Monthly Archives: February 2018

USD/JPY: Japan’s trade surplus widened above expectations in January

Posted on February 19, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the JPY and closed at 106.36 on Friday. In the Asian session, at GMT0400, the pair is trading at 106.33, with the USD trading 0.03% lower … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s retail sales rises less than expected in January

Posted on February 19, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.4013 on Friday, after data showed that UK’s retail sales came in worse-than-expected in January. Britain’s retail sales grew at a … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading higher in the Asian session

Posted on February 19, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 1.02% against the USD and closed at 1.2407 on Friday. On the macro front, Germany’s wholesale price index rose 0.9% on a monthly basis in January, beating market … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 16-February-2018

Posted on February 16, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9262 0.9172 USD/JPY SELL Active 106.42 105.42 AUD/USD BUY Active 0.7928 0.7998 GBP/CHF SELL Active 1.307 1.2951 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

Posted in Trading Signals | Leave a comment

Gold: Yellow metal extends gains in the Asian session

Posted on February 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.2% against the USD and closed at USD1353.60 per ounce, amid a broad weakness in the US Dollar. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

Posted in Gold | Comments Off

USD/CAD: Canada’s existing home sales dropped in January

Posted on February 16, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CAD and closed at 1.2485. Gains in the loonie were limited following dovish talks by the Bank of Canada Deputy Governor, Lawrence Schembri. Also, Canada’s … Continue reading →

Posted in USD/CAD | Comments Off

USD/JPY: Japanese Yen extends its gains in the morning session

Posted on February 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the JPY and closed at 106.19, after the US industrial production unexpectedly declined in January, dragged down by a sharp decline in mining output and a … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading on a positive footing, ahead of Britain’s retail sales data

Posted on February 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.4093. In the Asian session, at GMT0400, the pair is trading at 1.4117, with the GBP trading 0.17% higher against the … Continue reading →

Posted in GBP/USD | Comments Off

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Posted on February 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at USD61.43 per barrel, following comments by United Arab Emirates (UAE) Energy Minister. UAE’s Energy Minister, Suhail al-Mazroui, stated that Saudi … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the Asian session

Posted on February 16, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.32% against the USD and closed at USD16.83 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.89, with silver … Continue reading →

Posted in Silver | Comments Off

AUD/USD: AUD trading on a stronger footing in the morning session

Posted on February 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.14% against the USD and closed at 0.7941. LME Copper prices rose 1.95% or $136.0/MT to $7098.0/MT. Aluminium prices rose 1.22% or $26.0/MT to $2164.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off