Monthly Archives: December 2013

Crude Oil: Crude falls on soft US housing data, talk of rising Libyan output

Posted on December 31, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 99.33, after disappointing US home sales figures reignited fears of the outlook of the nation, lead to a speculation that … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on December 31, 2013 by GCI Financial

Silver Movement Silver prices declined 2.60% to USD 19.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.48, 0.70% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading tad higher this morning

Posted on December 31, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.46% against the USD in the 24 hour period ending 23:00GMT, at 1197.94 per ounce. In the Asian session, at GMT0400, Gold is trading at 1198.34, marginally higher from yesterday’s close. Gold is … Continue reading →

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AUD/USD: Australian private sector credit witnesses modest growth

Posted on December 31, 2013 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.78% against the USD to close at 0.8922. LME Copper prices rose 0.2% or $12.0/MT to $ 7387.0/MT. Aluminium prices rose 1.0% or $17.5/MT to $ 1771.0/MT. In the … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on December 31, 2013 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.60% against the CAD to close at 1.0645, after data showed that pending home sales in the US rose less-than-expected in November. In the Asian session, at GMT0400, … Continue reading →

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

Posted on December 31, 2013 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.8874. In the Asian session, at GMT0400, the pair is trading at 0.8881, with the USD trading 0.08% higher from yesterday’s … Continue reading →

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USD/JPY: Yen trading tad lower in the wake of national holiday

Posted on December 31, 2013 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.35% against the JPY and closed at 104.93, after a disappointing report on US pending home sales. The pending home sales data rose for the first time in … Continue reading →

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GBP/USD: Pound trading lower this morning

Posted on December 31, 2013 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.08% against the USD and closed at 1.6493. The US Dollar fell after the economic data showed that the pending US home sales came in below expectations, a result … Continue reading →

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EUR/USD: Low-interest rates cannot continue forever, indicated Germany Finance Minister

Posted on December 31, 2013 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.41% against the USD and closed at 1.3808. The US Dollar lost momentum, on the back of disappointing pending US home sales data. According to the National Association of … Continue reading →

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Trading Signals per 30-12-2013

Posted on December 30, 2013 by GCI Financial

FOREX-Signals         EUR/USD LONG EUR/GBP SHORT Entry-Limit Buy 1,3760 Entry-Limit Sell 0,8383 Limit SELL 1,3800 Limit BUY 0,8343 Stop SELL 1,3740 Stop BUY 0,8403 USD/JPY SHORT EUR/CHF LONG Entry-Limit Sell 105,35 Entry-Limit Buy 1,2242 Limit BUY 104,95 … Continue reading →

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Crude Oil: Crude trading higher as US oil stockpiles declined

Posted on December 30, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.57% against the USD for the period ending 21:00GMT, closing at 100.18, after the government data indicated a larger-than-expected decline in US inventories. The Energy Information Administration (EIA) reported that the … Continue reading →

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