Monthly Archives: June 2016

Crude Oil: Oil trading lower, ahead of the API’s weekly crude oil inventory data

Posted on June 14, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.78% against the USD for the 24-hour period ending 23:00GMT, closing at 48.50, extending losses for the third consecutive session. Separately, the Organisation of the Petroleum Exporting Countries (OPEC) predicted that the global … Continue reading →

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Silver: White metal trading on a weaker footing in the morning session

Posted on June 14, 2016 by GCI Financial

Silver Movement Silver prices rose 0.72% to USD17.46 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 17.36, with the silver trading 0.57% lower from … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on June 14, 2016 by GCI Financial

Gold Movement Gold prices traded 0.79% higher against the USD in the 24-hour period ending 23:00GMT, at USD1286.40 per ounce, rising for the fourth straight session, amid a weaker greenback and sliding global equity markets, ahead of key central bank … Continue reading →

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AUD/USD: Australia’s business conditions remain resilient, but confidence deteriorates

Posted on June 14, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.11% against the USD to close at 0.7380. LME Copper prices rose 0.24% or $11.0 /MT to $4515.0 /MT. Aluminium prices declined 0.16% or $2.5 /MT to $1581.5 … Continue reading →

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USD/CAD: Loonie extends its losses in the Asian session

Posted on June 14, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.2819. In the Asian session, at GMT0300, the pair is trading at 1.2824, with the USD trading marginally higher against the … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower this morning

Posted on June 14, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9624. In economic news, Switzerland’s total sight deposits inched up to a level of CHF493.8 billion for the week ended June … Continue reading →

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USD/JPY: Japan’s final industrial production advanced in April

Posted on June 14, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.67% against the JPY and closed at 106.02. In the Asian session, at GMT0300, the pair is trading at 105.94, with the USD trading 0.08% lower against the … Continue reading →

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

Posted on June 14, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.4195, amid concerns surrounding the UK’s EU membership referendum due next week. In the Asian session, at GMT0300, the pair is … Continue reading →

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EUR/USD: Euro trading marginally higher, ahead of the Euro-zone’s industrial production data

Posted on June 14, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1288. In the Asian session, at GMT0300, the pair is trading at 1.1295, with the EUR trading 0.06% higher against the … Continue reading →

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Trading Signals as per 13-June-2016

Posted on June 13, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9682 0.9622 USD/CAD SELL Active 1.2832 1.2742 AUD/USD BUY Active 0.7368 0.7418 USD/JPY SELL Active 106.32 105.52 EUR/JPY SELL Active 120.12 118.92 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 on a weaker footing in the morning session

Posted on June 13, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.93% against the USD for the 24-hour period ending 23:00GMT, closing at 49.03, amid strength in US dollar and after Baker Hughes reported that the US oil rig count increased by 3 to … Continue reading →

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