Monthly Archives: May 2017

Crude Oil: Oil extends its gains in the morning session

Posted on May 11, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.69% against the USD and closed at USD47.38 per barrel, after the Energy Information Administration (EIA) reported a significant drawdown in US crude stockpiles. The EIA indicated … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 11, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD16.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.23, with the silver trading 0.22% higher from … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 11, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.43% against the USD and closed at USD1218.90 per ounce, amid strength in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1220.70, … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on May 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.11% against the USD and closed at 0.7355. LME Copper prices rose 0.3% or $16.0/MT to $5512.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1870.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on May 11, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3676. In the Asian session, at GMT0300, the pair is trading at 1.3726, with the USD trading 0.37% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Swiss inflation data

Posted on May 11, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CHF and closed at 1.009. In the Asian session, at GMT0300, the pair is trading at 1.0083, with the USD trading 0.07% lower against the … Continue reading →

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USD/JPY: Japan’s trade surplus narrowed in March

Posted on May 11, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the JPY and closed at 114.31. On the economic front, Japan’s flash leading economic index advanced to a level of 105.5 in March, in line with … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of the BoE’s monetary policy decision

Posted on May 11, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.14% against the USD and closed at 1.2929. In the Asian session, at GMT0300, the pair is trading at 1.2940, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: Too Soon To Declare Inflation Victory: ECB’s Draghi

Posted on May 11, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.13% against the USD and closed at 1.0866, after the European Central Bank’s (ECB) President, Mario Draghi, brushed off calls to scale back its stimulus programme, reiterating that … Continue reading →

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Trading Signals as per 10-May-2017

Posted on May 10, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0092 1.0022 GBP/CHF SELL Active 1.3118 1.3002 USD/JPY SELL Active 114.42 113.52 AUD/USD BUY Active 0.7328 0.7388 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 higher, ahead of EIA’s weekly crude oil inventories data

Posted on May 10, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.86% against the USD and closed at USD46.14 per barrel, after the Energy Information Administration (EIA) lifted its near-term outlook for US crude production. The EIA expects … Continue reading →

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