Daily Archives: October 29, 2014

Trading Signals as per 29-October-2014

Posted on October 29, 2014 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 107.68 108.38 USD/CAD BUY Active 1.1118 1.1188 AUD/USD SELL Active 0.8912 0.8842 NZD/USD BUY Active 0.7888 0.7968 EUR/CHF BUY Active 1.1990 1.2110 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 oil inventory data by the EIA

Posted on October 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 81.49, as the US reported upbeat consumer confidence data in October thus raising the demand outlook of the commodity from … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading higher this morning

Posted on October 29, 2014 by GCI Financial

Silver Movement Silver prices rose 0.44% to USD 17.20 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 17.21, with the silver trading 0.09% higher … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its gains in the Asian session

Posted on October 29, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1228.20 per ounce, rebounding from its previous session losses after the US reported dismal durable goods orders data in October. Meanwhile, … Continue reading →

Posted in Gold | Comments Off

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

Posted on October 29, 2014 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.65% against the USD to close at 0.8853. LME Copper prices rose 0.87% or $59.0/MT to $6859.5/MT. Aluminium prices rose 1.38% or $27.0/MT to $1990.5/MT. In the Asian … Continue reading →

Posted in AUD/USD | Comments Off

USD/CAD: Loonie extends its gains ahead of the BoC’s Governor speech

Posted on October 29, 2014 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.74% against the CAD to close at 1.1170, following downbeat durable goods orders data from the US. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

Posted in USD/CAD | Comments Off

USD/CHF: Swiss franc trading flat ahead of the KOF’s economic forecast data

Posted on October 29, 2014 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.9469. In the Asian session, at GMT0400, the pair is trading at 0.9469, with the USD trading flat from yesterday’s close. … Continue reading →

Posted in USD/CHF | Comments Off

USD/JPY: Japanese industrial production advanced sharper than expected

Posted on October 29, 2014 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 108.11. The Japanese currency lost ground after Japan’s small business confidence unexpectedly fell to a level of 47.4 in October, following … Continue reading →

Posted in USD/JPY | Comments Off

GBP/USD: Pound trading higher ahead of the UK mortgage approvals data

Posted on October 29, 2014 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.12% against the USD and closed at 1.6134, continuing with its previous session gains. Yesterday, the BoE’s Deputy Governor, Jon Cunliffe stated that despite the UK economic recovery … Continue reading →

Posted in GBP/USD | Comments Off

EUR/USD: Euro reverses its gains in the Asian session

Posted on October 29, 2014 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.32% against the USD and closed at 1.2736. The greenback lost ground after durable goods orders data in the US surprisingly dropped 1.3% in September, decreasing for second … Continue reading →

Posted in EUR/USD | Comments Off