Monthly Archives: October 2016

Crude Oil: Oil trading on a weaker footing, ahead of the Baker Hughes weekly rig count data

Posted on October 14, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.5% against the USD and closed at USD50.60 per barrel. Separately, the Energy Information Administration (EIA) disclosed that US crude stockpiles swelled 4.9 million barrels to 504.6 … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on October 14, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.11% against the USD and closed at USD17.52. In the Asian session, at GMT0300, the pair is trading at 17.47, with the silver trading 0.26% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on October 14, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.17% against the USD and closed at USD1259.50 per ounce, as weakness in the greenback and a slump in global equities increased the demand for the precious yellow metal. … Continue reading →

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AUD/USD: Household sector risks lessened more since last review: RBA Financial Stability Review

Posted on October 14, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7564. LME Copper prices declined 1.05% or $50.5/MT to $4754.5/MT. Aluminium prices declined 0.18% or $3.0/MT to $1681.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s new housing prices inched up in August

Posted on October 14, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD and closed at 1.3195. In economic news, Canada’s new housing price index rose by 0.2% on a monthly basis in August, advancing for the … Continue reading →

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USD/CHF: Swiss Franc trading marginally lower this morning

Posted on October 14, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9856. In the Asian session, at GMT0300, the pair is trading at 0.9859, with the USD trading a tad higher against … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on October 14, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the JPY and closed at 103.6. In the Asian session, at GMT0300, the pair is trading at 103.84, with the USD trading 0.23% higher against the … Continue reading →

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GBP/USD: Pound trading a tad lower in the morning session

Posted on October 14, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2241. In the Asian session, at GMT0300, the pair is trading at 1.2239, with the GBP trading marginally lower against the … Continue reading →

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EUR/USD: Germany’s annual CPI confirmed at 16-month high level in September

Posted on October 14, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.36% against the USD and closed at 1.1052, after Germany’s final consumer price index (CPI) climbed by 0.1% on a monthly basis in September, in line with market … Continue reading →

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Trading Signals as per 13-October-2016

Posted on October 13, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit AUD/USD BUY Active 0.7488 0.7548 GBP/USD SELL Active 1.2292 1.2122 USD/CHF SELL Active 0.9942 0.9872 EUR/JPY BUY Active 113.68 114.88 GBP/CHF BUY Active 1.1943 1.2118 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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AUD/USD: Australia consumer inflation expectations improved in October

Posted on October 13, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.07% against the USD and closed at 0.7554. LME Copper prices rose 0.07% or $3.5/MT to $4805.0/MT. Aluminium prices rose 0.66% or $11.0/MT to $1684.0/MT. In the Asian … Continue reading →

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