EUR/USD: Euro trading higher ahead of the Euro-zone’s Q1 GDP data

Posted on June 9, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.59% against the USD and closed at 1.1284, as Germany’s industrial production data surpassed market expectations. Data released indicated that industrial production in Germany rebounded 0.90% on a … Continue reading →

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Crude Oil: Oil trading marginally higher this morning

Posted on June 9, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 58.36, as supply concerns persisted in the oil market after China’s crude oil imports dropped 11% YoY in May. However, … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on June 9, 2015 by GCI Financial

Silver Movement Silver prices declined 0.62% to USD 15.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.00, with the silver trading 0.57% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on June 9, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1172.60 per ounce, as a broad weakness in the greenback coupled with a slump in the global equity markets bolstered demand … Continue reading →

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

Posted on June 9, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.90% against the USD to close at 0.7690. LME Copper prices declined 0.16% or $9.5/MT to $5915.0/MT. Aluminium prices rose 0.12% or $2.0/MT to $1695.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher this morning

Posted on June 9, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CAD to close at 1.2412. The CAD traded on a stronger footing, following a better-than-expected housing data in Canada. Data released showed that housing starts … Continue reading →

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s consumer prices data

Posted on June 9, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.39% against the CHF and closed at 0.9274. In the Asian session, at GMT0300, the pair is trading at 0.9264, with the USD trading 0.11% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen extends its gains in the Asian session

Posted on June 9, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.85% against the JPY and closed at 124.59. Yesterday, data showed that Japan’s Eco Watchers Survey for the current situation dropped unexpectedly to 53.30, compared to market expectations … Continue reading →

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GBP/USD: Pound trading on a stronger footing ahead of the BoE’s inflation report

Posted on June 9, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.5342. Yesterday, the BRC indicated that retail sales across all sectors in the UK remained flat on an annual basis in … Continue reading →

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Trading Signals as per 8-June-2015

Posted on June 8, 2015 by GCI Financial

  Pair Action Status Stop Loss Take Profit EURUSD BUY Active 1.1088 1.1258 GBPUSD SELL Active 1.5352 1.5232 USDJPY BUY Active 124.58 125.58 AUD/USD SELL Active 0.7702 0.7602 GBP/CHF BUY Active 1.4198 1.4378 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on June 8, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 1.61% against the USD for the period ending 21:00GMT, closing at 58.83. The OPEC as expected, at its meeting in Vienna, decided to keep its production target unchanged at 30 million … Continue reading →

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