Monthly Archives: January 2017

USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on January 20, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the JPY and closed at 115.02. In the Asian session, at GMT0400, the pair is trading at 114.59, with the USD trading 0.37% lower against the … Continue reading →

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GBP/USD: Pound trading higher, ahead of Britain’s retail sales data

Posted on January 20, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.58% against the USD and closed at 1.2333. In the Asian session, at GMT0400, the pair is trading at 1.2366, with the GBP trading 0.27% higher against the … Continue reading →

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EUR/USD: ECB keeps key interest rate on hold, Draghi says no ‘convincing’ sign of inflation rise

Posted on January 20, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0656, after the European Central Bank (ECB) held the key interest rate steady as widely expected. The ECB, in its first … Continue reading →

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Trading Signals as per 19-January-2017

Posted on January 19, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 115.22 114.12 USD/CAD BUY Active 1.3188 1.3298 AUD/USD BUY Active 0.7478 0.7538 EUR/JPY SELL Active 122.42 121.52 GBP/CHF SELL Active 1.2438 1.2317 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 stronger footing, ahead of EIA’s weekly crude oil inventory data

Posted on January 19, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.13% against the USD and closed at USD51.38 per barrel, on expectations that US producers would boost crude output. However, crude prices paired losses after OPEC, in … Continue reading →

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Silver: White metal extended its gains in the Asian session

Posted on January 19, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.64% against the USD and closed at USD17.10 per ounce. In the Asian session, at GMT0400, the pair is trading at 17.02, with the silver trading 0.47% lower from … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on January 19, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.04% against the USD and closed at USD1203.70 per ounce, as the greenback strengthened after the US Fed Chair, Janet Yellen, signalled that the American economy is strong enough … Continue reading →

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AUD/USD: Australia’s unemployment rate surprisingly edged higher in December

Posted on January 19, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.54% against the USD and closed at 0.7512. LME Copper prices declined 0.9% or $50.5/MT to $5721.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1800.5/MT. In the Asian … Continue reading →

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USD/CAD: BoC holds interest rate, considers rate cut an option amid concern over Trump policies

Posted on January 19, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.71% against the CAD and closed at 1.3266. Yesterday, the Bank of Canada (BoC), opted to leave the benchmark interest rate unchanged at 0.5%, as widely expected. In … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher in the morning session

Posted on January 19, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 1.0070. In the Asian session, at GMT0400, the pair is trading at 1.0065, with the USD trading marginally lower against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on January 19, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.56% against the JPY and closed at 114.54. In the Asian session, at GMT0400, the pair is trading at 114.61, with the USD trading 0.06% higher against the … Continue reading →

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