Daily Archives: August 1, 2013

Trading Signals per 01-08-2013

Posted on August 1, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3215   Entry-Limit Buy 0,8705 Limit SELL 1,3255   Limit SELL 0,8745 … Continue reading →

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Crude Oil: Oil extends gains in the Asian session on Fed’s dovish stance, encouraging Chinese data

Posted on August 1, 2013 by GCI Financial

  Crude Oil prices jumped 1.96% against the USD for the 24 hour period ending 23:00GMT, closing at 105.14, as the US Federal Reserve gave no indication on when it will curb economic stimulus, assuring commodity traders of continued liquidity … Continue reading →

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Silver: Silver trading lower this morning, after yesterday’s rise

Posted on August 1, 2013 by GCI Financial

  Silver prices rose 0.52% to the USD19.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.65, 1.16% lower from yesterday’s close. Silver is expected to find support at 19.33, … Continue reading →

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Gold: Gold showing convergence with its MA’s

Posted on August 1, 2013 by GCI Financial

  Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1326.14 per ounce. In the Asian session, at GMT0300, Gold is trading at 1322.26, 0.29% lower from yesterday’s close, after the Federal … Continue reading →

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AUD/USD: Lingering speculation of rate cuts by the RBA weighs on AUD

Posted on August 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, AUD weakened 1.31% against the USD to close at 0.8952, as traders continue to bet that Reserve Bank of Australia (RBA) would cut interest rates, thus curbing demand for the Aussie. LME … Continue reading →

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USD/CAD: US Dollar fell as Fed gave no hint on timing of QE tapering

Posted on August 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD fell 0.15% against the CAD to close at 1.0286, after the Federal Reserve did not provide clue on when they will start tapering its asset purchase program. In Canadian economic … Continue reading →

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USD/CHF: Swiss Franc recording losses in the Asian session

Posted on August 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CHF and closed at 0.9262. Swiss data released yesterday showed that KOF leading economic indicator increased for a fourth consecutive month in July, suggesting that the … Continue reading →

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USD/JPY: Yen trading lower in the Asian session

Posted on August 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, the USD weakened 0.17% against the JPY and closed at 97.85. In Japan, housing starts grew 15.3% (YoY) in June, faster than the 14.5% rise in May. Meanwhile, the construction orders rose … Continue reading →

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GBP/USD: Pound trading lower; BoE rate decision awaited

Posted on August 1, 2013 by GCI Financial

  For the 24 hours to 23:00 GMT, GBP dropped 0.45% against the USD and closed at 1.5173. In the Asian session, at GMT0300, the pair is trading at 1.5163, with the GBP trading marginally lower from yesterday’s close. Investors … Continue reading →

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EUR/USD: Euro slips after rising on upbeat German employment data, Fed stance

Posted on August 1, 2013 by GCI Financial

For the 24 hours to 23:00 GMT, EUR climbed 0.26% against the USD and closed at 1.3301, following a report that revealed that number of unemployed people in Germany fell by 7,000 in June, defying expectations for a 4,000 decline. … Continue reading →

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