Monthly Archives: July 2016

Crude Oil: Oil trading flat in the Asian session

Posted on July 28, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.64% against the USD and closed at 42.02, after the Energy Information Administration revealed that US crude oil inventory data indicated a surprise build of 1.7 million … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on July 28, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.61% against the USD and closed at 20.39, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.31, with the silver trading … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on July 28, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.44% against the USD and closed at USD1346.2 per ounce, after the US Fed hinted that the benchmark interest rates would be raised in September this year. However, the … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on July 28, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.43% against the USD and closed at 0.7485. LME Copper prices rose 0.15% or $7.5/MT to $4869.5/MT. Aluminium prices declined 0.41% or $6.5/MT to $1584.0/MT. In the Asian … Continue reading →

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

Posted on July 28, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD and closed at 1.3169. In the Asian session, at GMT0300, the pair is trading at 1.3137, with the USD trading 0.24% lower against the … Continue reading →

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

Posted on July 28, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CHF and closed at 0.9859. Macroeconomic data indicated that, Switzerland’s UBS consumption indicator edged up to a level of 1.34 in June, following a revised … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing, ahead of BoJ’s rate decision

Posted on July 28, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the JPY and closed at 105.14. On the data front, Japan’s small business confidence index advanced to a level of 47.8 in July, compared to a … Continue reading →

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GBP/USD: UK’s economic growth accelerated in the second quarter

Posted on July 28, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.61% against the USD and closed at 1.3217, after the preliminary GDP estimate data indicated that UK’s economy expanded more-than-expected by 0.6% on a quarterly basis in 2Q … Continue reading →

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EUR/USD: Euro trading higher, ahead of Euro-zone’s consumer confidence data

Posted on July 28, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.65% against the USD and closed at 1.1057. Macroeconomic data indicated that Germany’s Gfk consumer confidence index fell to a level of 10.0 in August, as economic and … Continue reading →

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Trading Signals as per 27-July-2016

Posted on July 27, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9888 0.9968 USD/JPY SELL Active 106.42 104.92 AUD/USD BUY Active 0.7438 0.7518 NZD/USD BUY Active 0.6992 0.7077 GBP/CHF SELL Active 1.3142 1.2972 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 27, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.18% against the USD and closed at 42.72, after the latest American Petroleum Institute (API) weekly crude stockpiles data recorded a smaller-than-expected draw of 0.8million barrels to … Continue reading →

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