Monthly Archives: February 2016

Gold: Yellow metal trading higher this morning

Posted on February 25, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.11% against the USD and closed at 1227.00, reversing its previous session gains. In the Asian session, at GMT0400, the pair is trading at 1234.6, with the gold trading … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on February 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined marginally against the USD and closed at 0.7190. LME Copper prices declined 1.67% or $78.0/MT to $4585.5/MT. Aluminium prices declined 1.46% or $23.0/MT to $1552.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the Asian session

Posted on February 25, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD and closed at 1.3703. In the Asian session, at GMT0400, the pair is trading at 1.3724, with the USD trading 0.15% higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Switzerland’s Q4 industrial production data

Posted on February 25, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CHF and closed at 0.9888. On the economic front, data showed that Switzerland’s UBS consumption indicator advanced to a level of 1.66 in January, compared … Continue reading →

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USD/JPY: Japanese Yen reverses its gains in the Asian session

Posted on February 25, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the JPY and closed at 111.96. In the Asian session, at GMT0400, the pair is trading at 112.37, with the USD trading 0.36% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher, ahead of UK’s flash Q4 GDP data

Posted on February 25, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.67% against the USD and closed at 1.3930, amid fears that Britain might vote to leave the European Union in a June referendum. In economic news, UK’s BBA … Continue reading →

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EUR/USD: Euro trading higher, ahead of Euro-zone’s January inflation data

Posted on February 25, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined marginally against the USD and closed at 1.1019. Yesterday, the ECB Governing Council member, Jens Weidmann, warned that adding excessive stimulus and keeping interest rates too low for … Continue reading →

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Trading Signals as per 24-February-2016

Posted on February 24, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 122.28 123.38 AUD/USD BUY Active 0.7158 0.7218 USD/CAD BUY Active 1.3718 1.3858 USD/JPY SELL Active 112.62 111.62 EUR/USD SELL Active 1.1052 1.0972 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 lower in the Asian session

Posted on February 24, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.21% against the USD and closed at 31.46, after Saudi Arabia’s oil minister, Ali Al-Naimi, shattered hopes for output cuts, coupled with a higher-than-expected build in US … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on February 24, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.82% against the USD and closed at 15.35, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading … Continue reading →

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Gold: Yellow metal extends its gains this morning

Posted on February 24, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.66% against the USD and closed at 1228.40, reversing its previous session losses, as a slump in global equity markets prompted investors to turn to the safe-haven yellow metal. … Continue reading →

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