Monthly Archives: July 2014

AUD/USD: Aussie weakened on soft data from Australia and China

Posted on July 10, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.07% against the USD to close at 0.9412. LME Copper prices rose 0.3% or $18.0/MT to $ 7173.0/MT. Aluminium prices rose 0.7% or $13.5/MT to $ 1924.0/MT. In … Continue reading →

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USD/CAD: Loonie firmer on solid Canadian housing data

Posted on July 10, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0653. The Canadian Dollar traded higher, on the back of stronger than expected figures for Canadian housing starts data. The housing … Continue reading →

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

Posted on July 10, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.8911. In the Asian session, at GMT0300, the pair is trading at 0.8906, with the USD trading 0.06% lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading below its MA’s

Posted on July 10, 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 101.60. On the economic front, the preliminary machine tool orders on an annualised basis rose 34.2% in June, compared to a … Continue reading →

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GBP/USD: British Pound trading tad lower ahead of the BoE’s policy meeting

Posted on July 10, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.7154, after Bank of England’s new policy committee member and head of banking and markets, Nemat Shafik, said that the slack … Continue reading →

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EUR/USD: QE to end in October, if economy matches projections indicates FOMC

Posted on July 10, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.21% against the USD and closed at 1.3641. The US Dollar declined after the minutes of the Federal Reserve’s latest meeting failed to give any clarity on when … Continue reading →

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Trading Signals as per 9-July-2014

Posted on July 9, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit GBP/USD BUY Active 1.7088 1.7158 USD/JPY SELL Active 102.02 101.32 USD/CAD BUY Active 1.0638 1.0708 AUD/USD BUY Active 0.9358 0.9428 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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Crude Oil: Oil prices tad higher ahead of EIA stockpiles data

Posted on July 9, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.39% against the USD for the 24 hour period ending 23:00GMT, closing at 103.41, as geopolitical concerns in Iraq and Libya receded. However, oil prices rose for a brief period of time, after … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on July 9, 2014 by GCI Financial

Silver Movement Silver prices declined 0.28% to USD 21.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.04, 0.17% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading lower ahead of the FOMC meeting minutes

Posted on July 9, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1319.50 per ounce, amid a decline in global equity markets. Additionally, the demand for the yellow metal rose, following an initial … Continue reading →

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AUD/USD: Aussie trading above its MA’s

Posted on July 9, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.16% against the USD to close at 0.9373. LME Copper prices rose 0.5% or $34.5/MT to $ 7155.0/MT. Aluminium prices rose 0.9% or $16.5/MT to $ 1910.5/MT. In … Continue reading →

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