Monthly Archives: August 2015

Crude Oil: Crude oil extends its losses after China’s currency devaluation

Posted on August 12, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.26% against the USD for the 24 hour period ending 23:00GMT, closing at 43.34 following OPEC’s statement that its members continued to increase its supplies. Additionally, OPEC also raised its projection of non-member … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver reverses its gains in the Asian session

Posted on August 12, 2015 by GCI Financial

Silver Movement Silver prices rose 0.20% to USD 15.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 15.14, with the silver trading 1.01% lower from yesterday’s close. The pair … Continue reading →

Posted in Silver | Comments Off

Gold: Gold extends its gains in the Asian session

Posted on August 12, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1108.10 per ounce. In the Asian session, at GMT0300, the pair is trading at 1110.00, with the gold trading 0.17% higher … Continue reading →

Posted in Gold | Comments Off

AUD/USD: AUS extends its losses in the Asian session

Posted on August 12, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.31% against the USD to close at 0.7316. LME Copper prices declined 0.19% or $6.0/MT to $1547.0/MT. Aluminium prices declined 0.19% or $10.0/MT to $5140.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its losses this morning

Posted on August 12, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3101. The seasonally adjusted housing starts in Canada dropped more than expected to 193.00 K in July and notched its first … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on August 12, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CHF and closed at 0.9885. In the Asian session, at GMT0300, the pair is trading at 0.9867, with the USD trading 0.18% lower from yesterday’s … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen extends its losses after the BoJ minutes

Posted on August 12, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the JPY and closed at 125.06. The Yen lost ground after preliminary figures reported that machine tool orders in Japan rose only 1.60% YoY in July, … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading lower ahead of UK’s ILO unemployment rate

Posted on August 12, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.5583. In the Asian session, at GMT0300, the pair is trading at 1.556, with the GBP trading 0.15% lower from yesterday’s … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains, ahead of Eurozone’s industrial production data

Posted on August 12, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1046, as Greece clinched its third bailout and after Eurozone’s current situation index rose more than expected to 65.7, while the … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 11-August-2015

Posted on August 11, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.0908 1.1018 USD/CHF SELL Active 0.9912 0.9812 GBP/CHF SELL Active 1.5452 1.5272 USD/JPY BUY Active 124.18 124.88 USD/CAD BUY Active 1.3008 1.3108 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals, Uncategorized | Leave a comment

AUD/USD: AUD drops after China decides to devalue the Chinese Yuan

Posted on August 11, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally strengthened against the USD to close at 0.7413. LME Copper prices rose 0.28% or $14.5MT to $5150.0/MT. Aluminium prices declined 0.22% or $3.5/MT to $1553.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off