Monthly Archives: August 2017

Crude Oil: Oil reverses its losses in the Asian session, ahead of EIA’s weekly crude oil inventories data

Posted on August 30, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.94% against the USD and closed at USD46.28 per barrel, as investors were still swooning from fears of destruction caused by the hurricane Harvey as nearly one-fifth … Continue reading →

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Silver: White metal trading higher this morning

Posted on August 30, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.6% against the USD and closed at USD17.48 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.52, with the … Continue reading →

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Gold: Yellow metal trading between its MA’s in the morning session

Posted on August 30, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.55% against the USD and closed at USD1316.10 per ounce, as geopolitical tensions following a missile launch from North Korea receded. In the Asian session, at GMT0300, the pair … Continue reading →

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AUD/USD: Australia’s building approvals declined in July

Posted on August 30, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7955. LME Copper prices rose 1.2% or $83.0/MT to $6797.0/MT. Aluminium prices declined 0.2% or $4.5/MT to $2092.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading flat in the Asian session

Posted on August 30, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.2510. In the Asian session, at GMT0300, the pair is trading at 1.2510, with the USD trading flat against the CAD … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing, ahead of key economic releases in Switzerland

Posted on August 30, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CHF and closed at 0.9547. In the Asian session, at GMT0300, the pair is trading at 0.9554, with the USD trading 0.07% higher against the … Continue reading →

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

Posted on August 30, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.87% against the JPY and closed at 109.60. In the Asian session, at GMT0300, the pair is trading at 109.76, with the USD trading 0.15% higher against the … Continue reading →

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GBP/USD: UK’s Nationwide house prices surprisingly fell in August

Posted on August 30, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly declined against the USD and closed at 1.2928. On the macro front, Britain’s seasonally adjusted Nationwide house prices recorded an unexpected drop of 0.1% on a monthly basis … Continue reading →

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EUR/USD: German consumer confidence unexpectedly soared to its highest level since October 2001 in September

Posted on August 30, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.07% against the USD and closed at 1.1975, after data showed that Germany’s GfK consumer confidence index surprisingly jumped to a nearly sixteen-year high level of 10.9 in … Continue reading →

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Trading Signals as per 29-August-2017

Posted on August 29, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF SELL Active 0.9572 0.9502 AUD/USD SELL Active 0.7962 0.7902 EUR/JPY SELL Active 130.82 129.82 NZD/USD BUY Active 0.7199 0.7249 GBP/CHF BUY Active 1.2252 1.2384 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 August 29, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.03% against the USD and closed at USD46.72 per barrel, amid concerns that refinery shutdowns due to the wreaked havoc by the tropical storm Harvey could boost … Continue reading →

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