Monthly Archives: August 2016

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

Posted on August 24, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose slightly against the USD and closed at USD1342.2 per ounce. In the Asian session, at GMT0300, the pair is trading at 1341.6, with the gold trading marginally lower from … Continue reading →

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

Posted on August 24, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7611. On the data front, in China, Australia’s largest trading partner, the leading economic index rose 0.70% MoM in July, after … Continue reading →

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

Posted on August 24, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.2920. In the Asian session, at GMT0300, the pair is trading at 1.2930, with the USD trading 0.08% higher against the … Continue reading →

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USD/CHF: Swiss trade surplus narrowed in July

Posted on August 24, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CHF and closed at 0.9628. On the economic front, Switzerland’s trade surplus narrowed to a 3-month low level of CHF2.93 billion in July, compared to … Continue reading →

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USD/JPY: Japanese Yen trading flat this morning

Posted on August 24, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 100.28. In the Asian session, at GMT0300, the pair is trading at 100.28, with the USD trading flat against the JPY … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on August 24, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.46% against the USD and closed at 1.3193. On the data front, UK’s CBI industrial trends total orders eased to a level of -5.0 in August, compared to … Continue reading →

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EUR/USD: Euro-zone’s economic recovery resilient despite the historic Brexit vote

Posted on August 24, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.15% against the USD and closed at 1.1301. Macroeconomic data indicated that, Eurozone’s preliminary Markit services PMI unexpectedly rose to a level 53.1 in August, hitting its highest … Continue reading →

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Trading Signals as per 23-August-2016

Posted on August 23, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9568 0.9628 USD/JPY BUY Active 99.68 100.28 USD/CAD BUY Active 1.2868 1.2958 EUR/JPY BUY Active 113.08 113.78 AUD/USD BUY Active 0.7608 0.7658 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 23, 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 1.3132. In the Asian session, at GMT0300, the pair is trading at 1.3135, with the GBP trading marginally higher against the … Continue reading →

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EUR/USD: Euro trading higher, ahead of the Markit manufacturing and services PMI data across the Euro-zone

Posted on August 23, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.28% against the USD and closed at 1.1318. In economic news, the US Chicago Fed national activity index rose more-than-expected to a level of 0.27 in July, its … Continue reading →

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Crude Oil: Oil trading lower, ahead of the API’s weekly crude oil inventory data

Posted on August 23, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.29% against the USD and closed at USD47.39 per barrel, pressured by rising expectations of higher crude exports from Iraq and Nigeria. In the Asian session, at … Continue reading →

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