Monthly Archives: September 2016

AUD/USD: Australia’s business conditions ease, but confidence rises in August

Posted on September 13, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7559. Yesterday, the Reserve Bank of Australia’s Assistant Governor, Christopher Kent, provided an optimistic assessment of the Australian economy and stated … Continue reading →

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USD/CAD: Loonie trading marginally lower in the Asian session

Posted on September 13, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.3039. In the Asian session, at GMT0300, the pair is trading at 1.305, with the USD trading 0.08% higher against the … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing in the morning session

Posted on September 13, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CHF and closed at 0.9714. In economic news, Switzerland’s total sight deposits remained steady at a level of CHF515.8 billion in the week ended 09 … Continue reading →

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USD/JPY: Japan’s large manufacturers turn optimistic in 3Q 2016

Posted on September 13, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.46% against the JPY and closed at 101.86. In economic news, Japan’s flash machine tool orders declined 8.4% YoY in August, after registering a 19.7% decline in the … Continue reading →

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GBP/USD: Pound trading lower, ahead of UK’s CPI data

Posted on September 13, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.57% against the USD and closed at 1.3332. In economic news, UK’s CB leading economic index registered a flat reading in August, after recording a 0.3% decline in … Continue reading →

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EUR/USD: Euro trading a tad lower, ahead of the ECB Chief’s speech

Posted on September 13, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally rose against the USD and closed at 1.1236. The US Dollar lost ground after the Federal Reserve Governor, Lael Brainard, stated that the case for a tighter monetary … Continue reading →

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Trading Signals as per 12-September-2016

Posted on September 12, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1208 1.1268 USD/CHF SELL Active 0.9802 0.9742 USD/JPY BUY Active 101.28 102.28 USD/CAD BUY Active 1.3048 1.3138 AUD/USD SELL Active 0.7542 0.7472 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 extends its losses in the Asian session

Posted on September 12, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices plunged 3.40% against the USD for the 24-hour period ending 23:00GMT on Friday, closing at 45.69, after Baker Hughes reported that the number of active US oil rigs rose by 7 during the week … Continue reading →

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Silver: White metal trading lower this morning

Posted on September 12, 2016 by GCI Financial

Silver Movement Silver prices declined 2.87% to USD19.13 per ounce during the 24 hours ending 23:00GMT on Friday, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 18.97, with the silver trading 0.84% … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the morning session

Posted on September 12, 2016 by GCI Financial

Gold Movement Gold prices traded 0.63% lower against the USD in the 24-hour period ending 23:00GMT on Friday, at USD1333.50 per ounce, as the greenback strengthened across the board after a top Federal Reserve official’s hawkish comments on US interest rate. … Continue reading →

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AUD/USD: Aussie reverses its gains in the Asian session

Posted on September 12, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.29% against the USD to close at 0.7546 on Friday. LME Copper prices rose 0.11% or $5.0/MT to $4622.5/MT. Aluminium prices rose 0.10% or $1.5/MT to $1567.5/MT. In … Continue reading →

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