Daily Archives: August 29, 2014

Trading Signals as per 29-August-2014

Posted on August 29, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/CHF BUY Active 1.5148 1.5218 GBP/USD SELL Active 1.6634 1.6589 EUR/CHF BUY Active 1.1990 1.2090 EUR/USD BUY Active 1.3138 1.3208 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 above/below its MA’s

Posted on August 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 94.56, amid supply concerns on the recent developments in Eastern Ukraine. Additionally, encouraging data from the US economy improved the … Continue reading →

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Silver: White metal trading on a higher footing this morning

Posted on August 29, 2014 by GCI Financial

Silver Movement Silver prices rose0.26% to USD 19.48per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.52, 0.28% higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on August 29, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.54%against the USD in the 24 hour period ending 23:00GMT, at 1290.70 per ounce as tensions intensified between Ukraine and Russia, offsetting upbeat US economic data. In the Asian session, at GMT0300, Gold … Continue reading →

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USD/JPY: Japan jobless rate edges up in July, while its inflation rate came in line with estimates

Posted on August 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 103.69. In the Asian session, at GMT0300, the pair is trading at 103.7, with the USD trading flat from yesterday’s close. … Continue reading →

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EUR/USD: Euro extends its losses, ahead of the Eurozone’s CPI data

Posted on August 29, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.3183. The US dollar gained ground following the release of upbeat GDP and housing data from the US. The Q2 GDP … Continue reading →

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AUD/USD: Aussie reverses its gains this morning

Posted on August 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.9357. LME Copper prices declined 0.3% or $18.0/MT to $7033.0/MT. Aluminium prices rose 1.22% or $25.5/MT to $2108.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a higher footing this morning, ahead of Q2 GDP numbers

Posted on August 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0858. In economic news, the current account deficit in Canada fell to CAD 11.9 billion in 2Q 2014, more than market … Continue reading →

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

Posted on August 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded tad higher against the CHF and closed at 0.9152. In economic news, the number of employed people in Switzerland rose to a level of 4.196 million on a … Continue reading →

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GBP/USD: UK consumer confidence in August turned positive for the second time since March 2005

Posted on August 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6588, on upbeat UK data. The CBI reported that the index of UK retailers climbed to a reading of 37.0 in … Continue reading →

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