Monthly Archives: December 2018

Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Posted on December 12, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.12% against the USD and closed at USD52.05 per barrel, amid sudden disruptions in Libya’s output. Additionally, the American Petroleum Institute (API) reported that US crude oil … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on December 12, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.17% against the USD and closed at USD14.66 per ounce. In the Asian session, at GMT0400, the pair is trading at 14.71, with silver trading 0.34% higher against the … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on December 12, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.14% against the USD and closed at USD1248.40 per ounce. In the Asian session, at GMT0400, the pair is trading at 1250.10, with gold trading 0.14% higher against the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Australia’s Westpac consumer confidence index advanced in December

Posted on December 12, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7209. LME Copper prices rose 0.8% or $51.0/MT to $6163.0/MT. Aluminium prices declined 0.1% or $1.5/MT to $1949.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its gains in the morning session

Posted on December 12, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3387. In the Asian session, at GMT0400, the pair is trading at 1.3377, with the USD trading 0.07% lower against the … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading a tad higher in the Asian session

Posted on December 12, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9932. In the Asian session, at GMT0400, the pair is trading at 0.9928, with the USD trading slightly lower against the … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japan’s machinery orders rose less-than-estimated in October

Posted on December 12, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the JPY and closed at 113.41. In economic news, Japan’s machinery orders rose 7.6% on a monthly basis in October, falling short of market expectations for … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Britain’s average weekly earnings advanced to a 10-year high level in August-October 2018

Posted on December 12, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.58% against the USD and closed at 1.2490, amid ongoing Brexit uncertainty. On the data front, UK’s ILO unemployment rate remained steady at a rate of 4.1% in … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro-zone’s ZEW economic sentiment index surprisingly rose in December

Posted on December 12, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.1321. Data indicated that the Euro-zone’s ZEW economic sentiment index advanced to a level of -21.0 in December, compared to a … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 12-November-2018

Posted on December 11, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1412 1.1342 USD/CHF SELL Active 0.9932 0.9872 USD/JPY BUY Active 112.78 113.38 NZD/USD SELL Active 0.6902 0.6852 GBP/CHF BUY Active 1.2338 1.2511 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading higher, ahead of API’s weekly crude oil stockpiles data

Posted on December 11, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 3.03% against the USD and closed at USD50.97 per barrel, amid worries over a slowdown in global oil demand. In the Asian session, at GMT0400, the pair … Continue reading →

Posted in Crude Oil | Comments Off