Monthly Archives: June 2016

Crude Oil: Oil trading slightly higher, ahead of the EIA’s weekly crude oil inventory data

Posted on June 29, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices jumped 3.30% against the USD for the 24-hour period ending 23:00GMT, closing at 48.22, climbing for the first time in three sessions, as a potential strike by Norwegian oil workers threatened to cut crude … Continue reading →

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Silver: White metal trading on a stronger footing in the Asian session

Posted on June 29, 2016 by GCI Financial

Silver Movement Silver prices rose 0.17% to USD 17.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 18.085, with the silver trading 1.23% higher from yesterday’s close, tracking gains … Continue reading →

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Gold: Yellow metal reverses its losses in the morning session

Posted on June 29, 2016 by GCI Financial

Gold Movement Gold prices traded 0.87% lower against the USD in the 24-hour period ending 23:00GMT, at USD1316.60 per ounce, amid a broad rally in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1322.70, … Continue reading →

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AUD/USD: Australian new homes sales tumbled again in May

Posted on June 29, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7393. LME Copper prices advanced 1.82% or $85.5/MT to $4777.5/MT. Aluminium prices rose 0.66% or $10.5/MT to $1602.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad higher this morning

Posted on June 29, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CAD to close at 1.3018. In the Asian session, at GMT0300, the pair is trading at 1.3014, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of the UBS consumption indicator data

Posted on June 29, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CHF and closed at 0.9810. In the Asian session, at GMT0300, the pair is trading at 0.9796, with the USD trading 0.14% lower against the … Continue reading →

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USD/JPY: Japan’s retail sales dropped more-than-expected in May

Posted on June 29, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.60% against the JPY and closed at 102.60. In the Asian session, at GMT0300, the pair is trading at 102.44, with the USD trading 0.16% lower against the … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s GfK consumer confidence index data

Posted on June 29, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 1.02% against the USD and closed at 1.3353. In economic news, UK’s CBI distributive trade survey’s retail sales balance dropped to a level of 4.0 in June, from … Continue reading →

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EUR/USD: Euro trading lower, ahead of Germany’s CPI data for June

Posted on June 29, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.55% against the USD and closed at 1.1070. In economic news, the Euro-zone’s import price index rose more-than-expected by 0.9% MoM in May, following a 0.1% drop in … Continue reading →

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Trading Signals as per 28-June-2016

Posted on June 28, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EYR/USD SELL Active 1.1152 1.1032 USD/CAD BUY Active 1.2898 101.42 AUD/USD SELL Active 1.3112 1.2952 GBP/CHF BUY Active 0.7512 0.7402 GBP/USD SELL Active 1.3512 1.3172 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, ahead of the API’s weekly crude oil inventory data

Posted on June 28, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.87% against the USD for the 24-hour period ending 23:00GMT, closing at 46.68, extending its previous session losses, as Britain’s shocking vote to leave the European Union continued to weigh on market sentiment. … Continue reading →

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