Daily Archives: July 31, 2014

Trading Signals as per 31-July-2014

Posted on July 31, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/CHF BUY Active 1.5308 1.5378 USD/JPY SELL Active 103.22 102.52 USD/CHF SELL Active 0.9122 0.9052 EUR/USD BUY Active 1.3348 1.3418 EUR/CHF SELL Active 1.2187 1.2142 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil prices reversed its losses in the Asian session

Posted on July 31, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.59% against the USD for the 24 hour period ending 23:00GMT, closing at 99.38. Oil prices fell below the $100 mark, after gasoline supplies continued to rise and following reports that the North … Continue reading →

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Silver: White metal converging with its MA’s

Posted on July 31, 2014 by GCI Financial

Silver Movement Silver prices rose 0.32% to USD 20.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.62, 0.22% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its losses following Fed’s meeting

Posted on July 31, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1295.20 per ounce, after the safe haven appeal of the yellow metal diminished following the Federal Reserve’s upbeat assessment of the … Continue reading →

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AUD/USD: China’s economy to rise 7.5% this year, IMF

Posted on July 31, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.9325. Yesterday, the IMF stated that Australia’s largest trading partner, China would register economic growth at about 7.5% in 2014, with … Continue reading →

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USD/CAD: Loonie trading tad higher ahead of Canada’s GDP data

Posted on July 31, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.50% against the CAD to close at 1.0905 after the Fed’s upbeat assessment of the US economy. In economic news, the industrial product price index in Canada unexpectedly … Continue reading →

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USD/CHF: Swiss Franc reverses its losing streak in the Asian session.

Posted on July 31, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CHF and closed at 0.9089, following Fed’s optimistic view about the health of the US economy. In economic news, the KOF economic barometer in Switzerland … Continue reading →

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USD/JPY: BoJ should contemplate considering zero rates in future, BoJ’s Kiuchi

Posted on July 31, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.74% against the JPY and closed at 102.85 following a strong rebound in its economic growth data from the US. Meanwhile, the Fed’s view optimistic view of the … Continue reading →

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GBP/USD: UK consumer confidence for July dips for the first time in six months

Posted on July 31, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.6907. The greenback continued to remain supported following the Fed’s monetary policy meeting and upbeat economic growth data from the US. … Continue reading →

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EUR/USD: Fed presents an upbeat assessment of the US economy

Posted on July 31, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.3394. The US Dollar strengthened against the Euro, after the Federal Reserve in its monthly monetary policy meeting upgraded its outlook … Continue reading →

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