Monthly Archives: August 2018

Silver: White metal reverses its losses in the morning session

Posted on August 7, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.03% against the USD and closed at USD15.33 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.34, with silver … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on August 7, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.71% against the USD and closed at USD1216.60 per ounce, amid broad strength in greenback and US equities. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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AUD/USD: RBA keeps policy rate unchanged

Posted on August 7, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.24% against the USD and closed at 0.7386. LME Copper prices declined 0.7% or $15.5/MT to $6040.0/MT. Aluminium prices rose/declined 2.1% or $127.0/MT to $2000.5/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading reverses its losses in the morning session

Posted on August 7, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3003. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.08% lower against the … Continue reading →

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

Posted on August 7, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CHF and closed at 0.9963. Macroeconomic data indicated that, Switzerland’s total sight deposits eased to a level of CHF575.9 billion in the week ended 03 … Continue reading →

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USD/JPY: Japanese yen trading a tad higher in the Asian session

Posted on August 7, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the JPY and closed at 111.35. In the Asian session, at GMT0300, the pair is trading at 111.32, with the USD trading marginally lower against the … Continue reading →

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GBP/USD: Pound trading a tad lower in the Asian session

Posted on August 7, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.43% against the USD and closed at 1.2945. In the Asian session, at GMT0300, the pair is trading at 1.2943, with the GBP trading slightly lower against the … Continue reading →

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EUR/USD: German factory orders declined at the fastest pace since early 2017 in June, while Euro-zone’s Sentix confidence index climbed to a 3-month high level in August

Posted on August 7, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1558, following disappointing German factory orders data. Data showed that Germany’s seasonally adjusted factory orders retreated 4.0% on a monthly basis … Continue reading →

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Trading Signals as per 6-August-2018

Posted on August 6, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1602 1.1542 USD/CHF BUY Active 0.9928 0.9978 AUD/USD BUY Active 0.7358 0.7408 EUR/JPY SELL Active 128.18 128.88 GBP/USD BUY Active 1.2948 1.3018 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 reverses its losses in the Asian session

Posted on August 6, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.51% against the USD and closed at USD68.57 per barrel on Friday, amid increasing global crude oil output. Meanwhile, fresh figures from Baker Hughes disclosed that the … Continue reading →

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Silver: White metal trading higher in the morning session

Posted on August 6, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.68% against the USD and closed at USD15.44 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.47, … Continue reading →

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