Monthly Archives: December 2016

Silver: White metal reversed its losses in the morning session

Posted on December 28, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.12% against the USD and closed at USD16.02 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.03, with the … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on December 28, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1139.50 per ounce, amid strength in the global equities and as the US Dollar remained near 14-year high. In the Asian session, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing this morning

Posted on December 28, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.03% against the USD and closed at 0.7182. On Monday, in China, Australia’s largest trading partner, industrial profits rose 14.5% in November from a year ago, following a … Continue reading →

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USD/CAD: Canadian economic growth shrunk in October

Posted on December 28, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD and closed at 1.3577. On Friday, data showed that Canada’s gross domestic product (GDP) unexpectedly contracted 0.3% MoM in October, declining for the first … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher, ahead of Switzerland’s UBS consumption indicator

Posted on December 28, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 1.0272. On Friday, data revealed that Switzerland’s KOF leading indicator surprisingly remained steady at a level of 102.2 in December, confounding … Continue reading →

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USD/JPY: Japanese industrial production jumped in November

Posted on December 28, 2016 by GCI Financial

For the 24 hours to 23:00 GMT, the USD rose 0.3% against the JPY and closed at 117.43. On Monday, minutes of the Bank of Japan’s (BoJ) recent monetary policy meeting indicated that policy makers maintained optimism over the rate … Continue reading →

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GBP/USD: UK’s economy performed better than initially estimated in the third quarter

Posted on December 28, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.2270. On Friday, data revealed that UK’s final gross domestic product (GDP) was revised upwards to 0.6% on a quarterly basis … Continue reading →

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EUR/USD: Euro trading higher in the Asian session

Posted on December 28, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.0457. On Friday, Germany’s GfK consumer confidence index edged higher to a level of 9.9 for January, in line with market … Continue reading →

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Trading Signals as per 27-December-2016

Posted on December 27, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2198 1.2328 USD/JPY BUY Active 116.78 117.68 AUD/USD SELL Active 0.7292 0.7122 EUR/JPY SELL Active 123.02 122.22 GBP/CHF SELL Active 1.2703 1.2575 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Trading Signals as per 23-December-2016

Posted on December 23, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.2322 1.2232 AUD/USD BUY Active 0.7158 0.7228 USD/CAD BUY Active 1.3428 1.3528 EUR/JPY SELL Active 123.02 122.32 USD/JPY BUY Active 116.88 117.58 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 this morning

Posted on December 23, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.3% against the USD and closed at USD52.71 per barrel, reversing its previous session losses, supported by strong US GDP growth data for the third quarter. In … Continue reading →

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