Monthly Archives: July 2014

USD/JPY: Japanese government reduces growth estimate for FY 2014/15

Posted on July 22, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.05% against the JPY and closed at 101.41. In the Asian session, at GMT0300, the pair is trading at 101.48, with the USD trading 0.07% higher from yesterday’s … Continue reading →

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GBP/USD: Pound reverses its losses in the Asian session

Posted on July 22, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.09% against the USD and closed at 1.7073. Yesterday, a private survey by the Ernst and Young Item Club projected the UK economy to grow by 3.1% this … Continue reading →

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EUR/USD: Germany economic growth slows down in Q2, Bundesbank

Posted on July 22, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.05% against the USD and closed at 1.3524, as the risk appetite among investors continued to remain strained as the ongoing tensions in the Ukraine-Russia conflict worsened after … Continue reading →

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Trading Signals as per 21-July-2014

Posted on July 21, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD SELL Active 1.3562 1.3492 USD/CHF BUY Active 0.8948 0.9018 GBP/USD SELL Active 1.7122 1.7052 GBP/CHF BUY Active 1.5288 1.5368 NZD/USD SELL Active 0.8742 0.8672 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

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Crude Oil: Crude oil reverses its losses in the Asian session

Posted on July 21, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.94% against the USD for the period ending 21:00GMT, closing at 102.81, despite renewed tensions in Ukraine, Libya and Israel. Over the weekend, violence in Libya resurfaced after rival militia battled … Continue reading →

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Silver: White metal showing convergence with its MA’s

Posted on July 21, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.53% to USD 20.91 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.96, 0.24% higher from Friday’s close. Silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on July 21, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.86% against the USD in the period ending 21:00GMT, at 1310.50 per ounce, reversing its initial gains triggered by uncertainty in Ukraine and Israel. Meanwhile, last week the World Bank projected … Continue reading →

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AUD/USD: Aussie trading lower this morning

Posted on July 21, 2014 by GCI Financial

AUDUSD Movement On Friday, the AUD strengthened 0.63% against the USD to close at 0.9397. LME Copper prices declined 0.1% or $4.0/MT to $ 7026.5/MT. Aluminium prices declined 0.5% or $9.0/MT to $ 1958.5/MT. In the Asian session, at GMT0300, … Continue reading →

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USD/CAD: Loonie trading on a high ground on the back of upbeat CPI data from Canada

Posted on July 21, 2014 by GCI Financial

USDCAD Movement On Friday, the USD declined 0.23% against the CAD to close at 1.0739. The Canadian Dollar strengthened after the consumer price index on a yearly basis rose at its fastest pace in more than two years. Official data … Continue reading →

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USD/CHF: Swiss Franc converging with both its MA’s

Posted on July 21, 2014 by GCI Financial

USDCHF Movement On Friday, the USD rose 0.06% against the CHF and closed at 0.8981. In the Asian session, at GMT0300, the pair is trading at 0.8981, with the USD trading flat from Friday’s close. The pair is expected to … Continue reading →

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USD/JPY: Japanese Yen reverses its losses this morning

Posted on July 21, 2014 by GCI Financial

USDJPY Movement On Friday, the USD strengthened 0.23% against the JPY and closed at 101.36. In the Asian session, at GMT0300, the pair is trading at 101.28, with the USD trading 0.08% lower from Friday’s close. The pair is expected … Continue reading →

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