Monthly Archives: October 2016

Crude Oil: Oil trading higher, ahead of Baker Hughes oil rig count data

Posted on October 28, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.83% against the USD and closed at USD49.65 per barrel, as bullish comments of top officials from Gulf-OPEC countries and Saudi Arabia renewed hopes for a crude … Continue reading →

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Silver: Silver trading a tad higher in the morning session

Posted on October 28, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.23% against the USD and closed at USD17.65 following gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.65, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on October 28, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.24% against the USD and closed at USD1269.40 per ounce, as weaker-than-expected US durable goods orders raised some uncertainty over the possibility for a Fed interest rate hike before … Continue reading →

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AUD/USD: Australia’s new home sales rose for second straight month in September

Posted on October 28, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.75% against the USD and closed at 0.7584. LME Copper prices rose 1.20% or $56.5/MT to $4774.0/MT. Aluminium prices rose 0.51% or $8.5/MT to $1681.5/MT. In the Asian … Continue reading →

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

Posted on October 28, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3393. In the Asian session, at GMT0300, the pair is trading at 1.3381, with the USD trading 0.09% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading marginally higher this morning

Posted on October 28, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CHF and closed at 0.9935. On the economic front, Switzerland’s UBS consumption indicator climbed to a level of 1.59 in September, following a level of … Continue reading →

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USD/JPY: Japan’s unemployment rate unexpectedly fell to 3.0% in September

Posted on October 28, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the JPY and closed at 105.25. In the Asian session, at GMT0300, the pair is trading at 105.1, with the USD trading 0.14% lower against the … Continue reading →

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GBP/USD: UK’s economy grew by 0.5% in the third quarter of 2016

Posted on October 28, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.65% against the USD and closed at 1.2156. On the data front, UK’s preliminary gross domestic product (GDP) expanded more-than-expected by 0.5% on a quarterly basis in 3Q … Continue reading →

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EUR/USD: Euro trading higher, ahead of Germany’s inflation data

Posted on October 28, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.0893. In economic news, Italy’s consumer confidence index unexpectedly dropped to a fifteen-month low level of 108.0 in October, declining for … Continue reading →

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Trading Signals as per 27-October-2016

Posted on October 27, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9898 0.9948 GBP/USD BUY Active 1.2198 1.2288 USD/CAD BUY Active 1.3338 1.3408 NZD/USD SELL Active 0.7169 0.7119 USD/JPY BUY Active 104.28 104.98 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 weaker footing this morning

Posted on October 27, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.24% against the USD and closed at USD49.24 per barrel, pressured by rising doubts regarding OPEC’s plan to curb crude production. However, crude prices stemmed losses, after … Continue reading →

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