Monthly Archives: August 2016

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

Posted on August 12, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 5.06% against the USD and closed at 43.60, after the International Energy Agency (IEA) forecasted that crude markets would tighten in the second half of this year. … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 12, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.09% against the USD and closed at 19.98. In the Asian session, at GMT0300, the pair is trading at 20.015, with the silver trading 0.18% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on August 12, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.64% against the USD and closed at USD1344.3 per ounce, amid a stronger US Dollar. In the Asian session, at GMT0300, the pair is trading at 1345.9, with the … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on August 12, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.5% against the USD and closed at 1.2955. In the Asian session, at GMT0300, the pair is trading at 1.2971, with the GBP trading 0.12% higher against the … Continue reading →

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EUR/USD: Euro trading flat, ahead of GDP data across the Euro-zone

Posted on August 12, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.42% against the USD and closed at 1.1137. On the data front, Italy’s final consumer price index rose by 0.2% MoM in July, in line with market expectations … Continue reading →

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

Posted on August 12, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.18% against the USD and closed at 0.77. LME Copper prices declined 1.32% or $64.5/MT to $4810.0/MT. Aluminium prices declined 0.97% or $16.0/MT to $1630.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading a tad lower in the Asian session

Posted on August 12, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD and closed at 1.2976. In economic news, Canada’s new housing price index rose by 0.1% MoM in June, compared to an advance of 0.7% … Continue reading →

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

Posted on August 12, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 0.9745. In the Asian session, at GMT0300, the pair is trading at 0.9745, with the USD trading flat against the CHF … Continue reading →

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USD/JPY: Japanese Yen extends its losses in the Asian session

Posted on August 12, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.7% against the JPY and closed at 101.88. In the Asian session, at GMT0300, the pair is trading at 101.99, with the USD trading 0.11% higher against the … Continue reading →

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Trading Signals as per 11-August-2016

Posted on August 11, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1108 1.1178 GBP/USD BUY Active 1.2888 1.2998 USD/JPY SELL Active 101.82 101.02 AUD/USD BUY Active 0.7668 0.7738 GBP/CHF SELL Active 1.2712 1.2599 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 marginally lower in the Asian session

Posted on August 11, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.76% against the USD and closed at 41.50, after the Energy Information Administration (EIA) revealed that the US crude oil inventories rose more-than-forecasted by 1.1 million barrels … Continue reading →

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