Monthly Archives: December 2017

Crude Oil: Oil trading flat in the morning session

Posted on December 14, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.17% against the USD and closed at USD56.76 per barrel, after OPEC, in its monthly report, stated that US crude production would surge faster-than-expected in 2018. The … Continue reading →

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Silver: White metal trading on a stronger footing in the morning session

Posted on December 14, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 2.06% against the USD and closed at USD16.07 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.13, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on December 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.0% against the USD and closed at USD1258.10 per ounce, after the US Fed quelled hopes of a faster path of rate hikes in 2018. In the Asian session, … Continue reading →

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AUD/USD: Australian jobs growth surged, unemployment rate unchanged in November

Posted on December 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.01% against the USD and closed at 0.7632. LME Copper prices rose 1.1% or $71.0/MT to $6685.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1997.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of BoC Governor’s speech

Posted on December 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.4% against the CAD and closed at 1.2821. On the data front, Canada’s Teranet/National Bank house price index fell 0.5% on a monthly basis in November. In the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of SNB’s interest rate decision

Posted on December 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CHF and closed at 0.9862. In the Asian session, at GMT0400, the pair is trading at 0.9844, with the USD trading 0.18% lower against the … Continue reading →

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USD/JPY: Japan’s manufacturing sector growth hits nearly 4-year high in December

Posted on December 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the JPY and closed at 112.70. In the Asian session, at GMT0400, the pair is trading at 112.58, with the USD trading 0.11% lower against the … Continue reading →

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GBP/USD: UK’s ILO unemployment rate surprisingly remained steady at a 4-decade low, wages picked-up in the three months to October

Posted on December 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.71% against the USD and closed at 1.3412, after data pointed to a pick-up in the UK wage growth. Britain’s average earnings excluding bonus climbed more-than-expected by 2.3% … Continue reading →

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EUR/USD: Euro-zone’s industrial output surprisingly rebounded in October

Posted on December 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.72% against the USD and closed at 1.1823, after data showed that the Euro-zone’s seasonally adjusted industrial production unexpectedly rebounded 0.2% on a monthly basis in October, confounding … Continue reading →

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Trading Signals as per 13-December-2017

Posted on December 13, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1782 1.1722 USD/CHF BUY Active 0.9878 0.9938 AUD/USD SELL Active 0.7592 0.7542 USD/CAD SELL Active 1.2922 1.2842 GBP/CHF SELL Active 1.3274 1.3149 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 reverses its losses, ahead of EIA’s weekly crude oil inventories data

Posted on December 13, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.02% against the USD and closed at USD57.43 per barrel, after the Energy Information Administration (EIA), in its monthly report, lowered its global crude demand projection and … Continue reading →

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