Monthly Archives: July 2018

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

Posted on July 13, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD70.21 per barrel. In the Asian session, at GMT0300, the pair is trading at 70.29, with oil trading 0.11% higher … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on July 13, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.88% against the USD and closed at USD15.97 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.99, with silver … Continue reading →

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Gold: Yellow metal trading marginally higher in the Asian session

Posted on July 13, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.33% against the USD and closed at USD1246.90 per ounce, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1247.20, with gold … Continue reading →

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AUD/USD: Aussie extends its gains in the Asian session

Posted on July 13, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.7403. LME Copper prices declined 0.2% or $9.0/MT to $6173.0/MT. Aluminium prices declined 0.8% or $16.0/MT to $2104.5/MT. In the Asian … Continue reading →

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

Posted on July 13, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD and closed at 1.3170. Data indicated that Canada’s new housing price index climbed 0.9% on yearly basis in May, undershooting market expectations for an … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on July 13, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CHF and closed at 1.0028. In the Asian session, at GMT0300, the pair is trading at 1.0017, with the USD trading 0.11% lower against the … Continue reading →

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USD/JPY: Japan’s monthly industrial output declines at par with market forecast in May

Posted on July 13, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the JPY and closed at 112.63. In the Asian session, at GMT0300, the pair is trading at 112.60, with the USD trading slightly lower against the … Continue reading →

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GBP/USD: Britain’s unsecured lending demand to increase in Q3 2018: BoE credit survey

Posted on July 13, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3182. As per the Bank of England’s (BoE) Credit Conditions survey, household demand for secured lending for re-mortgaging increased in the … Continue reading →

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EUR/USD: EU lowers Euro-zone’s 2018 GDP forecast

Posted on July 13, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.1662, after the European Commission downgraded Eurozone’s growth outlook, citing trade war concerns. The European Commission, in its latest Summer Interim … Continue reading →

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Trading Signals as per 12-July-2018

Posted on July 12, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1732 1.1652 GBP/USD SELL Active 1.3272 1.3182 USD/JPY BUY Active 111.78 112.58 USD/CAD SELL Active 1.3252 1.3162 NZD/USD BUY Active 0.6736 0.6786 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 higher in the Asian session

Posted on July 12, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 4.55% against the USD and closed at USD70.63 per barrel, as Libya’s National Oil Corporation (NOC) lifted a force majeure on four oil ports. The Energy Information … Continue reading →

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