Monthly Archives: February 2017

Silver: White metal trading on a stronger footing this morning

Posted on February 24, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.91% against the USD and closed at USD18.23 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.25, with the … Continue reading →

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Gold: Yellow metal trading slightly higher in the Asian session

Posted on February 24, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.02% against the USD and closed at USD1250.70 per ounce, amid a broad weakness in the greenback, after the latest Federal Reserve monetary policy meeting minutes dampened expectations of … Continue reading →

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AUD/USD: RBA’s Lowe sees ‘period of stability’ in interest rates amid record debt

Posted on February 24, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.7715. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, indicated that he expects “a period of stability” in the … Continue reading →

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USD/CAD: Loonie trading a tad higher, ahead of Canada’s consumer price inflation data

Posted on February 24, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.3101. In the Asian session, at GMT0400, the pair is trading at 1.3096, with the USD trading slightly lower against the … Continue reading →

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USD/CHF: Swiss industrial production declined in the fourth quarter of 2016

Posted on February 24, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 1.0063. On the economic front, Switzerland’s industrial production slid 1.2% YoY in 4Q 2016, following a revised gain of 0.2% in … Continue reading →

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USD/JPY: Japanese Yen trading marginally higher in the morning session

Posted on February 24, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.5% against the JPY and closed at 112.73. In the Asian session, at GMT0400, the pair is trading at 112.71, with the USD trading a tad lower against … Continue reading →

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GBP/USD: Pound trading a tad lower in the Asian session

Posted on February 24, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.75% against the USD and closed at 1.2550. In the Asian session, at GMT0400, the pair is trading at 1.2548, with the GBP trading marginally lower against the … Continue reading →

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EUR/USD: German economy picked up speed in the final quarter of 2016

Posted on February 24, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.2% against the USD and closed at 1.0575, after Germany’s seasonally adjusted final gross domestic product (GDP) grew 0.4% QoQ in 4Q 2016, driven by robust government spending, … Continue reading →

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Trading Signals as per 23-February-2017

Posted on February 23, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0498 1.0578 USD/CHF BUY Active 1.0038 1.0138 EUR/JPY BUY Active 118.78 120.08 NZD/USD BUY Active 0.7166 0.7222 GBP/CHF BUY Active 1.2503 1.2624 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 between its MA’s, ahead of EIA’s crude oil inventory data

Posted on February 23, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.75% against the USD and closed at USD53.92 per barrel. However, oil prices pared losses later in the session after the American Petroleum Institute (API) report showed … Continue reading →

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Silver: White metal trading flat in the morning session

Posted on February 23, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.11% against the USD and closed at USD18.06 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.06, with the … Continue reading →

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