Monthly Archives: August 2015

EUR/USD: Euro trading a tad lower, ahead of the Euro-zone’s Sentix investor confidence data

Posted on August 10, 2015 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.27% against the USD and closed at 1.0957. In economic news, Germany’s industrial production declined 1.4% MoM in June, against market expectations of an increase of 0.3% and following a revised gain of … Continue reading →

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Crude Oil: Oil trading on a weaker footing in the Asian session

Posted on August 10, 2015 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 2.12% against the USD for the period ending 21:00GMT, closing at 43.85, as global glut of crude oil continued to persist. Oil further came under pressure, after data showed that US … Continue reading →

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Silver: White metal extends its gains this morning

Posted on August 10, 2015 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.75% to USD 14.74 per ounce during the period ending 21:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.81, with the silver trading 0.47% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on August 10, 2015 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1091.90 per ounce, as the greenback weakened, after the US non-farm payrolls increased less than expected in July. Separately, gold holdings … Continue reading →

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USD/CAD: Loonie extends its losses this morning

Posted on August 10, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD to close at 1.3136. The CAD lost ground after the seasonally adjusted Ivey PMI in Canada eased to 52.90 in July, after recording a … Continue reading →

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USD/JPY: Japanese Yen trading lower ahead of the BoJ’s economic survey

Posted on August 10, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the JPY and closed at 124.23. On Sunday, data revealed that Japan’s non-seasonally adjusted current account surplus in June dropped to ¥558.60 billion, less than market … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on August 10, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5489, after Britain’s total trade deficit widened to £1.60 billion in June, compared to previous month’s revised deficit of £0.88 billion … Continue reading →

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Trading Signals as per 7-August-2015

Posted on August 7, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.5438 1.5578 USD/JPY BUY Active 124.38 125.08 AUD/USD SELL Active 0.7412 0.7342 NZD/USD BUY Active 0.6518 0.6588 EUR/JPY SELL Active 136.72 135.82 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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USD/JPY: The BoJ refrained from changing its monetary policy

Posted on August 7, 2015 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.08% against the JPY and closed at 124.70. The Yen rose on the back of positive macroeconomic data. Japan’s preliminary leading economic index advanced to 107.20 in June, … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on August 7, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 44.80, as fears of global over-supply continued to persist. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 7, 2015 by GCI Financial

Silver Movement Silver prices rose 0.41% to USD 14.63 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.66, with the silver trading 0.21% higher … Continue reading →

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