Monthly Archives: August 2015

Gold: Yellow metal reverses its gains in the Asian session

Posted on August 7, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1089.10 per ounce, after a decline in global equity markets increased the demand for the precious metal as an alternative investment. … Continue reading →

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AUD/USD: AUD is trading higher after RBA issued upbeat monetary policy statement

Posted on August 7, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.7345. LME Copper prices declined 0.97% or $50.5/MT to $5165.0/MT. Aluminium prices declined 1.55%% or $24.5/MT to $1553.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its gains, ahead of Canada’s July unemployment rate

Posted on August 7, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.3108. In the Asian session, at GMT0300, the pair is trading at 1.312, with the USD trading 0.09% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading flat ahead of Switzerland’s unemployment rate

Posted on August 7, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9810. The CHF lost ground after the SECO’s consumer climate index for Switzerland slumped to -19.00 in 2Q 2015. The index had … Continue reading →

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GBP/USD: Pound closed on a negative footing after the BoE kept its interest rates intact

Posted on August 7, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5511, after the BoE’s minutes for its latest meeting revealed that only one MPC member was in favour of an interest … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on August 7, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0927, after German factory orders topped market expectations in June. Data showed that Germany’s factory orders increased at a faster-than-expected pace, … Continue reading →

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Trading Signals as per 06-August-2015

Posted on August 6, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 135.28 136.28 USD/JPY SELL Active 125.32 124.52 USD/CAD BUY Active 1.3098 1.3198 EUR/USD SELL Active 1.0945 1.0880 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading on a weaker footing this morning

Posted on August 6, 2015 by GCI Financial

Crude Oil Movement Crude oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 45.22, despite the Energy Information Administration (EIA) disclosing a drawdown in US crude stockpiles. The EIA revealed that US crude … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on August 6, 2015 by GCI Financial

Silver Movement Silver prices rose 0.31% to USD 14.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.55, with silver trading 0.1% lower from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on August 6, 2015 by GCI Financial

Gold Movement Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1084.60 per ounce, after stronger than expected US ISM non-manufacturing PMI data bolstered the case of an imminent rate hike by … Continue reading →

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AUD/USD: AUD trading lower after Australia’s unemployment rate rose to 6.3% in July

Posted on August 6, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.37% against the USD to close at 0.7355. LME Copper prices rose 0.35% or $5.5/MT to $1569.5/MT. Aluminium prices declined 0.10%% or $5.0/MT to $5171.5/MT. In the Asian … Continue reading →

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