Monthly Archives: May 2018

EUR/USD: Euro-zone’s trade surplus widened above expectations in March

Posted on May 21, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.24% against the USD and closed at 1.1768 on Friday, dragged by prolonged political uncertainty in Italy. In economic news, the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected … Continue reading →

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Trading Signals as per 18-May-2018

Posted on May 18, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3448 1.3538 USD/JPY BUY Active 110.68 111.85 AUD/USD SELL Active 0.7542 0.7492 EUR/JPY BUY Active 130.48 131.28 NZD/USD BUY Active 0.6872 0.6922 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 gains, ahead of Baker Hughes weekly rig count data

Posted on May 18, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.11% against the USD and closed at USD71.60 per barrel, lifted by persistent concerns over potential disruption to global crude supplies. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on May 18, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.40% against the USD and closed at USD16.45 per ounce, extending its prior session gains. In the Asian session, at GMT0300, the pair is trading at 16.43, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on May 18, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.11% against the USD and closed at USD1289.70 per ounce, as strength in the greenback dented demand for the safe haven asset. In the Asian session, at GMT0300, the … Continue reading →

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AUD/USD: Aussie trading slightly lower in the Asian session

Posted on May 18, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.7512. LME Copper prices rose 0.95% or $ 64.5/MT to $ 6838.0/MT. Aluminium prices declined 1.70% or $39.5/MT to $2280.0/MT. In … Continue reading →

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USD/CAD: Loonie trading on a stronger footing, ahead of key economic releases in Canada

Posted on May 18, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2831. In the Asian session, at GMT0300, the pair is trading at 1.2825, with the USD trading 0.05% lower against the … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on May 18, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 1.0014. In the Asian session, at GMT0300, the pair is trading at 1.0008, with the USD trading 0.06% lower against the … Continue reading →

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USD/JPY: Japan’s annual inflation grew less-than-expected in April

Posted on May 18, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the JPY and closed at 110.81. In the Asian session, at GMT0300, the pair is trading at 110.97, with the USD trading 0.14% higher against the … Continue reading →

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GBP/USD: Pound trading a tad lower in the morning session

Posted on May 18, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.3515. In the Asian session, at GMT0300, the pair is trading at 1.3513, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: Euro-zone’s construction output dipped for the third consecutive month in March

Posted on May 18, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1796, amid continuous political uncertainty in Italy. On the economic front, the Euro-zone’s seasonally adjusted construction output declined 0.3% on a … Continue reading →

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