Monthly Archives: February 2017

Silver: White metal trading lower in the Asian session

Posted on February 10, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.68% against the USD and closed at USD17.65 per ounce, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 17.58, with the … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the morning session

Posted on February 10, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.04% against the USD and closed at USD1229.40 per ounce, after robust US economic data stoked expectations of a near-term interest rate hike by the US Federal Reserve. In … Continue reading →

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AUD/USD: RBA downgrades near-term economic growth forecast

Posted on February 10, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.7622. Yesterday, the Reserve Bank of Australia (RBA) Governor, Philip Lowe, remained upbeat on the nation’s economy and stated that he … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s unemployment rate data

Posted on February 10, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3135. On the economic front, Canada’s new housing price index climbed 0.1% MoM in December, while market participants expected the index … Continue reading →

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USD/CHF: Swiss unemployment rate remained steady in January

Posted on February 10, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.7% against the CHF and closed at 1.0013. In economic news, Switzerland’s seasonally adjusted unemployment rate remained unchanged at 3.3% in January, meeting market expectations. In the Asian … Continue reading →

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USD/JPY: Japan’s tertiary industry index declined in December

Posted on February 10, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 1.3% against the JPY and closed at 113.27. On the data front, Japan’s flash machine tool orders rose 3.5% YoY in January. In the previous month, machine tool … Continue reading →

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GBP/USD: Pound trading higher, ahead of crucial economic releases in the UK

Posted on February 10, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2494. In the Asian session, at GMT0400, the pair is trading at 1.2505, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: German trade surplus contracted in December

Posted on February 10, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.0652. On the economic data front, Germany’s seasonally adjusted trade surplus narrowed more-than-expected to a level of €18.7 billion in December, … Continue reading →

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Trading Signals as per 9-February-2017

Posted on February 9, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9898 0.9978 USD/JPY BUY Active 111.78 112.58 AUD/USD BUY Active 0.7598 0.7648 USD/CAD SELL Active 1.3162 1.3082 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 on a stronger footing this morning

Posted on February 9, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.06% against the USD and closed at USD52.47 per barrel, reversing its previous session losses. Separately, the Energy Information Administration (EIA) reported that US crude stockpiles jumped … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on February 9, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.42% against the USD and closed at USD17.77 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.82, with the … Continue reading →

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