Monthly Archives: December 2017

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

Posted on December 11, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7507 on Friday. LME Copper prices rose 0.1% or $8.0/MT to $6538.5/MT. Aluminium prices declined 0.1% or $2.0/MT to $1992.0/MT. In … Continue reading →

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USD/CAD: Canada housing starts unexpectedly surged in November

Posted on December 11, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2865 on Friday. Macroeconomic data revealed that Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 252.2K in November, … Continue reading →

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

Posted on December 11, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CHF and closed at 0.9928 on Friday. In the Asian session, at GMT0400, the pair is trading at 0.9920, with the USD trading 0.08% lower … Continue reading →

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USD/JPY: Japan’s large manufacturers’ mood improved less-than-expected in 4Q 2017

Posted on December 11, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the JPY and closed at 113.51 on Friday. In the Asian session, at GMT0400, the pair is trading at 113.58, with the USD trading 0.06% higher … Continue reading →

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GBP/USD: UK and the EU clinched a Brexit deal

Posted on December 11, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.63% against the USD and closed at 1.3395 on Friday. The Pound surged earlier in the session, on news that the UK and the European Union (EU), after … Continue reading →

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EUR/USD: Germany’s trade surplus sharply narrowed in October

Posted on December 11, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1768 on Friday, after Germany’s seasonally adjusted trade surplus narrowed more-than-expected to €18.9 billion in October, as exports recorded a surprise … Continue reading →

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Trading Signals as per 8-December-2017

Posted on December 8, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1718 1.1768 GBP/USD SELL Active 1.3582 1.3432 USD/JPY SELL Active 114.02 113.02 EUR/JPY SELL Active 133.72 133.02 GBP/CHF BUY Active 1.3354 1.3512 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 higher, ahead of Baker Hughes weekly rig count data

Posted on December 8, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.96% against the USD and closed at USD56.61 per barrel, amid renewed supply concerns after a major Nigerian oil union threatened to launch a nationwide strike. In … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on December 8, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.47% against the USD and closed at USD15.76 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.79, with silver … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on December 8, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.37% against the USD and closed at USD1249.10 per ounce, as increased risk appetite among investors boosted the US Dollar and dented demand for the safe-haven metal. In the … Continue reading →

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AUD/USD: Australia’s home loan approvals fell less-than-anticipated in October

Posted on December 8, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.69% against the USD and closed at 0.7512. LME Copper prices declined 0.1% or $8.5/MT to $6530.5/MT. Aluminium prices declined 1.7% or $34.5/MT to $1994.0/MT. In the Asian … Continue reading →

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