Monthly Archives: August 2017

Crude Oil: Oil trading between its MA’s, ahead of EIA’s weekly crude oil inventories data

Posted on August 16, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.21% against the USD and closed at USD47.69 per barrel, after the American Petroleum Institute (API) reported a massive draw of 9.2 million barrels in US crude … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 16, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.41% against the USD and closed at USD16.63 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.67, with the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on August 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.74% against the USD and closed at USD1277.30 per ounce, amid a broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1278.50, … Continue reading →

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AUD/USD: Australia’s Westpac leading index rebounded in July

Posted on August 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.45% against the USD and closed at 0.7821. LME Copper prices rose 0.5% or $31.0/MT to $6382.0/MT. Aluminium prices rose 1.3% or $26.0/MT to $2056.0/MT. In the Asian … Continue reading →

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USD/CAD: Canadian existing home sales fell for the fourth straight month in July

Posted on August 16, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.2753. Macroeconomic data showed that Canada’s existing home sales eased 2.1% on a monthly basis in July, dropping for the fourth … Continue reading →

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USD/CHF: Swiss Franc trading a tad lower in the morning session

Posted on August 16, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9724. On the data front, Switzerland’s producer and import price index remained flat on a monthly basis in July, at par … Continue reading →

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USD/JPY: Japanese Yen trading marginally lower in the morning session

Posted on August 16, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the JPY and closed at 110.60. In the Asian session, at GMT0300, the pair is trading at 110.66, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: Britain’s annual inflation came in softer-than-expected in July

Posted on August 16, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.73% against the USD and closed at 1.2867, following weaker-than-expected UK inflation data. Britain’s consumer price index (CPI) climbed 2.6% on an annual basis in July, compared to … Continue reading →

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EUR/USD: German economy expanded slightly less-than-expected in the three months to June

Posted on August 16, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.32% against the USD and closed at 1.1740. Data indicated that Germany’s seasonally adjusted flash gross domestic product (GDP) advanced 0.6% on a quarterly basis in the second … Continue reading →

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Trading Signals as per 15-August-2017

Posted on August 15, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9782 0.9702 USD/JPY SELL Active 110.92 110.12 EUR/JPY BUY Active 128.88 129.98 GBP/CHF BUY Active 1.2631 1.2514 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil reverses its losses, ahead of API’s weekly crude oil inventories data

Posted on August 15, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.46% against the USD and closed at USD47.59 per barrel, after news of a slowdown in Chinese refining activity raised concerns over demand for crude oil in … Continue reading →

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