Monthly Archives: July 2014

GBP/USD: UK asking prices for homes drop for the first time in 2014, indicates Rightmove

Posted on July 21, 2014 by GCI Financial

GBPUSD Movement On Friday, GBP marginally fell against the USD and closed at 1.7089. Over the weekend, property tracking website, Rightmove, indicated that the average asking price for a house in the UK fell 0.8% in July, its fist decline … Continue reading →

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EUR/USD: Low inflation in the Euro-bloc could damage growth, IMF’s Lagarde

Posted on July 21, 2014 by GCI Financial

EURUSD Movement On Friday, EUR rose 0.06% against the USD and closed at 1.3531, reversing its initial loses after tensions escalated in Ukraine and Israel. Meanwhile, the common currency continued to remain under pressure after the US and the EU … Continue reading →

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Trading Signals as per 18-July-2014

Posted on July 18, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/USD BUY Active 1.3495 1.3540 EUR/GBP BUY Active 0.7884 0.7929 GBP/USD SELL Active 1.7142 1.7072 USD/CAD BUY Active 1.0708 1.0778 USD/JPY BUY Active 100.98 101.68 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 trading above its MA’s

Posted on July 18, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.35% against the USD for the 24 hour period ending 23:00GMT, closing at 103.79, as supply concerns rose after geopolitical tensions in Ukraine and Israel escalated. Oil prices were further boosted after prospect … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on July 18, 2014 by GCI Financial

Silver Movement Silver prices rose 2.19% to USD 21.24 per ounce during the 24 hours ending 23:00GMT, following news of geopolitical instability in Ukraine and Israel. In the Asian session, at GMT0300, Silver is trading at 21.16, 0.38% lower from … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 18, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.78% against the USD in the 24 hour period ending 23:00GMT, at 1321.90 per ounce, as the safe haven appeal of the yellow metal rose after geopolitical concerns intensified following news that Israel … Continue reading →

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AUD/USD: Aussie reverses its losses this morning

Posted on July 18, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.30% against the USD to close at 0.9338. LME Copper prices declined 1.1% or $ 81.5/MT to $ 7030.5/MT. Aluminium prices rose 0.3% or $5.0/MT to $ 1967.5/MT. … Continue reading →

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USD/CAD: Loonie on a higher footing ahead of Canadian CPI data

Posted on July 18, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD to close at 1.0764. On the macro front, data released indicated that the foreign investors have remained net buyers of C$21.43 billion worth of … Continue reading →

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USD/CHF: Swiss Franc showing convergence with its MA’s

Posted on July 18, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.8976. In the Asian session, at GMT0300, the pair is trading at 0.8976, with the USD trading flat from yesterday’s close. … Continue reading →

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USD/JPY: QE to continue in order to achieve price stability target of 2%, BoJ

Posted on July 18, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.52% against the JPY and closed at 101.13. The safe haven appeal of the Japanese Yen rose on speculations of a terrorist attack on a Malaysian Airlines plane … Continue reading →

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GBP/USD: British Pound trading tad higher in Asian session

Posted on July 18, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.27% against the USD and closed at 1.7092. Yesterday, a private survey conducted by Reuters, revealed that the BoE is expected to raise its key rates from their … Continue reading →

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