Monthly Archives: July 2014

USD/CAD: Loonie trading above its MA’s

Posted on July 24, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD to close at 1.0730. The Canadian Dollar gained ground after a report indicated that retail sales in Canada rose for a second straight month … Continue reading →

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USD/CHF: Swiss France is trading tad lower this morning

Posted on July 24, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9025. In the Asian session, at GMT0300, the pair is trading at 0.9026, with the USD trading tad higher from yesterday’s … Continue reading →

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USD/JPY: Yen nudged lower this morning on the back of soft data from Japan

Posted on July 24, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.07% against the JPY and closed at 101.54. In the Asian session, at GMT0300, the pair is trading at 101.56, with the USD trading marginally higher from yesterday’s … Continue reading →

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GBP/USD: UK economy is gaining momentum, BoE’s Carney

Posted on July 24, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.18% against the USD and closed at 1.7036, after the Bank of England in its minutes of its latest meeting failed to provide any insights on the probable … Continue reading →

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EUR/USD: IMF trims US 2014 growth forecast

Posted on July 24, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3460, as investor appetite continued to be strained about the effects of possible fresh sanctions against Russia by the EU on … Continue reading →

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Trading Signals as per 23-July-2014

Posted on July 23, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.9482 0.9412 USD/JPY SELL Active 101.82 101.12 NZD/USD SELL Active 0.8737 0.8662 USD/CAD BUY Active 1.0701 1.0746 USD/CHF SELL Active 0.9043 0.8998 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Oil trading higher ahead of the EIA data

Posted on July 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.65% against the USD for the 24 hour period ending 23:00GMT, closing at 101.88, amid reports that oil supplies were not affected much due to the continuous violence in Iraq, Ukraine and Gaza. … Continue reading →

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Silver: White metal converging with its MA’s

Posted on July 23, 2014 by GCI Financial

Silver Movement Silver prices rose 0.24% to USD 21.01 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.99, 0.07% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its losses in the Asian session

Posted on July 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1307.90 per ounce, as tensions between Russia and the West eased to some extent after the pro-Russian rebels in Ukraine cooperated … Continue reading →

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AUD/USD: Aussie trading on a higher footing amid upbeat inflation numbers from Australia

Posted on July 23, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.25% against the USD to close at 0.9391. LME Copper prices rose 1.0% or $71.0/MT to $ 7060.5/MT. Aluminium prices rose 1.6% or $32.5/MT to $ 2020.5/MT. In … Continue reading →

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USD/CAD: Loonie trading below its MA’s

Posted on July 23, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD to close at 1.0741. The US Dollar was aided by upbeat inflation and home sales data from the US. In the Asian session, at … Continue reading →

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