Daily Archives: July 16, 2014

Trading Signals as per 16-July-2014

Posted on July 16, 2014 by GCI Financial

  Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3592 1.3522 USD/CAD SELL Active 1.0802 1.0732 AUD/USD SELL Active 0.9392 0.9322 EUR/JPY BUY Active 137.28 1.3808 USD/JPY BUY Active 101.28 101.98 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading →

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Crude Oil: Oil trading higher ahead of the EIA data.

Posted on July 16, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.70% against the USD for the 24 hour period ending 23:00GMT, closing at 100.22, following an official report that Libya’s Sharara field had boosted its production to 554,000 barrels a day and after … Continue reading →

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USD/CAD: Loonie loses ground ahead of the BoC policy meeting

Posted on July 16, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CAD to close at 1.0757. On the macro front, existing home sales in Canada increased 0.8% in June, on a monthly basis, as compared to … Continue reading →

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

Posted on July 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CHF and closed at 0.8959. On the macro front in Switzerland, the producer and import price index dropped 0.8% in June, in line with market … Continue reading →

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USD/JPY: Yen trading above its MA’s

Posted on July 16, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.13% against the JPY and closed at 101.68, after the Fed Chief, Janet Yellen hinted that rates are likely to remain steady for a considerable period of time … Continue reading →

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GBP/USD: Timing of rise in interest rate would depend on data, BoE’s Carney

Posted on July 16, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.31% against the USD and closed at 1.7142, after the UK inflation data rose 1.9% on a yearly basis in June, closer to the BoE’s 2% target and … Continue reading →

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Silver: White metal trading below its MA’s

Posted on July 16, 2014 by GCI Financial

Silver Movement Silver prices declined 0.95% to USD 20.76 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.8, 0.19% higher from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal trading on a higher footing this morning

Posted on July 16, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1295.20 per ounce, as Fed Chief, Janet Yellen in her testimony, indicated that increasing interest rates cannot be used as a … Continue reading →

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AUD/USD: Aussie trading below its MA’s

Posted on July 16, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.28% against the USD to close at 0.9369. LME Copper prices declined 0.7% or $52.0/MT to $ 7102.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $ 1928.0/MT. In … Continue reading →

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EUR/USD: US would not hike its rates for some more time, Fed’s Yellen

Posted on July 16, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.3568 after disappointing ZEW sentiment indexes for Germany and the Euro-zone and following Janet Yellen’s testimony. The USD received a boost … Continue reading →

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