading →

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USD/JPY: Japanese economic growth on a “moderate recovery” path: BoJ summary of opinions

Posted on December 29, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the JPY and closed at 117.03. In the Asian session, at GMT0400, the pair is trading at 116.73, with the USD trading 0.26% lower against the … Continue reading →

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GBP/USD: UK’s BBA mortgage approvals surprisingly declined in November

Posted on December 29, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.42% against the USD and closed at 1.2219, after UK’s BBA mortgage approvals unexpectedly dropped to a level of 40.7K in November, suggesting that the nation’s housing market … Continue reading →

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EUR/USD: Italy’s consumer confidence surprisingly jumped to a five month high in December

Posted on December 29, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.0415. On the economic front, Italy’s consumer confidence index unexpectedly advanced to a level of 111.1 in December, notching its highest … Continue reading →

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Trading Signals as per 28-December-2016

Posted on December 28, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.3538 1.3598 AUD/USD SELL Active 0.7232 0.7182 EUR/JPY BUY Active 122.38 123.18 NZD/USD BUY Active 0.6892 0.6942 GBP/CHF BUY Active 1.2521 1.2602 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 on a weaker footing, ahead of API’s weekly crude oil inventory data

Posted on December 28, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.13% against the USD and closed at USD53.84 per barrel, amid positive sentiment among investors as OPEC’s production cut deal is set to kick start from 01 … Continue reading →

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