Monthly Archives: January 2017

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

Posted on January 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.7363. LME Copper prices rose 1.6% or $90.5/MT to $5642.0/MT. Aluminium prices rose 2.4% or $40.5/MT to $1757.5/MT. In the Asian … Continue reading →

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USD/CAD: Canadian housing starts jumped in December, building permits edge down in November

Posted on January 11, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3235. Macroeconomic data showed that Canada’s seasonally adjusted housing starts rose more-than-anticipated to a level of 207.0K in December, indicating that … Continue reading →

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USD/CHF: Swiss unemployment rate remained steady in December

Posted on January 11, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 1.0161. On the data front, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.3% in December, meeting market expectations. In the … Continue reading →

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USD/JPY: Japanese Yen reversed its gains in the Asian session

Posted on January 11, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the JPY and closed at 115.83. In the Asian session, at GMT0400, the pair is trading at 116.00, with the USD trading 0.15% higher against the … Continue reading →

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GBP/USD: Pound trading a tad lower, ahead of key economic releases in the UK

Posted on January 11, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2172. In the Asian session, at GMT0400, the pair is trading at 1.2167, with the GBP trading marginally lower against the … Continue reading →

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EUR/USD: Euro trading on a weaker footing this morning

Posted on January 11, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.28% against the USD and closed at 1.0554. On the data front, industrial production in France rebounded 2.2% on a monthly basis in November, suggesting that economic activity … Continue reading →

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Trading Signals as per 10-January-2017

Posted on January 10, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0558 1.0648 USD/JPY SELL Active 116.32 115.12 USD/CAD SELL Active 1.3262 1.3182 NZD/USD BUY Active 0.6993 0.7059 GBP/CHF BUY Active 1.2221 1.2364 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 API’s weekly crude oil inventory data

Posted on January 10, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.53% against the USD and closed at USD51.89 per barrel, amid fears that growing US crude production and record Iraqi crude exports would weigh on the oil … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on January 10, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.82% against the USD and closed at USD16.64 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.71, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on January 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.48% against the USD and closed at USD1181.20 per ounce, as weakness in the greenback increased demand for the precious yellow metal. In the Asian session, at GMT0400, the … Continue reading →

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AUD/USD: Australia’s retail sales grew for the fourth straight month in November

Posted on January 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.53% against the USD and closed at 0.7359. LME Copper prices rose 0.1% or $5.0/MT to $5551.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1717.0/MT. In the Asian … Continue reading →

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