Monthly Archives: May 2018

Crude Oil: Oil reverses its losses in the Asian session

Posted on May 16, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.21% against the USD and closed at USD70.95 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly rose by 4.9 million … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher in the Asian session

Posted on May 16, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.57% against the USD and closed at USD16.29 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.30, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading on a stronger footing this morning

Posted on May 16, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.72% against the USD and closed at USD1291.00 per ounce, amid a broad strength in the US Dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s Westpac consumer confidence eased in May

Posted on May 16, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.74% against the USD and closed at 0.7470. LME Copper prices declined 0.08% or $5.5/MT to $6822.5/MT. Aluminium prices rose 1.2% or $27.5/MT to $2313.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s existing home sales surprisingly declined to a 5-year low in April

Posted on May 16, 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 1.2874. The Canadian Dollar declined against the USD, after Canada’s existing home sales unexpectedly dropped 2.9% on a monthly basis in … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s producer & import prices rebounded in April

Posted on May 16, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CHF and closed at 1.0009. On the data front, Switzerland producer and import price index rose 0.4% on a monthly basis in April, after registering … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s economy surprisingly contracted in the first three months of 2018

Posted on May 16, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the JPY and closed at 110.25. In the Asian session, at GMT0300, the pair is trading at 110.26, with the USD trading slightly higher against the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s ILO unemployment remained steady at a 42 year low in the three months to March, wage growth slows in the same period

Posted on May 16, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.44% against the USD and closed at 1.3501, after fresh figures pointed to a slowdown in UK’s wage growth. On the macro front, Britain’s ILO unemployment rate remained … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: GDP growth across the Euro-bloc slowed in the first quarter of 2018

Posted on May 16, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.89% against the USD and closed at 1.1824, following downbeat GDP figures across the Euro-zone. Data indicated that the Euro-zone’s seasonally adjusted flash gross domestic product (GDP) rose … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 15-May-2018

Posted on May 15, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 1.0052 0.9972 GBP/USD BUY Active 1.3488 1.3558 USD/JPY BUY Active 109.68 110.18 AUD/USD BUY Active 0.7478 0.7528 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

Crude Oil: Oil reverses its gains, ahead of API’s weekly crude oil inventories data

Posted on May 15, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.87% against the USD and closed at USD71.10 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC), in its monthly report, revised up its demand … Continue reading →

Posted in Crude Oil | Comments Off