Monthly Archives: January 2017

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

Posted on January 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3218. In the Asian session, at GMT0400, the pair is trading at 1.3205, with the USD trading 0.1% lower against the … Continue reading →

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USD/CHF: Swiss real retail sales rebound for the first time in 2-years in November

Posted on January 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CHF and closed at 1.0138. On the data front, Switzerland’s real retail sales rebounded 0.9% on an annual basis in November, advancing for the first … Continue reading →

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USD/JPY: Japanese consumer confidence surged to its highest level since September 2013 in December

Posted on January 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.18% against the JPY and closed at 115.91. In the Asian session, at GMT0400, the pair is trading at 115.34, with the USD trading 0.49% lower against the … Continue reading →

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GBP/USD: UK’s Halifax house prices grew at its fastest pace in nine months in December

Posted on January 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.63% against the USD and closed at 1.2173, after comments from the British Prime Minister stoked fresh worries of a “hard Brexit”. The Britain’s Prime Minister, Theresa May … Continue reading →

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EUR/USD: Euro-zone’s unemployment rate remained at lowest level since July 2009 in November

Posted on January 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.5% against the USD and closed at 1.0584, after better-than-expected economic data across the Euro-zone boosted investor sentiment. In economic news, the Euro-zone’s unemployment rate remained unchanged at … Continue reading →

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Trading Signals as per 9-January-2017

Posted on January 9, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0488 1.0568 USD/CAD BUY Active 1.3188 1.3268 GBP/CHF BUY Active 1.2338 1.2442 NZD/USD SELL Active 0.6935 0.6995 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 between its MA’s

Posted on January 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil marginally rose against the USD and closed at USD53.75 per barrel on Friday. Meanwhile, Baker Hughes disclosed that US oil rigs increased by 4 to 529 last week. … Continue reading →

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Silver: White metal reversed its losses in the morning session

Posted on January 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.96% against the USD and closed at USD16.47 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.50, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on January 9, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.68% against the USD and closed at USD1172.50 per ounce on Friday, after robust wage gains in the US led to strength in the US Dollar and increased investor … Continue reading →

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AUD/USD: Australia’s construction sector remained in contraction territory in December

Posted on January 9, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.7303 on Friday. LME Copper prices declined 1.2% or $64.5/MT to $5546.5/MT. Aluminium prices rose 0.7% or $12.5/MT to $1722.0/MT. In … Continue reading →

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USD/CAD: Canadian economy added most number of jobs since 2012 in December

Posted on January 9, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3237 on Friday. Macroeconomic data showed that Canada’s unemployment rate advanced to 6.9% in December, in line with market expectations. In … Continue reading →

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