Gold: Yellow metal extends its gains in the Asian session

Posted on May 31, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 0.62% against the USD in the 24-hour period ending 23:00GMT, at 1212.00 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1215.40, … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on May 31, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.15% against the USD to close at 0.7186. LME Copper prices rose 0.43% or $20.0/MT to $4725.5/MT. Aluminium prices declined 0.06% or $1.0/MT to $1552.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s GDP data

Posted on May 31, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.3046. In economic news, Canada’s current account deficit widened to a level of C$16.77 billion in 1Q 2016, mainly due to … Continue reading →

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USD/CHF: Swiss KOF economic barometer improves to a one-year high level in May

Posted on May 31, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9916. The Swiss Franc gained ground, after Switzerland’s KOF leading indicator advanced above expectations to a one-year high level of 102.9 … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the morning session

Posted on May 31, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.09% against the JPY and closed at 110.94. In the Asian session, at GMT0300, the pair is trading at 111.06, with the USD trading 0.11% higher from yesterday’s … Continue reading →

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GBP/USD: Pound extends its gains in the Asian session

Posted on May 31, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.4626. In the Asian session, at GMT0300, the pair is trading at 1.4689, with the GBP trading 0.43% higher from yesterday’s … Continue reading →

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EUR/USD: Euro trading higher, ahead of the Euro-zone’s consumer price index data

Posted on May 31, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1139, after Germany’s flash consumer price index rebounded 0.3% MoM in May and matched market expectations, following a 0.4% decline in … Continue reading →

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Trading Signals as per 30-May-2016

Posted on May 30, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1152 1.1092 USD/CHF SELL Active 0.9982 0.9932 GBP/USD BUY Active 1.4548 1.4648 USD/JPY SELL Active 111.72 111.02 AUD/USD SELL Active 0.7202 0.7152 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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Trading Signals as per 27-May-2016

Posted on May 27, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.2958 1.3078 GBP/USD SELL Active 1.4722 1.4612 USD/CHF SELL Active 0.9952 0.9882 USD/JPY BUY Active 109.28 109.98 NZD/USD BUY Active 0.6692 0.6754 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 below its MA’s

Posted on May 27, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.50% against the USD for the 24-hour period ending 23:00GMT, closing at 49.36, reversing its previous session gains, as global supply glut concerns resurfaced. In the Asian session, at GMT0300, the pair is … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on May 27, 2016 by GCI Financial

Silver Movement Silver prices rose 0.34% to USD 16.34 per ounce during the 24 hours ending 23:00GMT, extending its previous session gains. In the Asian session, at GMT0300, the pair is trading at 16.17, with the silver trading 1.07% lower … Continue reading →

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