Monthly Archives: April 2017

Crude Oil: Oil extends its gains in the morning session

Posted on April 7, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.59% against the USD and closed at USD51.76 per barrel, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 52.82, … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on April 7, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.38% against the USD and closed at USD18.25 per ounce, surrendering its previous session gains. In the Asian session, at GMT0300, the pair is trading at 18.43, with the … Continue reading →

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Gold: Yellow metal trading on a strong footing this morning

Posted on April 7, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.44% against the USD and closed at USD1253.50 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1267.80, … Continue reading →

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AUD/USD: Australia’s construction sector slows in March

Posted on April 7, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.41% against the USD and closed at 0.7540. LME Copper prices rose 1.1% or $62.0/MT to $5870.5/MT. Aluminium prices declined 0.3% or $6.0/MT to $1956.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s building permits surprisingly declined in February

Posted on April 7, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3416. On the economic front, Canada’s building permits unexpectedly dropped 2.5% on a monthly basis in February, confounding market expectations for … Continue reading →

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USD/CHF: Swiss consumer price inflation advanced as expected in March

Posted on April 7, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CHF and closed at 1.0052. Macroeconomic data revealed that Switzerland’s consumer price index (CPI) rose 0.2% MoM in March, meeting market expectations. The CPI had … Continue reading →

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USD/JPY: Japan’s consumer confidence hits highest level since September 2013 in March

Posted on April 7, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 110.84. In economic news, Japan’s consumer confidence index jumped to a level of 43.9 in March, surging to its highest level … Continue reading →

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GBP/USD: Pound trading flat in the Asian session, ahead of a slew of economic releases in Britain

Posted on April 7, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.2465. In the Asian session, at GMT0300, the pair is trading at 1.2465, with the GBP trading flat against the USD … Continue reading →

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EUR/USD: Stimulus efforts still needed in the Euro-zone: ECB’s Draghi

Posted on April 7, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.23% against the USD and closed at 1.0643, after the European Central Bank (ECB) Chief, Mario Draghi, stated that it was too soon to wind down the central … Continue reading →

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Trading Signals as per 6-April-2017

Posted on April 6, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0092 1.0012 GBP/USD SELL Active 1.2512 1.2432 USD/JPY BUY Active 109.98 110.88 AUD/USD BUY Active 0.7518 0.7568 GBP/CHF SELL Active 1.2589 1.2484 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 weaker footing this morning

Posted on April 6, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.41% against the USD and closed at USD50.95 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil stockpiles surprisingly rose by 1.6 million … Continue reading →

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