Daily Archives: October 8, 2014

Trading Signals as per 8-October-2014

Posted on October 8, 2014 by GCI Financial

  Pair Action Status Stop Loss Take Profit USD/JPY SELL Active 108.92 107.92 GBP/CHF BUY Active 1.5308 1.5418 EUR/GBP SELL Active 0.7908 0.7863 USD/CAD SELL Active 1.1222 1.1152 AUD/USD SELL Active 0.8832 0.8742 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select … Continue reading →

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Crude Oil: Oil trading lower, ahead of the weekly crude oil supply data from the EIA

Posted on October 8, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.99% against the USD for the 24 hour period ending 23:00GMT, closing at 88.55, after the IMF trimmed its global economic growth forecasts for the third time this year, raising demand concerns of … Continue reading →

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Silver: White metal extends its losses this morning

Posted on October 8, 2014 by GCI Financial

Silver Movement Silver prices declined 0.35% to USD 17.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.215, with the silver trading 0.15% lower from yesterday’s close. The pair … Continue reading →

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Gold: Yellow metal trading on a stronger footing in the Asian session

Posted on October 8, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1211.20 per ounce, as demand for the yellow metal rose on the back of a weak US Dollar and decline in … Continue reading →

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AUD/USD: Australia’s jobless rate to remain above 6%: IMF

Posted on October 8, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.56% against the USD to close at 0.8814. LME Copper prices rose 0.04% or $2.5/MT to $6715.0/MT. Aluminium prices declined 0.63% or $12.0/MT to $1886.0/MT. Yesterday, the IMF … Continue reading →

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USD/CAD: Loonie trading weaker ahead of Canada’s housing starts data

Posted on October 8, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.1157. The Canadian Dollar lost ground after Canada’s building permits eased 28.3% on a monthly basis in August, more than market … Continue reading →

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USD/CHF: Swiss Franc trading lower, ahead of Swiss unemployment rate

Posted on October 8, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CHF and closed at 0.9567. In economic news, the Swiss CPI advanced 0.1% on a monthly basis in September, less than market expectations for a … Continue reading →

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

Posted on October 8, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.76% against the JPY and closed at 108.00. On the macro front, Japan’s leading economic index dropped to 104.0 in August, marking its lowest level since January 2013 … Continue reading →

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GBP/USD: Pound trading lower in the Asian session

Posted on October 8, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6098, after a leading think tanker NIESR in its monthly GDP estimate reported that the UK economy grew 0.7% % for … Continue reading →

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EUR/USD: Euro trading on a lower footing this morning

Posted on October 8, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.14% against the USD and closed at 1.2670, extending its previous session gains. In economic news, the seasonally adjusted German industrial output fell 4.0% on a monthly basis … Continue reading →

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