Monthly Archives: August 2018

Crude Oil: Oil trading higher ahead of EIA’s weekly crude oil inventories data

Posted on August 22, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.87% against the USD and closed at USD66.04 per barrel. Separately, the American Petroleum Institute (API) reported that crude oil inventories declined by 5.2 million barrels to … Continue reading →

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AUD/USD: Aussie reverses its gains in the morning session

Posted on August 22, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7358. LME Copper prices rose 1.1% or $62.5/MT to $6025.5/MT. Aluminium prices rose slightly to $2040.5/MT. In the Asian session, at … Continue reading →

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GBP/USD: UK’s public-sector net borrowing posted a surplus in July

Posted on August 22, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.83% against the USD and closed at 1.2903. On the macro front, Britain’s public-sector net borrowing reported a surplus of £2.9 billion in July, compared to a revised … Continue reading →

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EUR/USD: Euro trading a tad higher in the Asian session

Posted on August 22, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.73% against the USD and closed at 1.1574. The US dollar weakened against the euro, following US President, Donald Trump’s critical comments over the Federal Reserve’s interest rate … Continue reading →

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Trading Signals as per 21-August-2018

Posted on August 21, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1468 1.1558 GBP/USD SELL Active 1.2798 1.2878 USD/CAD BUY Active 1.2988 1.3048 NZD/USD SELL Active 0.6642 0.6692 EUR/JPY BUY Active 127.22 126.42 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 ahead of API’s weekly crude oil inventories data

Posted on August 21, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.23% against the USD and closed at USD66.62 per barrel, as the US sanctions on Iran led to concerns of tighter global oil supplies and amid easing … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on August 21, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.10% against the USD and closed at USD14.75 per ounce. In the Asian session, at GMT0300, the pair is trading at 14.78, with silver trading 0.17% higher against the … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on August 21, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.54% against the USD and closed at USD1197.40 per ounce, as a weaker greenback boosted the demand appeal for the dollar denominated commodity. In the Asian session, at GMT0300, … Continue reading →

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AUD/USD: Aussie extended its previous session gains this morning

Posted on August 21, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.56% against the USD and closed at 0.7345. LME Copper prices rose 2.0% or $119.0/MT to $5963.0/MT. Aluminium prices climbed 1.7% or $34.0/MT to $2033.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading slightly higher this morning

Posted on August 21, 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 1.3040. In the Asian session, at GMT0300, the pair is trading at 1.3033, with the USD trading 0.05% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading higher, ahead of Switzerland’s trade balance data

Posted on August 21, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.38% against the CHF and closed at 0.9907. On the data front, Switzerland’s total sight deposits rose slightly to a level of CHF576.7 billion in the week ended … Continue reading →

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