Monthly Archives: July 2016

AUD/USD: Aussie trading a tad lower lower this morning

Posted on July 11, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.08% against the USD and closed at 0.7562. LME Copper prices declined 0.3% or $15.0/MT to $4710.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1640.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Canada’s unemployment rate surprisingly fell in June

Posted on July 11, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3039. Macroeconomic data indicated that Canada’s unemployment rate unexpectedly declined to 6.8% in June. Meanwhile, markets expected it to rise to … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Switzerland’s unemployment rate remained steady in June

Posted on July 11, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CHF and closed at 0.9834. In economic news, data indicated that Switzerland’s seasonally adjusted unemployment rate remained steady at 3.3% in June, compared to investor … Continue reading →

Posted in USD/CHF | Comments Off

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

Posted on July 11, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the JPY and closed at 100.45. In economic news, Japan’s Eco Watchers survey for current situation unexpectedly dropped to 41.2 in June, after recording a reading … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK’s total trade deficit widened in May

Posted on July 11, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.47% against the USD and closed at 1.2943. On the data front, UK’s total trade deficit widened less-than-expected to GBP2.3 billion in May, compared to market expectations for … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro trading a tad lower in the Asian session

Posted on July 11, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1049, after Germany’s seasonally adjusted trade surplus fell more-than-expected to a level of €21.0 billion in May, following a sharp decline … Continue reading →

Posted in EUR/USD | Comments Off

Trading Signals as per 08-July-2016

Posted on July 8, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1018 1.1088 USD/CHF SELL Active 0.9842 0.9772 USD/JPY BUY Active 100.08 100.98 AUD/USD BUY Active 0.7448 0.7528 EUR/JPY SELL Active 112.22 110.92 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading higher, ahead of the weekly Baker Hughes rig count data

Posted on July 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 5.33% against the USD and closed at 45.29, after the Energy Information Administration (EIA) indicated that US crude oil inventories declined less-than-expected by 2.2 million barrels to … Continue reading →

Posted in Crude Oil | Comments Off

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

Posted on July 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.4% against the USD and closed at 19.74, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.76, with the silver trading … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on July 8, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.63% against the USD and closed at 1360.60, after a couple of robust US labour market reports led to a broad strength in the greenback. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading on a stronger footing this morning

Posted on July 8, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.40% against the USD and closed at 0.7481. LME Copper prices rose 0.4% or $19.0/MT to $4725.0/MT. Aluminium prices rose 0.8% or $13.5/MT to $1637.0/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off