Silver: White metal extends its gains in the morning session

Posted on November 10, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.79% against the USD and closed at USD18.46, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 18.61, with the silver trading … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on November 10, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.49% against the USD and closed at USD1278.20 per ounce, amid increased risk aversion, after Americans unexpectedly elected Donald Trump as their 45th President. In the Asian session, at … Continue reading →

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AUD/USD: Australia’s consumer inflation expectations dropped in November

Posted on November 10, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.21% against the USD and closed at 0.7644. LME Copper prices rose 5.77% or $291.0/MT to $5335.0/MT. Aluminium prices rose 1.85% or $31.5/MT to $1737.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat in the morning session

Posted on November 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CAD and closed at 1.3407. In the Asian session, at GMT0400, the pair is trading at 1.3407, with the USD trading flat against the CAD … Continue reading →

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USD/CHF: Swiss franc trading higher in the Asian session

Posted on November 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9840. In the Asian session, at GMT0400, the pair is trading at 0.9828, with the USD trading 0.12% lower against the … Continue reading →

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USD/JPY: Timing of 2.0% CPI target remains a contentious issue, says the BoJ

Posted on November 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the JPY and closed at 105.64. In the Asian session, at GMT0400, the pair is trading at 105.18, with the USD trading 0.44% lower against the … Continue reading →

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GBP/USD: EU sharply reduced UK’s growth forecast for 2017

Posted on November 10, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2413. In economic news, UK’s total trade deficit expanded more-than-anticipated to a level of £5.2 billion in September, following a revised … Continue reading →

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EUR/USD: European Commission cuts Euro-zone’s growth forecasts for 2017, following heightened political uncertainties

Posted on November 10, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.86% against the USD and closed at 1.0918. Yesterday, the European Commission, in its first economic forecasts since the Brexit vote, raised the Euro-zone’s growth projection for this … Continue reading →

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Trading Signals as per 09-November-2016

Posted on November 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0908 1.1228 USD/CAD SELL Active 1.3572 1.3302 GBP/USD BUY Active 1.2288 1.2548 AUD/USD SELL Active 0.7782 0.7612 EUR/JPY SELL Active 115.72 113.82 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 the EIA’s weekly crude oil inventory data

Posted on November 9, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD44.88 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories rose more-than-expected by 4.4 million … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on November 9, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.55% against the USD and closed at USD18.32, extending its previous session gains. In the Asian session, at GMT0400, the pair is trading at 18.73, with the silver trading … Continue reading →

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