Monthly Archives: August 2014

Crude Oil: Oil trading higher, ahead of the weekly crude-oil stocks data from the EIA

Posted on August 27, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 93.84, as strong durable goods data and consumer confidence from the US boosted economic optimism in the world’s largest consumer … Continue reading →

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Silver: White metal extends its gain in the Asian session

Posted on August 27, 2014 by GCI Financial

Silver Movement Silver prices traded marginally higher to USD 19.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.39, 0.23% higher from yesterday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal trading on a higher footing this morning

Posted on August 27, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1281.30 per ounce, despite the US registering encouraging durable goods and consumer confidence data. In the Asian session, at GMT0300, Gold … Continue reading →

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USD/CAD: Loonie extends its gains this morning

Posted on August 27, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.0953. In the Asian session, at GMT0300, the pair is trading at 1.0931, with the USD trading 0.2% lower from yesterday’s … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the Asian session

Posted on August 27, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.9176. In the Asian session, at GMT0300, the pair is trading at 0.9175, with the USD trading tad lower from yesterday’s … Continue reading →

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USD/JPY: Japanese Yen reverses its losses in the Asian session

Posted on August 27, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded tad higher against the JPY and closed at 104.09. In economic news, the Japanese small business confidence index fell to 47.7 in August, compared to market expectations of … Continue reading →

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GBP/USD: Pound trading higher in the Asian session

Posted on August 27, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.13% against the USD and closed at 1.6546. In economic news, the mortgage approvals in the UK declined to two-month low in July, diminishing optimism over the health … Continue reading →

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EUR/USD: Euro extends its losses this morning

Posted on August 27, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.14% against the USD and closed at 1.3168. The USD gained ground, following upbeat economic data from the US. In the US, the orders for the durable goods … Continue reading →

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Trading Signals as per 26-August-2014

Posted on August 26, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 104.16 103.71 GBP/USD SELL Active 1.6605 1.6560 USD/CAD SELL Active 1.1012 1.0942 NZD/USD BUY Active 0.8298 0.8368 GBP/CHF BUY Active 1.5118 1.5198 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 weekly crude-oil stocks data from the API

Posted on August 26, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 93.41. However, during the day oil prices came under pressure as geopolitical tensions escalated in the Middle East and Ukraine. … Continue reading →

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Silver: White metal reverses its losses this morning

Posted on August 26, 2014 by GCI Financial

Silver Movement Silver prices declined 0.36% to USD 19.34 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.38, 0.18% higher from yesterday’s close. Silver is … Continue reading →

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