Monthly Archives: May 2017

AUD/USD: Australia’s business confidence surged to a 6-year high in April

Posted on May 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7421 on Friday. LME Copper prices declined 0.2% or $12.5/MT to $5530.5/MT. Aluminium prices declined 0.1% or $2.5/MT to $1907.0/MT. In … Continue reading →

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USD/CAD: Canada’s unemployment rate dips to 9-year low in April

Posted on May 8, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.68% against the CAD and closed at 1.3658 on Friday. The Canadian Dollar gained ground, after data revealed that Canada’s unemployment rate surprisingly fell to 6.5% in April, … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on May 8, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9866 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9893, with the USD trading 0.27% higher … Continue reading →

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USD/JPY: Japanese Yen trading lower in the morning session

Posted on May 8, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 112.46 on Friday. In the Asian session, at GMT0300, the pair is trading at 112.75, with the USD trading 0.26% higher … Continue reading →

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GBP/USD: Pound trading on a weaker footing this morning

Posted on May 8, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.2979 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2952, with the GBP trading 0.21% lower … Continue reading →

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EUR/USD: Germany’s construction sector growth cooled in April

Posted on May 8, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.0995 on Friday. On the economic front, Germany’s Markit construction PMI dropped to a level of 54.6 in April, compared to … Continue reading →

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Trading Signals as per 5-May-2017

Posted on May 5, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1032 1.0962 GBP/USD BUY Active 1.2868 1.2948 USD/CAD SELL Active 1.3822 1.3762 EUR/JPY BUY Active 122.78 123.58 NZD/USD SELL Active 0.6914 0.6864 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 lower, ahead of Baker Hughes rig count data

Posted on May 5, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.39% against the USD and closed at USD45.55 per barrel, pressured by enduring concerns over global supply glut. In the Asian session, at GMT0300, the pair is … Continue reading →

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Silver: White metal extends its losses in the morning session

Posted on May 5, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.76% against the USD and closed at USD16.36 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.355, with the … Continue reading →

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Gold: Yellow metal trading tad lower in the Asian session

Posted on May 5, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.73% against the USD and closed at USD1229.00 per ounce, as increased odds of a June interest rate hike by the Fed dented demand for the precious yellow metal. … Continue reading →

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AUD/USD: RBA upbeat on long-term outlook, warns that low wages a risk to the economy

Posted on May 5, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7408. LME Copper prices declined 1.7% or $93.5/MT to $5543.0/MT. Aluminium prices declined 0.3% or $6.5/MT to $1909.5/MT. In the Asian … Continue reading →

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