Monthly Archives: July 2018

Gold: Yellow metal extends its losses in the Asian session

Posted on July 11, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.18% against the USD and closed at USD1256.60 per ounce, as strength in US dollar, dented demand for the safe haven asset. In the Asian session, at GMT0300, the … Continue reading →

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

Posted on July 11, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.50% against the USD and closed at 0.7427. LME Copper prices declined 1.2% or $75.0/MT to $6308.0/MT. Aluminium prices rose 0.2% or $5.0/MT to $2140.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading higher, ahead of BoC’s interest rate decision.

Posted on July 11, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3139. Data showed that, Canada’s seasonally adjusted housing starts jumped to a level of 248.1K in June, signalling strength in consumer … Continue reading →

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USD/CHF: Swiss Franc trading flat in the morning session

Posted on July 11, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9923. In the Asian session, at GMT0300, the pair is trading at 0.9923, with the USD trading flat against the CHF … Continue reading →

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USD/JPY: Japanese yen trading lower in the Asian session

Posted on July 11, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the JPY and closed at 110.89. On the data front, Japan’s flash machine tool orders climbed 11.4% on an annual basis in June, compared to a … Continue reading →

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GBP/USD: UK economic growth gains momentum in May: NIESR

Posted on July 11, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.10% against the USD and closed at 1.3262, amid upbeat economic data. Macroeconomic data indicated that UK’s trade deficit narrowed to £2.8 billion in May, compared to a … Continue reading →

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EUR/USD: Euro trading a tad lower in the morning session.

Posted on July 11, 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 1.1736. In the economic news, Euro-zone’s ZEW economic sentiment index eased to -18.70 in July, following a reading of -12.60 in … Continue reading →

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Trading Signals as per 10-July-2018

Posted on July 10, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1688 1.1758 GBP/USD SELL Active 1.3322 1.3172 USD/CAD BUY Active 1.3088 1.3138 NZD/USD BUY Active 0.6809 0.6859 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 trading higher, ahead of API’s weekly crude oil stockpiles data

Posted on July 10, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.13% against the USD and closed at USD74.00 per barrel. In the Asian session, at GMT0300, the pair is trading at 74.04, with oil trading 0.05% higher … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 10, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD16.15 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.18, with silver trading 0.22% higher against the … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on July 10, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.08% against the USD and closed at USD1258.60 per ounce. In the Asian session, at GMT0300, the pair is trading at 1260.60, with gold trading 0.16% higher against the … Continue reading →

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