Monthly Archives: May 2017

EUR/USD: Euro trading higher, ahead of the ZEW survey data across the Euro-zone

Posted on May 16, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.49% against the USD and closed at 1.0979. On the data front, Italy’s final consumer price index rose 1.9% on an annual basis in April, compared to a … Continue reading →

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Trading Signals as per 15-May-2017

Posted on May 15, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 113.18 113.88 USD/CAD BUY Active 1.3548 1.3658 AUD/USD SELL Active 0.7472 0.7422 NZD/USD BUY Active 0.6865 0.6915 GBP/CHF BUY Active 1.2849 1.2937 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 this morning

Posted on May 15, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD47.90 on Friday, amid expectations that OPEC-led production cuts could be extended beyond the middle of 2017. Separately, Baker Hughes … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 15, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.7% against the USD and closed at USD16.44 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.50, with the silver trading 0.33% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 15, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.23% against the USD and closed at USD1228.00 per ounce on Friday, as softer economic data from the US increased demand for the precious yellow metal. In the Asian … Continue reading →

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AUD/USD: Aussie trading a tad higher in the morning session

Posted on May 15, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.3% against the USD and closed at 0.7393 on Friday. LME Copper prices declined 1.1% or $60.5/MT to $5520.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1880.0/MT. In … Continue reading →

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USD/CAD: Loonie trading higher this morning, ahead of Canada’s existing home sales data

Posted on May 15, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3709 on Friday. On the data front, Canada’s Teranet/National Bank house price index rose 1.2% in April, following a gain of … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower in the Asian session

Posted on May 15, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CHF and closed at 1.0009 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.0013, with the USD trading a tad … Continue reading →

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

Posted on May 15, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.41% against the JPY and closed at 113.29 on Friday. In the Asian session, at GMT0300, the pair is trading at 113.37, with the USD trading 0.07% higher … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on May 15, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.06% against the USD and closed at 1.2880 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2892, with the GBP trading 0.09% higher … Continue reading →

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EUR/USD: German economic growth at a 12-month high level in 1Q 2017

Posted on May 15, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.61% against the USD and closed at 1.0928 on Friday, after Germany’s seasonally adjusted preliminary gross domestic product (GDP) rose 0.6% on a quarterly basis in the first … Continue reading →

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