Monthly Archives: August 2018

EUR/USD: Euro-zone’s consumer confidence dipped to a 15-month low level in August, while manufacturing activity cooled to a 21-month low and services activity slid to a 23-month low in the same month

Posted on August 24, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.50% against the USD and closed at 1.1539, amid dismal economic data. On the data front, the Euro-zone’s preliminary consumer confidence index dropped to a 15-month low level … Continue reading →

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Crude Oil: Oil trading flat in the Asian session

Posted on August 23, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.98% against the USD and closed at USD68.01 per barrel, after the Energy Information Administration (EIA) report indicated that US crude oil stockpiles declined by 5.8 million … Continue reading →

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Silver: White metal trading on negative footing in the Asian session

Posted on August 23, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.54% against the USD and closed at USD14.84 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.70, with silver trading 0.91% lower against the … Continue reading →

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Gold: Yellow metal trading lower in the morning session

Posted on August 23, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold marginally rose against the USD and closed at USD1202.60 per ounce. In the Asian session, at GMT0300, the pair is trading at 1197.70, with gold trading 0.41% lower against the … Continue reading →

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AUD/USD: Aussie extends it losses in the morning session

Posted on August 23, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7350. LME Copper prices declined 0.4% or $25.5/MT to $6000.0/MT. Aluminium prices declined 0.1% or $2.0/MT to $2038.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s retail sales declined in June, at par with market expectations

Posted on August 23, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.2994. Macroeconomic news indicated that, Canada’s retail sales eased 0.2% on a monthly basis in June, in line with market expectations … Continue reading →

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USD/CHF: Swizz Franc trading on a weaker footing in the Asian session

Posted on August 23, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9827. In the Asian session, at GMT0300, the pair is trading at 0.9849, with the USD trading 0.22% higher against the … Continue reading →

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USD/JPY: Japan’s manufacturing PMI expanded for the 24-consecutive month in August

Posted on August 23, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the JPY and closed at 110.55. On the data front, Japan’s flash manufacturing PMI climbed to a level of 52.5 in August, expanding for the 24th … Continue reading →

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GBP/USD: Sterling trading lower in the morning session

Posted on August 23, 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 1.2916. In the Asian session, at GMT0300, the pair is trading at 1.2871, with the GBP trading 0.35% lower against the … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on August 23, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1597. In the US, data showed that, US existing home sales unexpectedly slid 0.7% to a level of 5.34 million on … Continue reading →

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Trading Signals as per 22-August-2018

Posted on August 22, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.1612 1.1542 USD/JPY BUY Active 110.08 110.58 USD/CAD SELL Active 1.2988 1.3058 NZD/USD SELL Active 0.6724 0.6673 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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