Daily Archives: April 8, 2016

Trading Signals as per 8-April-2016

Posted on April 8, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1288 1.1388 USD/CHF SELL Active 0.9612 0.9542 USD/CAD BUY Active 1.3028 1.3148 AUD/USD SELL Active 0.7582 0.7492 GBP/CHF SELL Active 1.3536 1.3417 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 above its MA’s

Posted on April 8, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.56% against the USD for the 24-hour period ending 23:00GMT, closing at 37.61, reversing its previous session gains, as rising exports from Iraq resurfaced global supply glut concerns. In the Asian session, at … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 8, 2016 by GCI Financial

Silver Movement Silver prices rose 0.93% to USD 15.22 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 15.2, with the silver trading 0.1% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on April 8, 2016 by GCI Financial

Gold Movement Gold prices traded higher by 1.37% against the USD in the 24-hour period ending 23:00GMT, at 1241.90 per ounce, amid a broad slump in global equity markets. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on April 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.19% against the USD to close at 0.7511. In economic news, Australia’s foreign exchange reserves rose to A$64.3 billion in March. In the prior month, foreign exchange reserves … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s unemployment rate data

Posted on April 8, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.3144. In economic news, Canadian building permits rebounded above expectations by 15.5% MoM, in February, its largest monthly increase in over … Continue reading →

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USD/CHF: Swiss Franc trading tad lower, ahead of Switzerland’s consumer price inflation data

Posted on April 8, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9563. In economic news, Switzerland’s foreign currency reserves advanced to a level of CHF575.8 billion in March, after recording a revised … Continue reading →

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USD/JPY: Japanese Yen trading lower, ahead of Japan’s consumer confidence index data

Posted on April 8, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.26% against the JPY and closed at 108.34. In the Asian session, at GMT0300, the pair is trading at 108.58, with the USD trading 0.22% higher from yesterday’s … Continue reading →

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GBP/USD: Pound trading higher, ahead of NIESR’s GDP estimate data

Posted on April 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.51% against the USD and closed at 1.4055, as the uncertainty around the “Brexit” continues to keep the Pound under pressure. On the economic front, UK’s Halifax house … Continue reading →

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EUR/USD: Euro trading lower, ahead of Germany’s trade balance data

Posted on April 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1374, after the ECB Chief, Mario Draghi, stated that the Euro-zone is prone to challenges from global economic shocks and is … Continue reading →

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