Monthly Archives: January 2014

Trading Signals per 31-01-2014

Posted on January 31, 2014 by GCI Financial

FOREX-Signals                       EUR/USD LONG     EUR/GBP LONG                 Entry-Limit Buy 1,3515   Entry-Limit Buy 0,8212 Limit SELL 1,3555   Limit SELL 0,8252 … Continue reading →

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Crude Oil: Oil tad higher this morning

Posted on January 31, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 97.99, amid an encouraging economic growth data from the US, even as the greenback strengthened against its key peer currencies … Continue reading →

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Silver: White metal continues to suffer losses in the Asian session

Posted on January 31, 2014 by GCI Financial

Silver Movement Silver prices declined 2.66% to the USD 19.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.17, 0.09% lower from yesterday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold fell as strong US GDP data boosted demand for US dollar

Posted on January 31, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.75% against the USD in the 24 hour period ending 23:00GMT, at 1244.70 per ounce, as the greenback strengthened broadly, after the government data revealed that the US economy expanded in Q4. In … Continue reading →

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AUD/USD: Aussie trading lower this morning, eyes on next week’s RBA rate decision

Posted on January 31, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.54% against the USD to close at 0.8794. LME Copper prices declined 0.7% or $54.0/MT to $7155.0/MT. Aluminium prices declined 1.4% or $23.5/MT to $1686.0/MT. In the Asian session, … Continue reading →

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USD/CAD: Trading above its MAs

Posted on January 31, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.1158. Economic reports out yesterday showed that the gross domestic product in the US rose 1.3% (QoQ) in the fourth quarter … Continue reading →

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USD/CHF: Swiss Franc trading flat in the Asian session

Posted on January 31, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the CHF and closed at 0.9027. In Switzerland, the KOF leading indicator rose to a reading of 1.98 in January from a reading of 1.95 in … Continue reading →

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USD/JPY: Japanese consumer prices rose at sharpest rate in over five years in December

Posted on January 31, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.43% against the JPY and closed at 102.73, as Fed’s decision to taper its bond purchases continued to boost the greenback. In the Asian session, at GMT0400, the … Continue reading →

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GBP/USD: Sterling continues to trade lower this morning

Posted on January 31, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.6497. Economic data released yesterday showed that mortgage approvals in the UK rose to 71,638 in December from an upwardly revised 70,820 … Continue reading →

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EUR/USD: Greenback extends gain on strong US GDP data

Posted on January 31, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.72% against the USD and closed at 1.3558 The US Dollar continued to gain support, after the US economy grew in the fourth quarter. The Commerce Department’s Bureau of … Continue reading →

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EUR/USD: Fed announced further reduction in its bond purchases

Posted on January 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3657. Yesterday, the Federal Reserve policymakers unanimously voted to further cut the stimulus measures. The central bank announced another $10 billion reduction … Continue reading →

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