Monthly Archives: February 2016

Crude Oil: Oil reverses its gains in the Asian session

Posted on February 29, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.33% against the USD and closed at 33.05, extending its previous session gains, after Baker Hughes report showed that the US oil rig count fell by 13 … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 29, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.87% against the USD and closed at 14.75, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.67, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on February 29, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.86% against the USD and closed at 1224.40, as the release of upbeat US economic data increased investor’s risk-taking appetite and weighed on the demand-outlook of the safe-haven metal. … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on February 29, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.47% against the USD and closed at 0.7126. LME Copper prices rose 0.56% or $26.0/MT to $4681.0/MT. Aluminium prices declined 0.72% or $11.5/MT to $1588.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower this morning

Posted on February 29, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3525. In the Asian session, at GMT0400, the pair is trading at 1.3533, with the USD trading 0.08% higher from Friday’s … Continue reading →

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USD/CHF: Swiss Franc reverses its losses this morning

Posted on February 29, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CHF and closed at 0.9975. In the Asian session, at GMT0400, the pair is trading at 0.9975, with the USD trading marginally lower from Friday’s … Continue reading →

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USD/JPY: Japan’s industrial production increased at the fastest pace in a year in January

Posted on February 29, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.89% against the JPY and closed at 113.93. In the Asian session, at GMT0400, the pair is trading at 113.32, with the USD trading 0.48% lower from Friday’s … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s mortgage approvals data

Posted on February 29, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.3866. In the Asian session, at GMT0400, the pair is trading at 1.3857, with the GBP trading 0.13% lower from Friday’s … Continue reading →

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EUR/USD: Germany’s annual inflation down to zero in February

Posted on February 29, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.83% against the USD and closed at 1.0928, after downbeat economic data across the Euro-zone. Data indicated that, the Eurozone’s final consumer confidence index eased to -8.8 in … Continue reading →

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Trading Signals as per 26-February-2016

Posted on February 26, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1112 1.1032 USD/JPY BUY Active 112.08 113.08 USD/CAD SELL Active 1.3612 1.3492 AUD/USD BUY Active 0.7178 0.7248 EUR/JPY SELL Active 125.32 124.32 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 in the Asian session

Posted on February 26, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.33% against the USD and closed at 32.94, as investors focussed on an upcoming meeting of major oil producers to address the persistent global supply glut. In … Continue reading →

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