Daily Archives: October 17, 2014

Trading Signals as per 17-October-2014

Posted on October 17, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/CAD BUY Active 1.1178 1.1298 GBP/CHF SELL Active 1.5272 1.5112 EUR/CHF BUY Active 1.2020 1.2136 GBP/USD SELL Active 1.6177 1.5967 Additional Forex Trading Signals: MetaTrader:  Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that … Continue reading →

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Crude Oil: Oil trading above its MA’s

Posted on October 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.96% against the USD for the 24 hour period ending 23:00GMT, closing at 83.10, as industrial production in the US rebounded strongly in September, thereby increasing the demand outlook of the commodity from … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 17, 2014 by GCI Financial

Silver Movement Silver prices rose/declined 0.34% to USD 17.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 17.355, with silver trading 0.17% lower from yesterday’s close. The pair is … Continue reading →

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Gold: Yellow metal extends its losses this morning

Posted on October 17, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1238.90 per ounce, following encouraging economic data from the US, thereby easing fears over the US economic outlook. In the Asian … Continue reading →

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AUD/USD: Aussie trading flat in the Asian session

Posted on October 17, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.40% against the USD to close at 0.8763, amid a broad strength in the greenback. LME Copper prices declined 2.23% or $151.0/MT to $6630.0/MT. Aluminium prices declined 2.07% … Continue reading →

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USD/CAD: Loonie trading higher, ahead of Canada’s CPI data

Posted on October 17, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.1257. On the macro front, Canada’s manufacturing shipments eased 3.3% on a monthly basis in August, registering its fastest decline since … Continue reading →

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USD/CHF: Swiss Franc trading on a weaker footing this morning

Posted on October 17, 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 0.9424. The Swiss Franc lost ground after Switzerland’s SECO downgraded the nation’s economic growth forecast for 2014 to 1.8% from its … Continue reading →

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USD/JPY: Japanese Yen reverses its losses this morning

Posted on October 17, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.40% against the JPY and closed at 106.44. In economic news, Japanese Tokyo condominium sales slid 44.1% in September, following a drop of 49.1% in August. In the … Continue reading →

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GBP/USD: Pound reverses its gains this morning

Posted on October 17, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.67% against the USD and closed at 1.6102. Yesterday, the BoE Deputy Governor, Jon Cunliffe stated that new regulations governing banks and financial institutions must be applied consistently … Continue reading →

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EUR/USD: Euro trading lower in the Asian session

Posted on October 17, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.2810. In economic news, the Euro-zone’s consumer price index (CPI) rose 0.4% on a MoM basis in September, at par with … Continue reading →

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