Crude Oil: Oil trading above its MA’s

Posted on October 1, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 44.51, after the Energy Information Administration (EIA) disclosed a strong build-up in US crude oil stocks. The EIA revealed that … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on October 1, 2015 by GCI Financial

Silver Movement Silver prices declined 0.27% to USD 14.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.56, with the silver trading 0.1% higher from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal reverses its gains this morning

Posted on October 1, 2015 by GCI Financial

Gold Movement Gold prices traded higher by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1132.30 per ounce. However, the yellow metal’s prices pared its gains, on upbeat US private sector employment data, which boosted prospects … Continue reading →

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AUD/USD: Aussie trading on a stronger footing in the Asian session

Posted on October 1, 2015 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened marginally against the USD to close at 0.7002. LME Copper prices rose 1.66% or $83.0/MT to $5093.0/MT. Aluminium prices rose 0.84% or $13.0/MT to $1562.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains this morning, after Canada posted its second month of growth

Posted on October 1, 2015 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD to close at 1.3329. The CAD strengthened after the Canadian economy rose for second month in a row. The Canadian GDP rose 0.3% MoM in … Continue reading →

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USD/CHF: Swiss Franc extends its losses in the Asian session

Posted on October 1, 2015 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9742. The Swiss Franc posted losses after the nation’s KOF leading indicator fell to 100.4 in September, from an upwardly revised … Continue reading →

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GBP/USD: Pound trading higher, ahead of UK’s September PMI manufacturing data

Posted on October 1, 2015 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.21% against the USD and closed at 1.5126, as UK GDP numbers could not provide any surprise. Data showed that Britain’s economy grew at a seasonally adjusted rate … Continue reading →

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EUR/USD: Euro-zone inflation below zero again

Posted on October 1, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.73% against the USD and closed at 1.1171, on the back of downbeat economic data across the Euro-zone. Data released showed that the Euro-zone’s slipped back into deflation … Continue reading →

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Trading Signals as per 30-September-2015

Posted on September 30, 2015 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1168 1.1268 USD/CHF BUY Active 0.9698 0.9778 USD/JPY SELL Active 120.82 119.92 EUR/JPY SELL Active 135.22 134.22 NZD/USD BUY Active 0.6328 0.6408 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 the EIA’s crude oil inventory data

Posted on September 30, 2015 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 44.43, as concerns over slowdown in China continued to hit oil prices. Oil prices were further pressurised, after the American … Continue reading →

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EUR/USD: Euro extends its gains this morning, ahead of series of economic data across the Euro-zone

Posted on September 30, 2015 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.17% against the USD and closed at 1.1253. Yesterday, data indicated that flash consumer prices in Germany, Europe’s biggest economy, remained unchanged in September, on an annual basis, … Continue reading →

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