Monthly Archives: August 2014

EUR/USD: Euro trading lower, ahead of Eurozone & German GDP data

Posted on August 14, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3365, following uninspiring data from the Eurozone. Industrial production in the region unexpectedly fell in June and added to disappointment surrounding … Continue reading →

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Trading Signals as per 13-August-2014

Posted on August 13, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit EUR/JPY BUY Active 136.28 137.08 GBP/CHF BUY Active 1.5208 1.5298 USD/JPY BUY Active 101.88 102.58 GBP/USD BUY Active 1.6778 1.6848 EUR/CHF BUY Active 1.2114 1.2159 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 lower as US crude inventories rose, reported API

Posted on August 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.67% against the USD for the 24 hour period ending 23:00GMT, closing at 97.24 after the American Petroleum Institute (API) reported that the US crude inventories rose by 229,000 barrels for the week … Continue reading →

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Silver: White metal trading on a higher footing this morning

Posted on August 13, 2014 by GCI Financial

Silver Movement Silver prices declined 0.37%to USD 19.94 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.97, 0.15% higher from yesterday’s close. Silver is expected to find support at 19.85, … Continue reading →

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Gold: Yellow metal reverses its gain in the Asian session

Posted on August 13, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1310.10 per ounce as geo-political issues in Eastern Europe are proving to be worse for the Euro-zone’s economic recovery. In the … Continue reading →

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AUD/USD: Aussie continues its gain in the Asian session

Posted on August 13, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.06% against the USD to close at 0.9268. LME Copper prices rose 0.2% or $ 15.0/MT to $ 7025.5/MT. Aluminium prices rose 0.4% or $ 8.0/MT to $ … Continue reading →

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USD/CAD: Loonie trading on a higher footing this morning

Posted on August 13, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD to close at 1.0926. In the Asian session, at GMT0300, the pair is trading at 1.0925, with the USD trading tad lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of its ZEW’s economic survey

Posted on August 13, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.9074 In the Asian session, at GMT0300, the pair is trading at 0.9078, with the USD trading marginally higher from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen trading lower following downbeat GDP data

Posted on August 13, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.06% against the JPY and closed at 102.28 In economic news, Japan’s industrial output fell more than market estimations in June as it recorded a drop of 3.4% … Continue reading →

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GBP/USD: Pound trading tad lower, ahead of BoE’s inflation report

Posted on August 13, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.14% against the USD and closed at 1.6810 In the Asian session, at GMT0300, the pair is trading at 1.6804, with the GBP trading a tad lower from … Continue reading →

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EUR/USD: Euro losses after a sharp drop in sentiment data

Posted on August 13, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.11% against the USD and closed at 1.3369, following downbeat readings on investor sentiment in the Euro-zone and Germany. The common currency also came under pressure as the … Continue reading →

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