Monthly Archives: September 2016

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

Posted on September 7, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.96% against the USD and closed at 1.3425, reaching a two-month high level. The USD came under pressure after the US services sector activity indicator dropped more than … Continue reading →

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EUR/USD: Euro trading slightly higher, ahead of German industrial production data

Posted on September 7, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.88% against the USD and closed at 1.1241. In economic news, final reading of the Euro zone’s seasonally adjusted GDP registered a rise of 0.3% QoQ in 2Q … Continue reading →

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Trading Signals as per 6-September-2016

Posted on September 6, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9768 0.9818 GBP/USD BUY Active 1.3268 1.3358 EUR/JPY SELL Active 115.92 115.22 GBP/CHF BUY Active 1.3009 1.3086 EUR/USD BUY Active 1.1118 1.1168 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 on a stronger footing in the morning session

Posted on September 6, 2016 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.88% against the USD for the 24-hour period ending 23:00GMT, closing at USD 45.03 per barrel, after world’s top oil producers Saudi Arabia and Russia agreed to co-operate on stabilising the oil market, … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on September 6, 2016 by GCI Financial

Silver Movement Silver prices rose 0.38% to USD 19.60 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 19.62, with the silver trading 0.13% higher … Continue reading →

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Gold: Yellow metal trading a tad higher this morning

Posted on September 6, 2016 by GCI Financial

Gold Movement Gold prices traded 0.14% higher against the USD in the 24-hour period ending 23:00GMT, at USD1330.60 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1330.8, with … Continue reading →

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AUD/USD: RBA keeps key interest rate unchanged at 1.5%, cites growth signs

Posted on September 6, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.18% against the USD to close at 0.7583. LME Copper prices declined 0.09% or $4.0/MT to $4603.0/MT. Aluminium prices declined 1.48% or $23.5/MT to $1568.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a stronger footing in the morning session

Posted on September 6, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 1.2991. In the Asian session, at GMT0300, the pair is trading at 1.2922, with the USD trading 0.53% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading slightly higher, ahead of Switzerland’s Q2 GDP data

Posted on September 6, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9796. In economic news, Switzerland’s total sight deposits inched up to a level of CHF515.8 billion in the week ended 02 … Continue reading →

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

Posted on September 6, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 103.42. In the Asian session, at GMT0300, the pair is trading at 103.47, with the USD trading marginally higher against the … Continue reading →

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GBP/USD: UK services PMI surpassed expectations in August

Posted on September 6, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.3298, after UK’s Markit services PMI rebounded more-than-anticipated to a level of 52.9 in August, as the British economy seems to … Continue reading →

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