Monthly Archives: August 2013

AUD/USD: Aussie trading higher this morning

Posted on August 29, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 0.8946, as risk-appetite among investors reduced after the US stated that it is prepared to take military action against Syria ahead of … Continue reading →

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Crude Oil: Oil prices backpedals after the recent string of record highs

Posted on August 29, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined slightly against the USD for the 24 hour period ending 23:00GMT, closing at 109.68. However, prices continue to remain supported broadly, amid ongoing concerns over events in Syria. Yesterday, the Energy Information Administration … Continue reading →

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Silver: Silver retreated after its recent sharp surge

Posted on August 29, 2013 by GCI Financial

Silver Movement Silver prices dropped 0.87% to the US24.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 24.13, 0.95% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold continues to trade above the $1400 level, despite witnessing losses in Asian session

Posted on August 29, 2013 by GCI Financial

Gold Movement Gold prices traded lower marginally against the USD in the 24 hour period ending 23:00GMT, at 1417.43 per ounce, as a stronger greenback curbed demand of gold as alternative investment. Also a recent surge in yellow metal prices, … Continue reading →

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USD/CAD: Greenback gained broadly with Syrian concerns in focus, trading lower this morning

Posted on August 29, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD to close at 1.0494. The greenback continues to hold on to gains against the CAD, as market participants continue to worry about a possible … Continue reading →

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USD/CHF: Pair trading lower this morning

Posted on August 29, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD ticked up 0.48% against the CHF and closed at 0.9229. In economic news, the UBS consumption indicator in Switzerland remained unchanged at a reading of 1.41 in July, in … Continue reading →

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USD/JPY: Yen trading higher this morning

Posted on August 29, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.90% against the JPY and closed at 97.76. In the Asian session, at GMT0300, the pair is trading at 97.53, with the USD trading 0.23% lower from yesterday’s … Continue reading →

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GBP/USD: Pound gave up ground against the dollar following Mark Carney’s speech, trading higher in Asian session

Posted on August 29, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.12% against the USD and closed at 1.5527 after the Bank of England Governor, Mark Carney, stated that further stimulus measures could be added to boost economic recovery in … Continue reading →

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EUR/USD: Euro declined amid ongoing tension in Syria, tad higher this morning

Posted on August 29, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.42% against the USD and closed at 1.3335 as investor preference for the safe-haven dollar, amid the ongoing Syrian crisis, weighed on the demand for the Euro. In the … Continue reading →

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Trading Signals per 28-08-2013

Posted on August 28, 2013 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP SHORT                 Entry-Limit Buy 1,3333   Entry-Limit Sell 0,8637 Limit SELL 1,3373   Limit BUY 0,8597 … Continue reading →

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USD/JPY: Yen slips in the Asian trading hours

Posted on August 28, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.42% against the JPY and closed at 96.89. In the Asian session, at GMT0300, the pair is trading at 97.06, with the USD trading 0.17% higher from yesterday’s … Continue reading →

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