Monthly Archives: August 2016

Gold: Yellow metal trading a tad lower in the Asian session

Posted on August 9, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined marginally against the USD and closed at USD1341.0 per ounce. In the Asian session, at GMT0300, the pair is trading at 1340.4, with the gold trading marginally lower from … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on August 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.63% against the USD and closed at 0.7652. LME Copper prices rose 0.07% or $3.5/MT to $4796.0/MT. Aluminium prices rose 1.04% or $17.0/MT to $1645.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing this morning

Posted on August 9, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3161. In economic news, data revealed that Canada’s building permits unexpectedly eased by 5.5% MoM in June, declining for the fourth … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower, ahead of Switzerland’s unemployment rate data

Posted on August 9, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 0.9824. Macroeconomic data indicated that, Switzerland’s consumer price index fell less-than-expected by 0.4% on a monthly basis in July, compared to … Continue reading →

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

Posted on August 9, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the JPY and closed at 102.43. In the Asian session, at GMT0300, the pair is trading at 102.35, with the USD trading 0.08% lower against the … Continue reading →

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GBP/USD: Pound trading lower, ahead of key economic releases in the UK

Posted on August 9, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.4% against the USD and closed at 1.3033. On the data front, UK’s BRC retail sales across all sectors unexpectedly rebounded by 1.1% YoY in July, compared to … Continue reading →

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Trading Signals as per 8-August-2016

Posted on August 8, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1132 1.1062 GBP/USD BUY Active 1.2968 1.3088 USD/JPY BUY Active 101.78 102.58 EUR/JPY SELL Active 113.72 112.92 NZD/USD BUY Active 0.7074 0.7142 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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GBP/USD: Pound trading on a stronger footing this morning

Posted on August 8, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.31% against the USD and closed at 1.3071. On the data front, UK’s seasonally adjusted Halifax house price index eased more-than-forecasted by 1.0% on a monthly basis in … Continue reading →

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EUR/USD: Euro trading a tad higher, ahead of Euro-zone’s Sentix investor confidence data

Posted on August 8, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.36% against the USD and closed at 1.1086. In economic news, Germany’s seasonally adjusted factory orders unexpectedly dropped by 0.4% MoM in June, amid subdued demand for investment … Continue reading →

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Crude Oil: Crude trading lower in the Asian session

Posted on August 8, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.31% against the USD and closed at 41.91. However, crude prices paired gains, after the Baker Hughes disclosed that US rig count rose for a sixth straight … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on August 8, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 3.31% against the USD and closed at 19.73, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.70, with the silver trading … Continue reading →

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