Monthly Archives: January 2018

Crude Oil: Oil trading lower, ahead of API’s weekly crude oil inventories data

Posted on January 17, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.19% against the USD and closed at USD63.90 per barrel, after the Energy Information Administration (EIA) forecasted that US shale production is expected to rise by 111,000 … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on January 17, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.84% against the USD and closed at USD17.21 per ounce, surrendering its previous session gains. In the Asian session, at GMT0400, the pair is trading at 17.19, with silver … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on January 17, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.11% against the USD and closed at USD1338.80 per ounce, extending its previous session losses. In the Asian session, at GMT0400, the pair is trading at 1338.00, with gold … Continue reading →

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AUD/USD: Australia’s Westpac consumer confidence notched a 4-year high level in January

Posted on January 17, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.1% against the USD and closed at 0.7958. LME Copper prices declined 2.2% or $157.0/MT to $7023.0/MT. Aluminium prices declined 2.5% or $55.5/MT to $2172.0/MT. In the Asian … Continue reading →

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

Posted on January 17, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.2434. In the Asian session, at GMT0400, the pair is trading at 1.2441, with the USD trading 0.06% higher against the … Continue reading →

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USD/CHF: Current negative interest rate regime still needed: SNB’s Jordan

Posted on January 17, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9596. Yesterday, the Swiss National Bank’s (SNB) Chairman, Thomas Jordan stated that negative interest rates were still needed to limit the … Continue reading →

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USD/JPY: Japan’s machinery orders unexpectedly surged to its highest level in a decade in November

Posted on January 17, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 110.38. In the Asian session, at GMT0400, the pair is trading at 110.62, with the USD trading 0.22% higher against the … Continue reading →

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GBP/USD: UK’s consumer price inflation slowed as expected in December

Posted on January 17, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.3790, after UK’s annual inflation eased from a nearly 6-year high level in December. Data revealed that Britain’s consumer price index … Continue reading →

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EUR/USD: Germany’s inflation slowed as initially estimated in December

Posted on January 17, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.2260, after few members of the center-left Social Democrats (SPD) voted against opening coalition talks with German Chancellor, Angela Merkel’s conservative, … Continue reading →

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Trading Signals as per 16-January-2018

Posted on January 16, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9598 0.9678 USD/CAD SELL Active 1.2472 1.2392 EUR/JPY BUY Active 134.68 135.88 GBP/CHF SELL Active 1.3365 1.3252 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on January 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.37% against the USD and closed at USD64.67 per barrel, aided by a decline in the US Dollar and optimism that production curbs by major oil producers … Continue reading →

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