Daily Archives: July 14, 2014

Trading Signals as per 14-July-2014

Posted on July 14, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/CHF BUY Active 1.2109 1.2154 EUR/USD SELL Active 1.3659 1.3614 EUR/GBP SELL Active 0.7989 0.7944 USD/CHF BUY Active 0.8893 0.8938 USD/JPY BUY Active 100.66 101.65 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil estimates to decline in the remainder of 2014, IEA

Posted on July 14, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 2.09% against the USD for the period ending 21:00GMT, closing at 100.66, after oil supplies from Libya continued to rise, while supplies from Iraq too did not decline due to the … Continue reading →

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Silver: White metal trading lower this morning

Posted on July 14, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.19% to USD 21.51 per ounce during the period ending 21:00GMT. A leading bank reduced its outlook on silver prices for 2014 to $20.16 per ounce from $20.74. It kept its 2015 outlook … Continue reading →

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Gold: Yellow metal reversed its gains this morning

Posted on July 14, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded higher by 0.25% against the USD in the period ending 21:00GMT, at 1340.00 per ounce, after the safe haven appeal of the metal continued to rise as conflicts in Ukraine and the Middle … Continue reading →

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AUD/USD: AUD to fall on US rate increase, RBA’s Stevens

Posted on July 14, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD weakened 0.10% against the USD to close at 0.9385. LME Copper prices rose 0.6% or $41.0/MT to $ 7151.0/MT. Aluminium prices rose 1.1% or $21.0/MT to $ 1906.5/MT. Over the weekend, the Reserve Bank … Continue reading →

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USD/CAD: Loonie trading above its MA’s

Posted on July 14, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.74% against the CAD to close at 1.0730. The Loonie lost ground after disappointing jobs data from Canada and as crude prices declined. The unemployment rate rose to 7.1% in June, the highest … Continue reading →

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USD/CHF: Swiss Franc reversed its gains in the Asian session

Posted on July 14, 2014 by GCI Financial

USDCHF Movement On Friday, the USD marginally declined against the CHF and closed at 0.8923. In the Asian session, at GMT0300, the pair is trading at 0.8926, with the USD trading tad higher from Friday’s close. The pair is expected … Continue reading →

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USD/JPY: Japanese Yen showing convergence with its MA’s

Posted on July 14, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.11% against the JPY and closed at 101.38. In the Asian session, at GMT0300, the pair is trading at 101.35, with the USD trading marginally lower from Friday’s close. This morning, economic data … Continue reading →

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GBP/USD: UK construction output lost momentum in May

Posted on July 14, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally fell against the USD and closed at 1.7121, after the construction output in the UK unexpectedly shrank in May, adding to speculation that the pace of recovery in the nation has declined. The construction … Continue reading →

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EUR/USD: ECB’s interest rates too low for Germany, Bundesbank’s Jens Weidmann

Posted on July 14, 2014 by GCI Financial

EURUSD Movement On Friday, EUR marginally declined against the USD and closed at 1.3604, as worries on the troubles in the European banking system continued to weigh on the common currency. However, in order to cool down the anxiety following … Continue reading →

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