Monthly Archives: February 2018

USD/CAD: Canada’s wholesale sales declined for first time in three months in December

Posted on February 21, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2649. Macroeconomic data indicated that Canada’s wholesale sales surprisingly eased 0.5% on a monthly basis in December, defying market expectations for … Continue reading →

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USD/CHF: Swiss trade surplus narrowed by the most since 2012 in January

Posted on February 21, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CHF and closed at 0.9364. On the macro front, Switzerland’s trade surplus narrowed to a 6-year low level of CHF1.32 billion in January, amid exports … Continue reading →

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USD/JPY: Japanese Yen trading lower in the Asian session

Posted on February 21, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the JPY and closed at 107.31. On the data front, Japan’s final machine tool orders recorded a rise of 48.8% on an annual basis in January, … Continue reading →

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GBP/USD: Pound trading a tad lower, ahead of UK’s ILO unemployment rate data

Posted on February 21, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.16% against the USD and closed at 1.3995, lifted by renewed optimism over Brexit, following a report that the European Parliament is preparing a plan to give Britain … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence dipped for the first time since July 2017 in February

Posted on February 21, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.4% against the USD and closed at 1.2335, after the Euro-zone’s preliminary consumer confidence index slid more-than-anticipated to a level of 0.1 in February, dropping for the first … Continue reading →

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Trading Signals as per 20-February-2018

Posted on February 20, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9278 0.9388 USD/JPY BUY Active 106.58 107.38 USD/CAD SELL Active 1.2642 1.2572 AUD/USD BUY Active 0.7878 0.7938 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 reverses its gains in the morning session

Posted on February 20, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.27% against the USD and closed at USD62.51 per barrel, driven by escalating geopolitical tensions in the Middle East. In the Asian session, at GMT0400, the pair … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 20, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.39% against the USD and closed at USD16.74 per ounce, surrendering its previous session losses. In the Asian session, at GMT0400, the pair is trading at 16.61, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on February 20, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.3% against the USD and closed at USD1348.90 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1343.40, … Continue reading →

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AUD/USD: RBA upbeat on economy, worried over weak wage growth

Posted on February 20, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.2% against the USD and closed at 0.7914. LME Copper prices declined 0.9% or $66.0/MT to $7093.0/MT. Aluminium prices rose 3.5% or $77.0/MT to $2266.0/MT. In the Asian … Continue reading →

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

Posted on February 20, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2559. In the Asian session, at GMT0400, the pair is trading at 1.2580, with the USD trading 0.17% higher against the … Continue reading →

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