Monthly Archives: January 2018

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

Posted on January 30, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.22% against the USD and closed at USD65.53 per barrel, as investors were grappled with concerns over rising US crude production and amid strength in the greenback. … Continue reading →

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Silver: White metal extends its losses this morning

Posted on January 30, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.24% against the USD and closed at USD17.18 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.14, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on January 30, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.59% against the USD and closed at USD1343.70 per ounce, amid strength in the US Dollar. In the Asian session, at GMT0400, the pair is trading at 1341.00, with … Continue reading →

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AUD/USD: Australia’s NAB business confidence index hit 5-month high in December

Posted on January 30, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.06% against the USD and closed at 0.8093. LME Copper prices declined 0.02% or $1.5/MT to $7062.0/MT. Aluminium prices rose 0.6% or $13.5/MT to $2251.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on January 30, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.2340. In the Asian session, at GMT0400, the pair is trading at 1.2347, with the USD trading 0.06% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Swiss trade balance data

Posted on January 30, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9374. In economic news, Switzerland’s total sight deposits inched up to a level of CHF575.0 billion in the week ended 26 … Continue reading →

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USD/JPY: Japan’s jobless rate unexpectedly ticked up in December

Posted on January 30, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the JPY and closed at 108.95. In the Asian session, at GMT0400, the pair is trading at 108.83, with the USD trading 0.11% lower against the … Continue reading →

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GBP/USD: Pound trading on a weaker footing in the Asian session

Posted on January 30, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.33% against the USD and closed at 1.4075, as reports about political divisions on Brexit sparked uncertainty over whether the UK Prime Minister, Theresa May would be able … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s GDP data

Posted on January 30, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.12% against the USD and closed at 1.2384. On the economic front, Germany’s import price index rose 1.1% YoY in December, in line with market expectations and compared … Continue reading →

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Trading Signals as per 29-January-2018

Posted on January 29, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.4028 1.4178 USD/JPY SELL Active 109.42 108.42 AUD/USD BUY Active 0.8048 0.8108 EUR/JPY SELL Active 135.82 134.62 USD/CAD BUY Active 1.2307 1.2378 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 stronger footing this morning

Posted on January 29, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.36% against the USD and closed at USD66.13 per barrel on Friday, helped by strong crude demand outlook and a weaker US Dollar. Separately, Baker Hughes disclosed … Continue reading →

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