Monthly Archives: May 2018

USD/CHF: Switzerland’s unemployment rate surprisingly declined in April

Posted on May 9, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CHF and closed at 1.0018. In economic news, Switzerland’s seasonally adjusted unemployment rate unexpectedly eased to 2.7% in April, confounding market consensus for an advance … Continue reading →

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

Posted on May 9, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the JPY and closed at 109.09. In the Asian session, at GMT0300, the pair is trading at 109.49, with the USD trading 0.37% higher against the … Continue reading →

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GBP/USD: UK Halifax house prices dropped by the most since September 2010 in April

Posted on May 9, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.10% against the USD and closed at 1.3547, following downbeat housing sector report from the UK. Data indicated that UK’s Halifax house price index dipped more-than-anticipated by 3.1% … Continue reading →

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EUR/USD: German industrial production jumped by the most since November 2017 in March

Posted on May 9, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.1861, pressured by fresh worries over political turmoil in Italy. On the macro front, data showed that Germany’s seasonally adjusted trade … Continue reading →

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Trading Signals as per 8-May-2018

Posted on May 8, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1962 1.1892 USD/CHF SELL Active 1.0082 1.0012 GBP/USD SELL Active 1.3612 1.3532 NZD/USD SELL Active 0.7054 0.7004 GBP/CHF SELL Active 1.3644 1.3567 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 between its MA’s, ahead of API’s weekly crude oil inventories data

Posted on May 8, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.20% against the USD and closed at USD69.99 per barrel, lifted by worries over a looming decision on whether the US would reinstate sanctions on Iran and … Continue reading →

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Silver: White metal trading a tad lower this morning

Posted on May 8, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.33% against the USD and closed at USD16.51 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.50, with silver … Continue reading →

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Gold: Yellow metal trading slightly lower this morning

Posted on May 8, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.24% against the USD and closed at USD1314.90 per ounce, amid strength in the US Dollar and a rally in global equities. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Australia’s monthly retail sales came in flat in March

Posted on May 8, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.19% against the USD and closed at 0.7515. LME Copper prices declined 0.79% or $54.0/MT to $6783.0/MT. Aluminium prices declined 1.40% or $33.0/MT to $2316.0/MT. On the macro … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on May 8, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.2885. On Friday, data revealed that Canada’s seasonally adjusted Ivey PMI rose to a level of 71.5 in April, compared to … Continue reading →

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USD/CHF: Swiss inflation came in softer-than-expected in April

Posted on May 8, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 1.0027. On the data front, Switzerland’s consumer price index (CPI) advanced less-than-anticipated by 0.2% on a monthly basis in April, compared … Continue reading →

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