Monthly Archives: May 2017

Gold: Yellow metal extends its losses in the Asian session

Posted on May 24, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.82% against the USD and closed at USD1251.90. per ounce, amid strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at 1251.7, … Continue reading →

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AUD/USD: Aussie Dollar trading lower in the Asian session

Posted on May 24, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7481. On the economic front, Australia’s Westpac leading index declined 0.12% in April, from an increase of 0.08% reported in March. … Continue reading →

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USD/CAD: Canadian Dollar trading lower, ahead of BoC’s interest rate decision

Posted on May 24, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CAD and closed at 1.3515. In economic news, wholesales sales rose less than expected by 0.9% in March, compared to a revised gain of 0.3% … Continue reading →

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USD/CHF: Switzerland’s trade surplus narrowed in April

Posted on May 24, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9757. Meanwhile, data showed that Swiss trade surplus dropped to CHF 1.97 billion in April, from a revised trade surplus of … Continue reading →

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USD/JPY: Japanese Yen trading lower this morning

Posted on May 24, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the JPY and closed at 111.80. On macro front, Japan’s final machine tool orders rose 34.7% YoY in April, meeting the initial estimates. In the Asian … Continue reading →

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GBP/USD: UK public sector net borrowing rose in April

Posted on May 24, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2961, after a suspected terrorist attack in UK’s Manchester city killed at least 22 people and left around 60 people injured. … Continue reading →

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EUR/USD: Euro trading slightly lower, ahead of Mario Draghi’s speech

Posted on May 24, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1186. Macroeconomic data showed that manufacturing PMI recorded an unexpected rise to a level of 57.0 in May in the Eurozone, … Continue reading →

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Trading Signals as per 23-May-2017

Posted on May 23, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1208 1.1288 USD/CHF BUY Active 0.9668 0.9738 GBP/USD SELL Active 1.3042 1.2942 USD/JPY BUY Active 110.68 111.48 EUR/JPY SELL Active 125.72 124.52 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 in the morning session, ahead of the API’s weekly crude inventories data

Posted on May 23, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, the Crude Oil rose 0.89% against the USD and closed at USD51.13, boosted by growing expectations that major oil exporters would agree to extend supply cuts this week and on … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on May 23, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver rose 1.81% against the USD and closed at USD17.19, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.15, with the Silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on May 23, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold rose 0.47% against the USD and closed at USD1260.1, supported by a weaker US Dollar. In the Asian session, at GMT0300, the pair is trading at 1261.7, with the … Continue reading →

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