Daily Archives: October 16, 2014

Trading Signals as per 16-October-2014

Posted on October 16, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 0.9328 0.9458 USD/JPY BUY Active 105.18 106.68 EUR/JPY BUY Active 134.78 136.18 EUR/USD SELL Active 1.2904 1.2684 AUD/USD BUY Active 0.8708 0.8848 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from … Continue reading →

Posted in Trading Signals | Leave a comment

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

Posted on October 16, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.98% against the USD for the 24 hour period ending 23:00GMT, closing at 80.71, after the American Petroleum Institute (API) reported that the US crude oil inventories rose by 10 million barrels to … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its gains this morning

Posted on October 16, 2014 by GCI Financial

Silver Movement Silver prices rose 0.52% to USD 17.45 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 17.435, with the silver trading 0.06% lower … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Posted on October 16, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.80% against the USD in the 24 hour period ending 23:00GMT, at 1240.70 per ounce, following disappointing economic releases from the US, thereby increasing yellow metal’s appeal. Meanwhile, gold prices continued to remain … Continue reading →

Posted in Gold | Comments Off

AUD/USD: Aussie trading on a weaker footing this morning

Posted on October 16, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.02% against the USD to close at 0.8798. LME Copper prices rose 0.01% or $0.5/MT to $6781.0/MT. Aluminium prices rose 0.18% or $3.5/MT to $1912.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

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

Posted on October 16, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD to close at 1.1267, after retail sales in the US deteriorated in September. In economic news, Canada’s existing home sales eased 1.4% in September … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc extends its gains ahead of the SECO’s economic forecasts

Posted on October 16, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CHF and closed at 0.9416. On the macro front, the ZEW survey revealed that the Swiss economic expectations index eased to a negative reading of … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: BoJ’s Kuroda welcomes a positive Yen

Posted on October 16, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.15% against the JPY and closed at 106.01. The Japanese currency gained ground after, Japan’s machine tool orders advanced 34.7% on an annual basis in September, after it … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: ILO unemployment rate in Britain eased to 6-year low

Posted on October 16, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.65% against the USD and closed at 1.5995, after the UK’s ILO unemployment rate dropped to 6.0%, marking its lowest level since October 2008, for the three months … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro extends its gains, ahead of the Euro-zone CPI data

Posted on October 16, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.38% against the USD and closed at 1.2819. On the macro front, Germany’s final consumer price index (CPI) advanced 0.8% on an annual basis in September, at par … Continue reading →

Posted in EUR/USD | Comments Off