Monthly Archives: May 2017

Crude Oil: Oil production cuts extended until March 2018

Posted on May 26, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil plunged 5.30% against the USD and closed at USD48.82, as the OPEC and other oil producing nations’ decision to extend output cuts for another nine more months … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on May 26, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 0.23% against the USD and closed at USD17.14. In the Asian session, at GMT0300, the pair is trading at 17.17, with the Silver trading 0.20% higher against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on May 26, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.14% against the USD and closed at USD1259.10 per ounce, amid gains in the US equity markets. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie Dollar trading lower this morning

Posted on May 26, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.63% against the USD and closed at 0.7453. LME Copper prices marginally rose or $2.5/MT to $5665.0/MT. Aluminium prices rose 0.51% or $10.0/MT to $1954.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading slightly lower this morning

Posted on May 26, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3488. In the Asian session, at GMT0300, the pair is trading at 1.3489, with the USD trading marginally higher against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading slightly lower in the morning session

Posted on May 26, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9730. In the Asian session, at GMT0300, the pair is trading at 0.9735, with the USD trading a tad higher against … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s national consumer prices came in as expected in April

Posted on May 26, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 111.77. Overnight data showed that Japan’s national consumer price index (CPI) rose 0.4% YoY in April, mainly driven by higher energy … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s economy expanded more slowly than expected in the first quarter

Posted on May 26, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.2931, after macroeconomic data showed that UK’s economic growth in the first quarter was slower than previously estimated, raising concerns about … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading lower in the morning session

Posted on May 26, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.10% against the USD and closed at 1.1211. On macro front, Italy’s industrial orders fell 4.2% on a monthly basis in March, compared to a revised gain of … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 25-May-2017

Posted on May 25, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9762 0.9692 USD/CAD SELL Active 1.3452 1.3362 AUD/USD BUY Active 0.7468 0.7528 NZD/USD BUY Active 0.7016 0.7072 GBP/CHF BUY Active 1.2577 1.266 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading higher, ahead of OPEC meeting

Posted on May 25, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.21% against the USD and closed at USD51.55. Meanwhile, the Energy Information Administration (EIA) announced that US crude oil inventories declined by 4.43 million barrels in … Continue reading →

Posted in Crude Oil | Comments Off