Monthly Archives: August 2016

Silver: White metal reverses its losses in the Asian session

Posted on August 25, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.76% against the USD and closed at 18.66, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.68, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on August 25, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.08% against the USD and closed at USD 1328.4 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: Aussie trading higher this morning

Posted on August 25, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose marginally against the USD and closed at 0.7612. LME Copper prices declined 1.28% or $60.5/MT to $4658.5/MT. Aluminium prices rose 0.21% or $3.5/MT to $1656.5/MT. In the Asian … Continue reading →

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

Posted on August 25, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.2925. In the Asian session, at GMT0300, the pair is trading at 1.2921, with the USD trading marginally lower against the … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing, ahead of Switzerland’s industrial production data

Posted on August 25, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9665. In the Asian session, at GMT0300, the pair is trading at 0.9663, with the USD trading slightly lower against the … Continue reading →

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USD/JPY: Japanese Yen trading a tad higher this morning

Posted on August 25, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the JPY and closed at 100.43. In the Asian session, at GMT0300, the pair is trading at 100.42, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on August 25, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.3% against the USD and closed at 1.3233. In economic news, UK’s BBA mortgage approvals fell more-than-anticipated to an 18-month low level of 37.7K in July, compared to … Continue reading →

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EUR/USD: German economic growth slowed in the second quarter

Posted on August 25, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.35% against the USD and closed at 1.1261. On the economic front, Germany’s seasonally adjusted final gross domestic product (GDP) rose by 0.4% in 2Q 2016, at par … Continue reading →

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Trading Signals as per 24-August-2016

Posted on August 24, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.3188 1.3268 AUD/USD SELL Active 0.7652 0.7592 USD/JPY SELL Active 100.62 99.92 USD/CHF BUY Active 0.9618 0.9698 NZD/USD SELL Active 0.7367 0.7286 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 24, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.4% against the USD and closed at USD47.58 per barrel, after Iran showed signs of cooperation in a deal to stabilise the market. However, gains in crude … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 24, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.08% against the USD and closed at 19.00. In the Asian session, at GMT0300, the pair is trading at 19.035, with the silver trading 0.21% higher from yesterday’s close. … Continue reading →

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