Monthly Archives: October 2016

EUR/USD: Euro trading higher in the morning session

Posted on October 19, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.0977. Macroeconomic data indicated that the US consumer price index (CPI) gained by 0.3% MoM in September, meeting market expectations, rising … Continue reading →

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Trading Signals as per 18-October-2016

Posted on October 18, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.2158 1.2278 USD/JPY SELL Active 104.42 103.82 USD/CAD SELL Active 1.3122 1.3032 EUR/JPY BUY Active 114.18 114.88 GBP/CHF BUY Active 1.2023 1.2159 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 between its MA’s

Posted on October 18, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.06% against the USD and closed at USD50.13, led by expectations of an OPEC intervention next month to curb production. In the Asian session, at GMT0300, the … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on October 18, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.29% against the USD and closed at USD17.48, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.60, with the silver trading … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on October 18, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.17% against the USD and closed at USD1256.10 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1260.00, with the … Continue reading →

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AUD/USD: Considerable uncertainty remains about momentum in Australian labour and housing markets: RBA Minutes

Posted on October 18, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.59% against the USD and closed at 0.7628. LME Copper prices declined 0.02% or $1.0/MT to $4671.5/MT. Aluminium prices declined 2.37% or $40.0/MT to $1645.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the morning session

Posted on October 18, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3125. In the Asian session, at GMT0300, the pair is trading at 1.3089, with the USD trading 0.27% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on October 18, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CHF and closed at 0.9886. On the data front, Swiss total sight deposits stood at CHF518.2 billion in the week ended 14 October, up from … Continue reading →

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

Posted on October 18, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the JPY and closed at 103.85. In the Asian session, at GMT0300, the pair is trading at 103.82, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: Pound trading higher, ahead of UK’s inflation data

Posted on October 18, 2016 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.27% against the USD and closed at 1.2188. In economic news, UK’s CB leading economic index remained flat in September, following a revised drop of 0.2% in the … Continue reading →

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EUR/USD: Euro-zone’s inflation accelerated to a two-year high level in September

Posted on October 18, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.29% against the USD and closed at 1.1001, after the Euro-zone’s consumer price index (CPI) accelerated 0.4% MoM in September, in line with market expectations and hitting its … Continue reading →

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