Monthly Archives: August 2018

USD/CAD: Loonie reverses its losses in the Asian session

Posted on August 3, 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 1.3021. In the Asian session, at GMT0300, the pair is trading at 1.3014, with the USD trading 0.05% lower against the … Continue reading →

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USD/CHF: Switzerland’s manufacturing activity surprisingly advanced in July and retail sales increased in June

Posted on August 3, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9955. On the data front, Switzerland’s SVME manufacturing PMI unexpectedly advanced to a level of 61.9 in July, compared to market … Continue reading →

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

Posted on August 3, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined slightly against the JPY and closed at 111.62. In the Asian session, at GMT0300, the pair is trading at 111.64, with the USD trading a tad higher against … Continue reading →

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GBP/USD: BoE raised its interest rates to 0.75%

Posted on August 3, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.84% against the USD and closed at 1.3018, despite the Bank of England’s (BoE) rate hike decision. Data indicated that, UK’s construction PMI unexpectedly rose to a level … Continue reading →

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EUR/USD: Euro-zone’s producer prices climbed more-than-anticipated in June

Posted on August 3, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.66% against the USD and closed at 1.1664. In the economic news, Euro-zone’s producer price index advanced to 3.6% on yearly basis in June, more than market consensus … Continue reading →

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Trading Signals as per 02-August-2018

Posted on August 2, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1568 1.1628 USD/JPY BUY Active 111.08 111.78 USD/CAD BUY Active 1.2978 1.3058 EUR/JPY SELL Active 130.02 129.12 NZD/USD BUY Active 0.6723 0.6773 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 reverses its losses in the Asian session

Posted on August 2, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.86% against the USD and closed at USD67.83 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles advanced by 3.8 million … Continue reading →

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Silver: White metal trading a tad higher in the Asian session

Posted on August 2, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.71% against the USD and closed at USD15.43 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.43, with silver trading marginally higher against the … Continue reading →

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

Posted on August 2, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.60% against the USD and closed at USD1225.50 per ounce. In the Asian session, at GMT0300, the pair is trading at 1227.70, with gold trading 0.18% higher against the … Continue reading →

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AUD/USD: Australia’s trade surplus expanded beyond forecast in June

Posted on August 2, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.13% against the USD and closed at 0.7406. LME Copper prices declined 1.2% or $76.0/MT to $6137.0/MT. Aluminium prices declined 1.2% or $25.0/MT to $2036.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading lower in the morning session

Posted on August 2, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2997. The Canadian dollar strengthened against the US dollar, after the US Federal Reserve left interest rates on hold and amid … Continue reading →

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