Monthly Archives: August 2016

Trading Signals as per 31-August-2016

Posted on August 31, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1182 1.1122 USD/CHF SELL Active 0.9872 0.9812 GBP/USD BUY Active 1.3078 1.3178 AUD/USD SELL Active 0.7542 0.7492 USD/CAD BUY Active 1.3038 1.3118 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 higher, ahead of the EIA’s weekly crude stockpiles data

Posted on August 31, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.76% against the USD and closed at USD46.20 per barrel, after the American Petroleum Institute (API) disclosed that US crude oil inventories recorded a build of 0.94 … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 31, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, the Silver declined 1.24% against the USD and closed at 18.69, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.77, with the silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on August 31, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.9% against the USD and closed at USD1314.5 per ounce, after upbeat US economic data increased speculation that the next US Federal Reserve interest rate hike may come sooner … Continue reading →

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AUD/USD: Aussie trading on a stronger footing, ahead of the AiG performance of manufacturing index data

Posted on August 31, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.77% against the USD and closed at 0.7515. LME Copper prices declined 0.28% or $13.0/MT to $4609.0/MT. Aluminium prices traded flat to trade at $1627.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s current account deficit widened in Q2 2016

Posted on August 31, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3089. Macroeconomic data indicated that, Canada’s current account deficit climbed less-than-anticipated to a level of C$19.9 billion in 2Q 2016, compared … Continue reading →

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USD/CHF: Swiss KOF leading indicator drops to an eight-month low level in August

Posted on August 31, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 0.9828. On the data front, Switzerland’s KOF leading indicator fell more-than-expected to a level of 99.8 in August, hitting an eight-month … Continue reading →

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USD/JPY: Japan’s flash industrial production remained flat in July

Posted on August 31, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the JPY and closed at 102.92. In the Asian session, at GMT0300, the pair is trading at 102.90, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: UK’s consumer confidence improved in August

Posted on August 31, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3082. In economic news, the number of mortgage approvals for house purchases in the UK eased more-than-expected to a level of … Continue reading →

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EUR/USD: German inflation unexpectedly stagnated in August

Posted on August 31, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.34% against the USD and closed at 1.1146, after Germany’s preliminary consumer price index (CPI) unexpectedly remained flat on a monthly basis in August, piling pressure on the … Continue reading →

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Trading Signals as per 30-August-2016

Posted on August 30, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1202 1.1152 GBP/USD SELL Active 1.3122 1.3032 USD/CAD BUY Active 1.3008 1.3068 USD/CHF SELL Active 0.9832 0.9762 NZD/USD BUY Active 0.7202 0.7264 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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