Daily Archives: July 17, 2014

Trading Signals as per 17-July-2014

Posted on July 17, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3572 1.3502 GBP/USD BUY Active 1.7068 1.7138 USD/JPY BUY Active 101.08 101.78 USD/CAD SELL Active 1.0772 1.0702 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

Posted in Trading Signals | Leave a comment

Crude Oil: Oil inventories fell for third straight week, EIA

Posted on July 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 101.41, after the US Energy Information Administration reported that US crude oil inventories fell by 7.5 million barrels during the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal showing convergence with its MA’s

Posted on July 17, 2014 by GCI Financial

Silver Movement Silver prices rose 0.12% to USD 20.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.85, 0.31% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on July 17, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1298.80 per ounce, reversing its losses from the previous session which was triggered by Fed Chief, Janet Yellen’s comments that the … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie converging with both its MA’s

Posted on July 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.9366. LME Copper prices rose 0.1% or $9.5/MT to $ 7112.0/MT. Aluminium prices rose 1.8% or $34.5/MT to $ 1962.5/MT. In … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: BoC maintained interest rate at 1.0%

Posted on July 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD to close at 1.0740. Yesterday, the Bank of Canada in its monthly monetary policy meeting held its benchmark interest rate steady at 1%. The … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss economic expectations plunged to 18-month low level in July

Posted on July 17, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.8982. The Swiss Franc lost ground, after the ZEW survey reported that economic expectations in Switzerland declined to 18-month low level … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Yen trading below its MA’s

Posted on July 17, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 101.66. Yesterday, the BoJ in its monthly economic report indicated that the output gap between the Japan’s domestic demand and the … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: UK unemployment rate slid to six-year low level

Posted on July 17, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally fell against the USD and closed at 1.7139, despite data indicating a better than expected employment data from the UK. The unemployment rate in the UK dropped to … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: ECB not sure of introducing QE in the Euro-zone, ECB’s Nowotny

Posted on July 17, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.30% against the USD and closed at 1.3527. Remarks from the Fed Chief, Janet Yellen, continued to support the greenback. In her testimony, Yellen convinced lawmakers that the … Continue reading →

Posted in EUR/USD | Comments Off