Daily Archives: July 29, 2014

Trading Signals as per 29-July-2014

Posted on July 29, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3472 1.3402 USD/JPY SELL Active 102.26 101.81 EUR/JPY SELL Active 137.42 136.62 AUD/USD BUY Active 0.9358 0.9428 GBP/CHF BUY Active 1.5308 1.5378 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil prices gained ground this morning

Posted on July 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 101.51, as excess supplies from North Sea and West Africa and weak demand from Europe and Asia overshadowed fears of … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on July 29, 2014 by GCI Financial

Silver Movement Silver prices declined 0.60% to USD 20.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.64 tad higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading on a higher footing in the Asian session

Posted on July 29, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1304.10 per ounce, amid a stronger US Dollar. However, during the day the yellow metal traded above the ‘1300-mark’, ahead of … Continue reading →

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AUD/USD: S&P affirms Australia’s rating at AAA/A-1+

Posted on July 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.9409. Yesterday, data from China, Australia’s biggest trading partner, revealed that CB leading index in China climbed to 100.06 in June, … Continue reading →

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USD/CAD: Loonie reverses its gains in the Asian session

Posted on July 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.0800. In the Asian session, at GMT0300, the pair is trading at 1.0803, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading on a lower footing this morning

Posted on July 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9041, following a disappointing pending home sales data from the US. In the Asian session, at GMT0300, the pair is trading … Continue reading →

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USD/JPY: Yen loses ground following downbeat data from Japan

Posted on July 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 101.85. Yesterday, Japan announced that it would impose further sanctions against Russia by banning imports of products from Crimea and by … Continue reading →

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GBP/USD: British Pound is ‘overvalued’, indicates IMF

Posted on July 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose tad higher against the USD and closed at 1.6982, reversing its initial losses after the IMF raised concerns over the strength of the British Pound, which may hinder … Continue reading →

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EUR/USD: Euro reverses its gains in the Asian session

Posted on July 29, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose marginally against the USD and closed at 1.3439. On the macro front, business confidence in Italy unexpectedly declined to a level of 99.7 in July, as compared to … Continue reading →

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