Gold: Yellow metal extends its gains in the Asian session

Posted on August 10, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.36% against the USD and closed at USD1346.2 per ounce, amid a broad weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1354.5, … Continue reading →

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AUD/USD: Monetary policy alone cannot revive the nation’s economic growth: RBA Governor

Posted on August 10, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.18% against the USD and closed at 0.7666. LME Copper prices declined 0.35% or $17.0/MT to $4779.0/MT. Aluminium prices declined 1.16% or $19.0/MT to $1626.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its gains in the Asian session

Posted on August 10, 2016 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3114. In economic news, Canada’s housing starts dropped to a level of 198.4K in July, indicating a slowdown in nation’s housing … Continue reading →

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USD/CHF: Swiss Franc trading higher in the Asian session

Posted on August 10, 2016 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CHF and closed at 0.9811. Macroeconomic data indicated that, the seasonally adjusted unemployment rate in Switzerland remained steady at a level of 3.3% in July, … Continue reading →

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USD/JPY: Japanese Yen trading on a stronger footing this morning

Posted on August 10, 2016 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the JPY and closed at 101.90. On the data front, Japan’s preliminary machine tool orders dropped by 19.6% on an annual basis in July, following a … Continue reading →

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Trading Signals as per 9-August-2016

Posted on August 9, 2016 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.1058 1.1108 GBP/USD BUY Active 1.2928 1.3028 USD/CAD BUY Active 1.3128 1.3198 GBP/CHF SELL Active 1.2857 1.2742 NZD/USD BUY Active 0.7099 0.7153 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many … Continue reading →

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EUR/USD: Euro trading flat in the Asian session

Posted on August 9, 2016 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1080. In economic news, data indicated that Eurozone’s Sentix investor confidence index rose to a level of 4.2 in August, highlighting … Continue reading →

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Crude Oil: Oil reverses its gains, ahead of the API’s weekly crude oil inventory data

Posted on August 9, 2016 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.27% against the USD and closed at 42.86, amid renewed speculation that Organization of the Petroleum Exporting Countries (OPEC) would try to curb output. In the Asian … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 9, 2016 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.1% against the USD and closed at 19.77. In the Asian session, at GMT0300, the pair is trading at 19.74, with the silver trading 0.13% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading a tad lower in the Asian session

Posted on August 9, 2016 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined marginally against the USD and closed at USD1341.0 per ounce. In the Asian session, at GMT0300, the pair is trading at 1340.4, with the gold trading marginally lower from … Continue reading →

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AUD/USD: Aussie trading lower in the Asian session

Posted on August 9, 2016 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.63% against the USD and closed at 0.7652. LME Copper prices rose 0.07% or $3.5/MT to $4796.0/MT. Aluminium prices rose 1.04% or $17.0/MT to $1645.0/MT. In the Asian … Continue reading →

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