AUD/USD: Aussie trading on a firmer footing in the morning session

Posted on May 26, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.7188. LME Copper prices declined 0.02% or $1.0 /MT to $4636.0 /MT. Aluminium prices declined 0.90% or $14.0 /MT to $1539.0 … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: BoC leaves interest rate unchanged at 0.5%

Posted on May 26, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD to close at 1.3029. The Canadian dollar gained ground after the Bank of Canada (BoC) held its benchmark interest rate steady at 0.5%, as … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s Q1 industrial production data

Posted on May 26, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9915. The Swiss Franc gained ground, after Switzerland’s UBS consumption indicator advanced to a level of 1.47 in April, driven by … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen trading higher this morning

Posted on May 26, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.17% against the JPY and closed at 110.15. In the Asian session, at GMT0300, the pair is trading at 109.61, with the USD trading 0.49% lower from yesterday’s … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading tad higher, ahead of Britain’s Q1 GDP data

Posted on May 26, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.4696. In the Asian session, at GMT0300, the pair is trading at 1.4702, with the GBP trading marginally higher from yesterday’s … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains in the Asian session

Posted on May 26, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.1155, following the release of optimistic reports from Germany, the Euro-zone’s largest economy. Data showed that Germany’s GfK consumer confidence index … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 25-May-2016

Posted on May 25, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1202 1.1132 GBP/USD SELL Active 1.4692 1.4562 USD/CAD BUY Active 1.3058 1.3158 GBP/CHF SELL Active 1.4584 1.4422 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

Posted in Trading Signals | Leave a comment

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

Posted on May 25, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.84% against the USD for the 24-hour period ending 23:00GMT, closing at 49.19, after the American Petroleum Institute (API) reported that US oil inventories fell more-than-expected by 5.1 million barrels during the week … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing in the morning session

Posted on May 25, 2016 by GCI Financial

Silver Movement Silver prices declined 1.16% to USD 16.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 16.26, with the silver trading 0.28% higher from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the Asian session

Posted on May 25, 2016 by GCI Financial

Gold Movement Gold prices traded lower by 1.62% against the USD in the 24-hour period ending 23:00GMT, at 1229.80 per ounce, after the release of robust US new home sales data led to a broad strength in the greenback. Separately, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie reverses its losses in the Asian session

Posted on May 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.66% against the USD to close at 0.7176. Yesterday, in China, Australia’s largest trading partner, data showed that the nation’s CB leading economic index advanced 0.1% in April, … Continue reading →

Posted in AUD/USD | Comments Off