Monthly Archives: May 2018

Trading Signals as per 31-May-2018

Posted on May 31, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9848 0.9908 USD/CAD BUY Active 1.2798 1.2608 EUR/JPY SELL Active 127.72 126.12 NZD/USD BUY Active 0.6966 0.7018 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 higher, ahead of EIA’s weekly crude oil inventories data

Posted on May 31, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.91% against the USD and closed at USD68.14 per barrel, following reports that OPEC and Russia would stick to their oil supply cuts until the end of … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on May 31, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.73% against the USD and closed at USD16.54 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.52, with silver trading 0.09% lower against the … Continue reading →

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Gold: Yellow metal trading a tad higher in the Asian session

Posted on May 31, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1306.10 per ounce, amid weakness in US Dollar. In the Asian session, at GMT0300, the pair is trading at 1306.60, with gold … Continue reading →

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AUD/USD: RBA would start raising interest rates by the year-end: OECD

Posted on May 31, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.95% against the USD and closed at 0.7573. Yesterday, the OECD stated that it expects Australia’s economic growth to accelerate by 2.9% in 2018 and by 3.0% next … Continue reading →

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USD/CAD: BoC maintained key interest rate steady, keeps door open for a June rate hike

Posted on May 31, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.0% against the CAD and closed at 1.2890. The Canadian Dollar advanced against the USD, after the Bank of Canada (BoC), at its May monetary policy meeting, hinted … Continue reading →

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USD/CHF: Switzerland’s ZEW expectations index jumped in May, while KOF leading indicator unexpectedly fell in the same month

Posted on May 31, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.9888. On the data front, Switzerland’s ZEW economic expectations index rose to a level of 28.0 in May, after registering a … Continue reading →

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USD/JPY: Japan’s consumer confidence increased marginally in April

Posted on May 31, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the JPY and closed at 108.82. On the data front, Japan’s consumer confidence index slightly increased to a level of 43.8 in May, compared to market … Continue reading →

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GBP/USD: UK economy would grow at a faster pace this year and next: OECD

Posted on May 31, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.20% against the USD and closed at 1.3284. Yesterday, the Paris based think tank, OECD raised Britain’s growth outlook to 1.4% this year and to 1.3% in 2019, … Continue reading →

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EUR/USD: German inflation figures climbed more than estimated

Posted on May 31, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.07% against the USD and closed at 1.1664, as renewed efforts to form a coalition government in Italy reduced fears of an early election. On the economic front, … Continue reading →

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Trading Signals as per 30-May-2018

Posted on May 30, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD SELL Active 1.3052 1.2962 EUR/USD SELL Active 1.1652 1.1542 GBP/USD BUY Active 1.3198 1.3308 GBP/CHF BUY Active 1.3006 1.3203 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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