Monthly Archives: September 2017

Gold: Yellow metal extends its losses in the Asian session

Posted on September 14, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.67% against the USD and closed at USD1327.00 per ounce, amid strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1325.70, with the … Continue reading →

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AUD/USD: Australia’s unemployment rate remained steady in August, job growth surged the most in nearly 2 years in the same month

Posted on September 14, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7985. LME Copper prices declined 1.1% or $74.5/MT to $6527.0/MT. Aluminium prices traded flat at $2083.0/MT. In the Asian session, at … Continue reading →

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

Posted on September 14, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.2162. Macroeconomic data revealed that Canada’s Teranet/National Bank house price index climbed 0.6% in August, after recording a rise of 2.0% … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of SNB’s monetary policy decision

Posted on September 14, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CHF and closed at 0.9632. On the macro front, Switzerland’s producer and import price index rose more-than-expected by 0.3% MoM in August, compared to a … Continue reading →

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USD/JPY: Japanese industrial production retreated as initially estimated in July

Posted on September 14, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the JPY and closed at 110.49. In the Asian session, at GMT0300, the pair is trading at 110.52, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK’s unemployment rate lowest since 1975 in the three months through July but wage growth remained sluggish in the same period

Posted on September 14, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.61% against the USD and closed at 1.3215, after the latest labour market report painted a bleak picture of Britain’s wage growth. Data showed that UK’s average earnings … Continue reading →

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EUR/USD: Euro-zone’s industrial output rebounded as expected in August

Posted on September 14, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.65% against the USD and closed at 1.1893. On the data front, the Euro-zone’s seasonally adjusted industrial production rebounded 0.1% MoM in July, meeting market expectations and following … Continue reading →

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Trading Signals as per 13-September-2017

Posted on September 13, 2017 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1938 1.1998 USD/CHF SELL Active 0.9662 0.9572 USD/CAD BUY Active 1.2128 1.2188 AUD/USD BUY Active 0.7998 0.8048 GBP/CHF SELL Active 1.2862 1.2696 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, ahead of EIA’s weekly crude oil inventories data

Posted on September 13, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.46% against the USD and closed at USD48.30 per barrel, after the Organisation of the Petroleum Exporting Countries (OPEC) reported a decline in its August oil production … Continue reading →

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Silver: White metal trading slightly lower this morning

Posted on September 13, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.31% against the USD and closed at USD17.94 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.94, with the … Continue reading →

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Gold: Yellow metal trading a tad lower in the morning session

Posted on September 13, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.29% against the USD and closed at USD1336.80 per ounce, reversing its previous session losses. In the Asian session, at GMT0300, the pair is trading at 1336.20, with the … Continue reading →

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