Monthly Archives: July 2014

Crude Oil: Oil prices trading tad higher ahead of the EIA data

Posted on July 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 100.99 as a firm dollar weighed on the demand for commodities as an alternative investment. The oil prices also came … Continue reading →

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Silver: White metal trading converging with its MA’s

Posted on July 30, 2014 by GCI Financial

Silver Movement Silver prices declined 0.17% to USD 20.60 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.61, tad higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on July 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1298.70 per ounce, following a strengthening of the US Dollar. The precious metal also came under pressure from encouraging US economic … Continue reading →

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AUD/USD: Aussie extends its losses in the Asian session

Posted on July 30, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.9386 following upbeat data from the US. LME Copper prices declined 0.2% or $16.0/MT to $ 7116.0 /MT. Aluminium prices declined … Continue reading →

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USD/CAD: Loonie loses ground this morning

Posted on July 30, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.47% against the CAD to close at 1.0851, after consumer confidence in the US surged to its highest level since 2007 in July. Yesterday, a survey by the … Continue reading →

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USD/CHF: Swiss Franc trading above its MA’s

Posted on July 30, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CHF and closed at 0.9069. In the Asian session, at GMT0300, the pair is trading at 0.9068, with the USD trading marginally lower from yesterday’s … Continue reading →

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USD/JPY: Japanese industrial production fell sharply in June

Posted on July 30, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 102.10 following upbeat US consumer confidence data. In the Asian session, at GMT0300, the pair is trading at 102.10, with the … Continue reading →

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GBP/USD: Current account deficit not a threat to growth, BoE’s Broadbent

Posted on July 30, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.6944. However, data revealed that the number of mortgage approvals for house purchases in the UK rose to 67.2K in June, … Continue reading →

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EUR/USD: US Dollar trading tad lower ahead of the Fed’s interest rate decision

Posted on July 30, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.22% against the USD and closed at 1.3409. The US dollar was boosted after data released indicated that consumer confidence index in the US climbed surprisingly to a … Continue reading →

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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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