Daily Archives: August 4, 2014

Trading Signals as per 4-August-2014

Posted on August 4, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3455 1.3410 EUR/CHF SELL Active 1.2187 1.2142 USD/CHF SELL Active 0.9102 0.9032 NZD/USD BUY Active 0.8468 0.8538 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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Crude Oil: Oil trading on a higher footing in the Asian session

Posted on August 4, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices marginally declined against the USD for the period ending 21:00GMT, closing at 97.74 as weak US jobs data raised concerns over the demand from the largest consumer of crude. In the Asian … Continue reading →

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Gold: Yellow metal trading lower in the Asian Session

Posted on August 4, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.85% against the USD in the period ending 21:00GMT, at 1294.80 per ounce after the US reported a downbeat non-farm payroll data, diminishing the confidence over the labour market strength. Meanwhile, … Continue reading →

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AUD/USD: Australian retail sales rebounds above expectations in June

Posted on August 4, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD marginally strengthened against the USD to close at 0.9307. Over the weekend, China’s official non-manufacturing PMI fell to a six-month low level of 54.2 in July from 55.0 in June. LME Copper prices declined … Continue reading →

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USD/CAD: Loonie trading tad higher in the Asian session

Posted on August 4, 2014 by GCI Financial

USDCAD Movement On Friday, the USD rose 0.17% against the CAD to close at 1.0925. Canada reported a rise in its manufacturing PMI. The nation reported a reading of 54.3 in July, compared to a reading of 53.5 a month … Continue reading →

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USD/CHF: Swiss Franc reverses its gain in the Asian session

Posted on August 4, 2014 by GCI Financial

USDCHF Movement On Friday the USD declined 0.30% against the CHF and closed at 0.9061, amid thin trading on account of a national holiday in Switzerland. In the Asian session, at GMT0300, the pair is trading at 0.9064, with the … Continue reading →

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USD/JPY: Yen reverses its gain in the Asian session.

Posted on August 4, 2014 by GCI Financial

USDJPY Movement On Friday, the USD weakened 0.21% against the JPY and closed at 102.59 after the US reported a weaker than expected employment data. Over the weekend, Japan’s monetary base in July on an annual basis rose to 42.7% … Continue reading →

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GBP/USD: UK July manufacturing PMI eased at its slowest pace in a year

Posted on August 4, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP declined 0.41% against the USD and closed at 1.6818 after the UK’s factory activity expanded at a slower-than-expected rate. The manufacturing PMI declined to a reading of 55.4 in July. Market expectations were in line … Continue reading →

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EUR/USD: EUR reverses its gain in the Asian Session.

Posted on August 4, 2014 by GCI Financial

EURUSD Movement On Friday, the EUR rose 0.27% against the USD and closed at 1.3425. The USD lost ground following disappointing economic releases from the US. The nation’s unemployment rate rose to 6.2%, against market expectations of rate to steady … Continue reading →

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Crude Oil: Oil trading on a higher footing in the Asian session

Posted on August 4, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices marginally declined against the USD for the period ending 21:00GMT, closing at 97.74 as weak US jobs data raised concerns over the demand from the largest consumer of crude. In the Asian … Continue reading →

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Silver: White metal trading higher this morning

Posted on August 4, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.20% to USD 20.35 per ounce during the period ending 21:00GMT. Data revealed that the US Mint sold 1,975,000 ounces of American Eagle silver coins in July, the lowest since December 2013. In … Continue reading →

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