AUD/USD: Australia’s building approvals surprisingly advanced in October

Posted on November 30, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.7572. LME Copper prices declined 0.6% or $43.5/MT to $6756.5/MT. Aluminium prices declined 1.8% or $38.0/MT to $2062.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher this morning

Posted on November 30, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.2864. In the Asian session, at GMT0400, the pair is trading at 1.2860, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss ZEW economic expectations index climbed in November

Posted on November 30, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CHF and closed at 0.9844. On the macro front, Switzerland’s ZEW economic expectations index advanced to a level of 40.7 in November, compared to a … Continue reading →

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USD/JPY: Japan’s industrial output posts a modest rise in October

Posted on November 30, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the JPY and closed at 111.98. In the Asian session, at GMT0400, the pair is trading at 111.98, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: UK’s mortgage approvals declined to its lowest since September 2016 in October

Posted on November 30, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.45% against the USD and closed at 1.3414, on hopes that Britain and the European Union moved closer to a Brexit deal. In economic news, UK’s mortgage approvals … Continue reading →

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EUR/USD: Germany’s annual inflation topped market expectations in November

Posted on November 30, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1852, after data showed that inflation in the Euro-zone’s largest economy picked up for first time in three months in November. The flash consumer price … Continue reading →

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Trading Signals as per 29-November-2017

Posted on November 29, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1808 1.1888 GBP/USD SELL Active 1.3512 1.3352 USD/CAD SELL Active 1.2892 1.2812 USD/CHF BUY Active 0.9778 0.9848 NZD/USD SELL Active 0.6957 0.6900 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 a tad higher, ahead of EIA’s weekly crude oil inventories data

Posted on November 29, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.35% against the USD and closed at USD57.66 per barrel, amid anxiety ahead of an OPEC meeting to discuss output cuts. Additionally, the American Petroleum Institute (API) … Continue reading →

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Silver: White metal reverses its losses in the morning session

Posted on November 29, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.2% against the USD and closed at USD16.92 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.94, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on November 29, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.1% against the USD and closed at USD1297.60 per ounce, amid strength in the greenback. In the Asian session, at GMT0400, the pair is trading at 1299.30, with gold … Continue reading →

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AUD/USD: RBA to hike benchmark interest rate soon, predicts OECD

Posted on November 29, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7600. Yesterday, the OECD stated that the Australian economy will continue to expand at a robust pace, with the labour market … Continue reading →

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