Monthly Archives: July 2016

Crude Oil: Oil trading higher this morning

Posted on July 14, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.84% against the USD and closed at USD 45.11 per barrel, after the Energy Information Administration (EIA) indicated that US crude oil inventories fell less-than-expected by 2.5 … Continue reading →

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Silver: White metal reverses its gains in the Asian session

Posted on July 14, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.24% against the USD and closed at 20.47, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.36, with the silver trading … Continue reading →

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

Posted on July 14, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.71% against the USD and closed at USD 1343.3 per ounce, amid a broad weakness in the US Dollar. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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AUD/USD: Australia’s unemployment rate ticks up in June

Posted on July 14, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.29% against the USD and closed at 0.7596. LME Copper prices rose 2.22% or $107.0/MT to $4918.5/MT. Aluminium prices rose 1.43% or $23.5/MT to $1669.5/MT. In the Asian … Continue reading →

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USD/CAD: Bank of Canada left its key interest rate unchanged at 0.5%

Posted on July 14, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD and closed at 1.2979. The Canadian Dollar gained ground yesterday, after the Bank of Canada (BoC), in a widely expected move, held its key … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on July 14, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9839. In the Asian session, at GMT0300, the pair is trading at 0.9828, with the USD trading 0.11% lower against the … Continue reading →

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USD/JPY: Yen trading on a weaker footing this morning

Posted on July 14, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the JPY and closed at 104.08. In the Asian session, at GMT0300, the pair is trading at 104.61, with the USD trading 0.51% higher against the … Continue reading →

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GBP/USD: Pound trading higher, ahead of the BoE’s monetary policy decision

Posted on July 14, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 1.13% against the USD and closed at 1.3105. In the Asian session, at GMT0300, the pair is trading at 1.3185, with the GBP trading 0.61% higher against the … Continue reading →

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EUR/USD: Euro trading on a stronger footing in the Asian session

Posted on July 14, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.1096. Macroeconomic data indicated that Euro-zone’s seasonally adjusted industrial production fell more-than-expected by 1.2% MoM in May, thus indicating sluggish economic … Continue reading →

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Trading Signals as per 13-July-2016

Posted on July 13, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD SELL Active 1.3452 1.3182 AUD/USD BUY Active 0.7558 0.7628 EUR/JPY SELL Active 116.92 114.52 NZD/USD SELL Active 0.7269 0.7223 USD/CAD SELL Active 1.3132 1.3032 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 EIA’s weekly crude oil inventory data

Posted on July 13, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 4.01% against the USD and closed at 46.43, after a report from the Organisation of the Petroleum Exporting Countries (OPEC) disclosed that oil market was likely to … Continue reading →

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