Monthly Archives: May 2018

Silver: White metal reverses its losses in the Asian session

Posted on May 29, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD16.49 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 higher in the Asian session

Posted on May 29, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.08% against the USD and closed at USD1302.10 per ounce, as a broad strength in the greenback and improved risk appetite dented demand for the precious yellow metal. In … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on May 29, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.7546. LME Copper prices rose 0.75% or $51.0/MT to $6886.0/MT. Aluminium prices rose 0.48% or $11.0/MT to $2282.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on May 29, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CAD and closed at 1.2995. In the Asian session, at GMT0300, the pair is trading at 1.2989, with the USD trading 0.05% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad higher this morning

Posted on May 29, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9934. In economic news, Switzerland’s total sight deposits nudged up to a level of CHF576.6 billion in the week ended 25 … Continue reading →

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USD/JPY: Japan’s jobless rate remained steady in April

Posted on May 29, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 109.43. In the Asian session, at GMT0300, the pair is trading at 109.03, with the USD trading 0.37% lower against the … Continue reading →

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GBP/USD: British economy slowed as initially estimated in 1Q 2018

Posted on May 29, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.05% against the USD and closed at 1.3310. On Friday, data revealed that the second estimate of UK’s gross domestic product (GDP) advanced 0.1% on a quarterly basis … Continue reading →

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EUR/USD: German business sentiment held steady in May

Posted on May 29, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.64% against the USD and closed at 1.1628, pressured by prospects of fresh elections in Italy and Spain. On Friday, data indicated that Germany’s Ifo business climate index … Continue reading →

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Trading Signals as per 28-May-2018

Posted on May 28, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 109.08 109.68 NZD/USD BUY Active 0.6921 0.6971 USD/CHF SELL Active 0.9952 0.9902 GBP/USD BUY Active 1.3268 1.3338 AUD/USD BUY Active 0.7528 0.7578 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Trading Signals as per 25-May-2018

Posted on May 25, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9982 0.9902 GBP/USD BUY Active 1.3298 1.3388 AUD/USD SELL Active 0.7622 0.7572 EUR/JPY SELL Active 128.92 127.42 NZD/USD SELL Active 0.6965 0.6915 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 extends its losses, ahead of Baker Hughes weekly rig count data

Posted on May 25, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.53% against the USD and closed at USD70.76 per barrel, after Russia signalled at a gradual increase in crude production and the Organisation of the Petroleum Exporting … Continue reading →

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